Shanghai responded that "the provident fund center is closed and loan repayment will be affected": it can be processed online

　　Zhongxin Finance, April 7th. Recently, it was reported on the Internet that "Shanghai Provident Fund Center is closed due to the impact of the epidemic, and it is temporarily unable to complete the provident fund-related business in March. It is currently impossible to predict the specific opening time in the later period, so it is in the process of providing provident fund loan repayment. Employees may be affected by this situation. The Provident Fund Center recommends employees to keep sufficient repayment amount in the relevant loan repayment bank account to avoid automatic deduction failure, resulting in overdue repayment affecting personal credit.”

　　To this end, the Shanghai Rumor Refuting Platform issued a response on the 7th saying that the Shanghai Provident Fund Center stated that it has now opened up a variety of online business processing channels.

The housing provident fund remittance and supplementary payment business can be handled online.

A number of housing provident fund businesses such as unit account opening, provident fund account transfer and sealing are all provided online. All depositing units and employees can apply online through channels such as the “One-stop Service” and “Shanghai Provident Fund” App.

　　According to Internet legends, the “failure of provident fund repayment and deduction” occurs mainly because due to the impact of the epidemic, some units failed to remit the provident fund in time, which will affect the provident fund withdrawal and loan repayment in April.

It is not related to the closure of offline provident fund outlets.

　　Here, Shanghai Provident Fund Center reminds that if the failure of the unit to remit the provident fund in time affects the timely repayment of the borrower, the borrower who has already processed the loan repayment should deposit (or keep it in the loan repayment card before the agreed repayment date) ) for at least one month’s repayment funds, so as to repay in full on the agreed repayment date.

Borrowers are requested to deposit sufficient funds for repayment through commercial bank outlets and online channels.

(over)