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On the adjustment of individual housing provident fund deposit and loan interest rates and other issues related to notice On the adjustment of individual housing provident fund deposit and loan interest rates and other issues related to notice
Jianjin [2008] No. 207
Ministry of Housing and Urban - Rural Development of the People 's Republic of China October 31,

The provinces, autonomous regions and construction departments, municipalities, Xinjiang Production and Construction Corps housing provident fund management committee, the housing provident fund management center:

Pursuant to the Notice of the People 's Bank of China on Expanding the Floating Rate of Commercial Individual Housing Loans (No. 302 [2008] of the People' s Bank of China on October 22, 2008) and the Notice of the People 's Bank of China on Adjusting the Renminbi (YF [2008] No. 309), the Company has hereby notified the relevant matters concerning the adjustment of the interest rates on deposits and loans of individual housing accumulation funds as follows:

First, from October 27, 2008, the individual housing provident fund loans down 0.27 percentage points of each grade. The following five years (including five years) from 4.32% to 4.05%, more than five years from 4.86% to 4.59%.

Second, from October 30, 2008, the reduction in the previous year carry-over of individual housing provident fund deposit interest rate 0.27 percentage points from 3.15% to 2.88%. When the individual housing accumulation fund deposit interest rates unchanged.

Third, around the housing provident fund management center to further strengthen the individual housing loan management, strict pre-loan review, strengthen post-loan management, and effectively control the risk of loans.

Please provinces, autonomous regions and Construction Department immediately forward this notice to the housing provident fund management committee, the housing provident fund management center. Localities in the policy implementation of the new situation, new problems, please report to me.

Schedule: personal housing provident fund deposit and loan interest rate adjustment table

Ministry of Housing and Urban-Rural Development of the People's Republic of China
October 30, 2008

Schedule:

Project
Adjust the interest rate before
Adjusted interest rate

First, the individual housing provident fund deposits

Then deposited
0.72 0.72

Last year carried forward
3.15 2.88

Second, personal housing accumulation fund loans

Five years or less (including five years)
4.32 4.05

More than five years
4.86 4.59

Project	Adjust the interest rate before	Adjusted interest rate
First, the individual housing provident fund deposits
Then deposited	0.72	0.72
Last year carried forward	3.15	2.88
Second, personal housing accumulation fund loans
Five years or less (including five years)	4.32	4.05
More than five years	4.86	4.59