Can I draw housing accumulation fund when I buy a car? What procedures do I need? The housing provident fund cannot be withdrawn when buying a car, but only when purchasing a self owned house and paying rent. According to Article 24 of the Regulations on the Administration of Housing Provident Fund, if an employee has one of the following circumstances, he/she can withdraw the balance of the account of housing provident fund: (1) purchase, construction, renovation, overhaul of self owned housing; （2） Retired or retired; （3） Completely lose the ability to work and terminate the labor relationship with the unit; （4） Going abroad to settle down; （5） Repayment of principal and interest of house purchase loan; （6） The rent exceeds the specified proportion of the family's wage income. In accordance with the provisions of (2), (3) and (4) of the preceding paragraph, if the employee housing fund is withdrawn, the employee housing fund account shall be canceled at the same time. If an employee dies or is declared dead, the heir or legatee of the employee may withdraw the balance of the employee's housing fund account; If there is no heir or legatee, the balance of the employee's housing provident fund account shall be included in the value-added income of the housing provident fund.
 Regarding the payment of the housing provident fund: Article 15 of the Regulations on the Administration of the Housing Provident Fund, if the unit employs employees, it shall go through the payment registration at the housing provident fund management center within 30 days from the date of employment, and go through the procedures for the establishment or transfer of the employee's housing provident fund account at the entrusted bank with the examination documents of the housing provident fund management center. If the unit terminates the labor relationship with the employee, the unit shall, within 30 days from the date of termination of the labor relationship, go through the change registration at the Housing Provident Fund Management Center, and go through the procedures of transferring or sealing the employee's housing provident fund account at the entrusted bank with the approval document of the Housing Provident Fund Management Center. Article 16 The monthly deposit amount of the employee's housing provident fund shall be the average monthly salary of the employee in the previous year multiplied by the proportion of the employee's housing provident fund deposit. The monthly deposit amount of the housing provident fund paid by the unit for employees is the average monthly salary of the employee in the previous year multiplied by the unit housing provident fund deposit ratio. I hope the above answers are helpful to you.