The withdrawal policy of provident fund is different in each region. Taking Shanghai as an example, the Regulations on the Administration of Housing Provident Fund stipulates that employees who have one of the following circumstances can withdraw the deposit balance in their housing provident fund account: those who purchase, build, rebuild or overhaul their own housing; Retired or retired; Completely lose the ability to work and terminate the labor relationship with the unit; Going abroad to settle down; Repayment of principal and interest of house purchase loan; The rent exceeds the specified proportion of family wage income.
 Legal basis
 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, build, rebuild or overhaul his/her own 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 In accordance with the provisions of (2), (3) and (4) of the preceding paragraph, if the employee housing fund is withdrawn, the employee housing fund account shall be canceled at the same time.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.