The granted amount of provident fund loan set a new record in November, according to Zhongshan Housing Provident Fund Management Center. A total of 534 bills of provident fund loans, valuing 246 million yuan, were issued last month.

Introduction of new policies beneficial to the public, law enforcement and inspection on protection of provident fund depositors and etc dramatically drove up the application and issuing of provident fund loans in November, supervision director of Zhongshan Housing Provident Fund Management Center Chen Jiaying said.