Home Government Services Pag-IBIG Benefits Members

Pag-IBIG Benefits Members

Pag-IBIG Benefits Members
Sponsored Links

If you want to save up on your hard earned money and reap the rewards later, Pag-IBIG Fund is the best financial support. It’s open for employees, freelancers and OFWs. Under the Republic Act No. 9679 or the Home Development Mutual Fund Law of 2009 which offers a savings program and housing opportunities for Filipino members including the seafarers and OFWs (Overseas Filipino Workers). See the list below what are those Pag-IBIG benefits for their member.

Membership Savings Program

  • Pag-IBIG I Savings Program – a mandatory programs for members with a minimal monthly contribution of Php100.00. You can make your contribution higher if you prefer. This will give you a chance of having a higher loan and guarantee bigger funds in the future. The interest rate is 7.61% annually which is much higher than what banks offer.
  • MP2 (Modified Pag-IBIG Membership Program) – This is another savings program aside from the regular savings. This is for active Pag-IBIG members who’d like to earn bigger savings in five years’ time. You can start with a Php500.00 minimum contribution and increase it eventually for higher a higher yield after five years.

Short-Term Loans

  • Multi-Purpose Loan – This will be a big help if you have emergency needs such as tuition fees, medicines, and additional business funds. You can avail a loan of up 80% of your savings provided that you have been an active member for two years. This is payable in twenty four months. If you want to know how to apply for Pag IBIG multi-purpose loan just read it this link – Pag IBIG Multi Purpose Loan.
  • Calamity Loan Program – This is for victims of calamity stricken areas and also payable in two years and with a low interest rate of 5.95% annually.

Read also: How to Withdraw your Pag-IBIG Funds Contributions

Housing Loan

Members under this financing program may avail of a housing loan of up to Php6M and on a maximum term of thirty years. The interest rate will depend on the pricing set by Pag-IBIG and the payment period chosen by the housing loan applicant. For more details you may read this how to apply Pag IBIG housing loan.

Loyalty Card

This is a membership card which gives rewards and big discounts on certain basic commodities and tuition fees.

Sponsored Links


Please enter your comment!
Please enter your name here