Skip to content

Benefits You Didn’t Know You Have as a Pag-IBIG Fund Member

Get a Multi-Purpose Loan

Every qualified Pag-IBIG Fund member can avail a Multi-Purpose Loan, not just for home improvement or renovation purposes but also for other expenses. This includes car repairs, vacation, payment for utility bills, purchase of furniture or electronic gadgets, educational expense, small business capitals and even for your health and wellness.

Pag-IBIG FUND office

Pag-IBIG office via

Pag IBIG is also open to giving loans for other needs, all the member has to do is to comply with their eligibility requirements:

1. Member has to have a total savings of 4,800 pesos or at least 24 months of membership savings monthly.
2. Member has made at least one membership savings in the last 6 months.
3. If a Pag-IBIG housing loan exists, the account must be in default
4. If a calamity loan exists, the account must not be in default either

Get a Housing Loan

Unlike some banks that are very strict in providing loans for Filipino workers, Pag IBIG Fund actually has great programs, especially for minimum wage earners. Each Filipino can loan up at least 450,000 pesos and will only pay as little as 1,897 pesos each month. They offer programs for up to 30 years so it can really help every Filipino family have their own place they call home.

Pag-IBIG Savings Program

If you like “paluwagan” or investing for your future, I recommend trying the Pag-IBIG Savings program. Qualified members who take advantage of this program will be given access to their Short-Term Loans or STL which is useful when there are emergencies.

The monthly savings with Pag-IBIG is only 100 pesos a month but can be increased if you like. The member can then withdraw all her savings after 20 years or 240 monthly contributions. However, in case of urgency, the member can also withdraw it for the following reasons:

– Retirement at the age of 60
-Termination due to health reasons
-Permanent departure from the Philippines
– Disability or insanity
-Death (to be claimed by legal hairs0

Pag-IBIG II (MP2) Program

Another voluntary savings program by Pag-IBIG is the MP2 Program that guarantees the member an interest for all their savings and a shorter maturity period. For example, a monthly 500 contribution can get the member 34,484.17 after 5 years while a 5,000 contribution will get the member a total of 344,841.65 after 5 years. That is a total of 4,484.17 to 44,841.65 earnings in 5 years for doing nothing.

Also Read: Where to Find Work at Home Jobs in Philippines

Calamity Loans

When calamity strikes, Pag-IBIG members can avail up to 80% of their total accumulated value through their calamity loan programs. The best thing about this loan is that it can be amortized for 24 months and gives a 3 month grace period. All you need to do is bring all their required documents and you can apply to any Pag-IBIG office nationwide.

Refinancing of an Existing Mortgage

Yes, Pag-IBIG can refinance an existing mortgage to every Pag-IBIG member as long as the loan is not in default in the last 12 months. The member also must have a repayment history of 24 months or 2 years with the original mortgagee.

Try the Pag-IBIG Fund Home Matching Program

If you are looking for a house but don’t know where to start. Pag-IBIG can easily assist you in finding the perfect home for the right budget. All you need to do is check their home matching program website and input your preferred location or price. From there, you can check if you are eligible for a loan.

Buying Foreclosed Properties or Acquired Assets

If you’re really on a budget, I recommend you check Pag-IBIG’s acquired assets. Some of the houses are still new or need little renovation at a very cheap price. All you need to do is know the schedule of public auction in branches near you.

Kasambahay Unified Registration

If you have household employees that you want to register in Pag-IBIG’s program, you can avail the Kasambahay Unified Registration that unifies all the three social security agency Pag-IBIG, PhilHealth and SSS in one simple registration. Just visit this site to register.

Also Read: How to Get a 10 Year Valid Driver’s License in the Philippines


  1. To Pag ibig
    I’ve retired 1 year ago from Dep Ed reg. 6.I cant get my benefits because of d rec 6 migration. All questions were never answered because of dep ed R6 migration.When can I get answers to my query then? I hope Dep Ed reg. 6 through this can send their answer. Thank you.

Leave a Comment

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: