How Much Is The Loanable Amount In Pag Ibig Multi Purpose Loan?

What is short term loan in Pag ibig?

Pag ibig Short Term Loans Pag-IBIG Fund’s Short-term loan programs are meant to provide assistance to its members, provided they are active and have made at least 24 monthly contributions.

What Are Short-Term Loans Available For The Members?.

Can I borrow money from Pag ibig?

Your Monthly Savings or contributions is not a basis for your approved loanable amount for Pag-IBIG Housing Loan. … If you’re approved for these short-term loans, you can borrow up to 80% of your total accumulated savings in Pag-IBIG. The higher the amount of your monthly savings, the higher the amount you can borrow.

How much is the monthly contribution of Pag ibig?

How much is the Pag-IBIG monthly contribution? The monthly premium for a person’s Pag-IBIG membership will be based on the individual’s monthly income. Formally employed individuals will be paying the entirety of the monthly contribution. The minimum contribution is ₱ 200 while the maximum is ₱ 2,950.

How can I check my pag ibig loan payment online?

[1] Visit PAG-IBIG Fund Services. While there is no more footer link to the service, you can proceed right away to and click Housing Loan Payment Verification among the available online services. [2] Log in with Your Name and Housing Loan Number.

How can I calculate my pag ibig loan amount?

How to Compute Pag-IBIG Salary Loan Amount. Calculations are made according to the individual’s membership term multiplied by his/her monthly contribution. From there, a 60% loan factor is applied. The amount you can loan rises as your monthly contributions increase, and so does the loan factor.

How can I check my pag ibig multi purpose loan balance?

You can call Pag-IBIG’s 24/7 hotline at 724-4244 or email the agency at If you want to do it online, you can contact Pag-IBIG’s chat support or leave a message on Pag-IBIG’s Facebook page. Finally, you can go to your nearest Pag-IBIG branch to verify your contributions.

When can I withdraw my Pag Ibig contribution?

You may withdraw your Pag-IBIG Regular Savings should any of the following occur: Membership maturity after 20 years, equivalent to 240 monthly contributions. Retirement at age 60 (optional) or 65 (mandatory) Separation from service due to health reasons.

How do you know if your pag ibig loan is approved?

Loan Status Verification. Virtual Pag-IBIG. For questions or to follow-up on your loan application, please call (02)8724-4244 or chat us by clicking on the icon found at the bottom right of your screen.

How much is salary loan in Pag ibig?

How much can you loan? You can loan 60% – 80% of your total accumulated value. The amount that you can loan from Pag-IBIG depends on several factors, like your preferred loan amount and capacity to pay.

How much is the maximum loan in Pag ibig?

A qualified Pag-IBIG member shall be allowed to borrow an amount up to a maximum of Six Million Pesos (Php 6,000,000.00), which shall be based on the lowest of the following: The Member’s Actual Need, His Loan Entitlement Based On Capacity To Pay, The Loan-To-Appraisal Value Ratio.

How much is the penalty for Pag ibig loan?

Penalties A penalty of 1/20 of 1% of any unpaid amount shall be charged to the borrower for every day of delay.

How do I check my loan balance?

A person can check the loan status by calling the customer care numbers for any financial queries including Personal loan. You can also directly go to the branch you apply at to meet the officer in charge to know the status of your personal loan application.

How can I check my PAG IBIG contribution online?

Pag-IBIG members can verify their paid contributions via different channels:24/7 hotline: 724-4244.Email: Fund Facebook page: inquiry at the nearest Pag-IBIG branch.

How can I get PAG IBIG Multi Purpose salary loan?

Pag-IBIG Salary Loan RequirementsPhotocopies of two photo and signature-bearing IDs (Related: 4 Government IDs That Are Very Easy to Apply For)Latest payslips equivalent to one month’s salary.Duly accomplished Pag-IBIG Multi-Purpose Loan Application form.Access to the following employer information: