Pag-IBIG Savings and Loans Benefit

The Pag-IBIG Savings and Loans

A savings is excess money not spent rather stored for future use, security or gain return in terms of interest.
Pag-IBIG Savings and loansPag-IBIG, Pag-IBIG, Pag-IBIG! Some people may not fully understand the purpose of Pag-IBIG Fund and 100+ monthly contributions deducted from our salaries; it’s actually one of the very helpful gov’t agencies and programs same with the SSS and Philhealth regarding every member’s security. As the Pag-IBIG Fund stands for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno, the agency’s vision is for every Filipino to save more and provide affordable housing.

The Pag-IBIG Savings refers to members monthly contributions deducted from monthly salaries but as the Agency’s new Program, members may Save More to qualify for Higher Loan Amounts and Bigger Dividends Earnings.

This Save More at Pag-IBIG program is very interesting as this encourages members to save more for their future security while earning a good 4% return.

Here is a sample Table of Monthly Contributions and Savings Earnings.

Bigger savings with Pag-IBIG means that your maximum loanable amount is higher. 

1. The Multi-Purpose Loan (MPL) Program aims to address the member’s immediate financial needs. The loan amount is based on the member-borrower’s total savings and length of membership with Pag-IBIG.*

2. The Calamity Loan Program is open to members whose place of residence has been placed under a state of calamity after a natural disaster. The loan amount is 80% of the member-borrower’s total savings with Pag-IBIG.*

* While the loan amount of the MPL will not be deducted from the Calamity loan and vice versa, the combined loan amount under both programs should not exceed 80% of the member’s total savings.

3. The Housing Loan Program is a financial assistance for the purchase or construction of a residential unit. The maximum loan amount is P6 million. The member-borrower’s monthly savings with Pag-IBIG, together with his gross monthly income, the appraised value of the property, and his actual need, shall be considered when computing his approved loan value.

Here’s how to increase your monthly savings: 

1. For employed members, just inform your HR officer that you want to pay more than the minimum savings of P100 per month. Your HR may require you to sign a form pertaining to the increased monthly savings.

2. For individual payors, like professionals, other OFW-members, businessmen, etc., just pay the higher monthly savings to Pag-IBIG. No need to fill out any form. Your increased savings will automatically be credited to your total savings.

Where to pay:

1. For employed members who pay their savings to Pag-IBIG thru salary deduction, their employers may remit their savings thru any of Pag-IBIG’s accredited collecting banks or over- the -counter at the nearest Pag-IBIG branch office.

Employers may remit their employees membership savings at the following accredited collecting agents:

- Union Bank (Pag-IBIG Hub)
- BPI (BPI ExpressLink)
- LANDBANK (wePayAccess)
- BancNet (Pag-IBIG Net)**
- Security Bank (Pag-IBIG Real Time Facility)**
       **By 3rd quarter 2013

Note: Payment through these facilities requires enrollment. 

2. Individual payors may pay their savings using the following facilities: 

- VISA or MasterCard credit cards
- Globe GCash
- Bayad Center outlets
- SM Business Centers, Save More and SM Hypermart
- Over-the-counter at the nearest Pag-IBIG branch office.

For more information pls visit Pag-IBIG main site:, you may also call our 24/7 hotline number 724-4244 or email Pag-IBIG Fund at

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About the Author


Realtor & Webmaster

Good day! I'm Jerome, your friendly Real Estate Broker with PRC License 0012399 and HLURB registration. Just sharing simple tips, please share if you find it useful! Thanks!

1 (mga) puna:

  1. Hello Sir Jerome!

    I have to say, this is a very helpful and detailed guide on Pagibig financing and membership :)

    Anyway, the reason why I’m contacting you today is to represent the Real Estate Network. We’re a real estate listing startup and we’re hoping to create a platform where professional and honest real estate transactions take place (not like other free listings in which anyone can post/misrepresent a property).

    We’re currently looking for partner organizations (brokerage firms/realty boards) to test our first release and help shape our listing services. We’d like to have your feedback to better protect the interest of both the buyers and the sellers of real estate properties in exchange we’re giving free early bird membership.

    You can drop me an email at or you can simply confirm permission to contact you via the contact info listed on this site. We’re hoping to shape the real estate industry for the better (of course in our own little way) and you can help us in doing so :)


    JL Ramos


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