Pag-IBIG is popular here in the Philippines because they provide assistance to their members. They are offering different programs to address the different needs of Pag-IBIG members. One of the most helpful programs they created is the Pag-IBIG Multi-Purpose Loan. This program provides a faster resolution when it comes to emergencies or even basic needs. However, you must be qualified before you can apply for the loan. If you want to know more about Pag-IBIG Multi-Purpose Loan Application, this might help you.
Where can I use my Pag-IBIG Multi-Purpose?
- Small Business Capital
- Home Improvement
- Home Renovations
- Educational Purpose
- Credit Card Bills
- Monthly Bills
- Auto Repair
- Purchase Electronic Gadget
- Purchase Appliances and Furniture
- Travel Purposes
- Special Events
Eligibility Requirements:
- 24 months membership savings
- 1 month saving prior to the date of loan application
- Pag-IBIG account must not be default
- Proof of income must be submitted
How much is the Interest Rate of Pag-IBIG Multi-Purpose Loan:
Every member who wanted to apply for a Pag-IBIG Multi-Purpose Loan will have the chance to get at least 80% of the Total Accumulated Value. However, if the applicant have an existing loan, the loan amount will change. Every annum they need to pay 10.5% interest.
Here’s How to Apply:
- Download the Application Form
- Fill up the form
- Go to the nearest Pag-IBIG office
- Submit the form associated with the following requirements
- Photocopy of 2 valid IDs
- Proof of income
- Employee:
- Authenticated one-month payslip
- Self-Employed:
- Business Permit
- Proof of Income
- Wait for the result of your Pag-IBIG Multi-Purpose Loan Application
For more information, you may contact Pag-IBIG customer service using this hotline: 8-724-424 or email them at email [email protected]
READ:
Ways On How To Check Pag-IBIG Contribution
Requirements Needed for Pag-IBIG Salary Loan Application
Guide on How To Claim Your Pag-IBIG Contributions
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