8/13/2019 Updates on Pag-ibig
1/17
8/13/2019 Updates on Pag-ibig
2/17
What is Pag-IBIG Fund?
A savings program with
tax-free dividend earnings
An opportunity to save
for the future
An opportunity to be a
future homeowner
8/13/2019 Updates on Pag-ibig
3/17
Who are mandatorily
covered? (R.A. 9679)
Al l gainful ly employed Fi lip ino
(al l SSS and GSIS members)
Household helpers
Overseas Fil ip ino Workers
Uniformed Personnel
8/13/2019 Updates on Pag-ibig
4/17
8/13/2019 Updates on Pag-ibig
5/17
CONTRIBUTION RATE
Monthly
CompensationContribution Rate
EE share ER shareP 1,500 and below 1%
2%Over P 1,500 2%
Self-emplo yed members shal l cover both the
emp loyee and emplo yer share or P200/month
8/13/2019 Updates on Pag-ibig
6/17
When can I enjoy my
savings?Maturity
-20 YEARS
- 10 YEARS (opt ional)RA7742
-15 YEARS (op tional)RA9679
Retirement
-60 yrs of age (op tion al)
-65 yrs of age (mandato ry)
-45 yrs o f age w/ company ERP
8/13/2019 Updates on Pag-ibig
7/17
When can I enjoy my
savings?Total Disability/ Insanity
Separation from servicedue to health reason
Permanent departure
from the country
Death
8/13/2019 Updates on Pag-ibig
8/17
LOAN PRIVILEGES
Short Term Loan (Mult i - Purpose Loan
and Calam ity Loan)
Expanded Housing LoanProgram
8/13/2019 Updates on Pag-ibig
9/17
MULTIPURPOSE LOAN
Loan amount up to 80%
of TAV
FAST and EASY!
1-3 days releasing
Low interest rate at
less than 1%/month
8/13/2019 Updates on Pag-ibig
10/17
MULTIPURPOSE LOAN
Payable within 2 years
Reloan period ofafter 6 months only
Earn rebates onadvanced payments
8/13/2019 Updates on Pag-ibig
11/17
EXPANDED HOUSING LOAN
PROGRAM
8/13/2019 Updates on Pag-ibig
12/17
Pag IBIG o ffers the BestHousing Loan packages
Lowest Interest Rate at
6% per annum
Highest Loan to Collateral
Ratio at 100%
Longest Loan Term at 30 years
Loan Amount of up to P3 Million
8/13/2019 Updates on Pag-ibig
13/17
LOAN PURPOSES:
Lot Purchase
Purchase of Residential Unit
House Construction orCompletion
Lot Purchase with House
Construction
Home Improvement
Refinancing
8/13/2019 Updates on Pag-ibig
14/17
LOAN PURPOSES:
Lot Purchase
Purchase of Residential Unit
House Construction orCompletion
Lot Purchase with House
Construction
Home Improvement
Refinancing
8/13/2019 Updates on Pag-ibig
15/17
Eligibility
An active member with 24 monthlycontributions
Not more than 65 years old
Filipino citizen and of legal age
Must pass background/credit
investigationUpdated MPL payments
No existing HL (either as principal or
co-borrower)
8/13/2019 Updates on Pag-ibig
16/17
MODIFIED Pag-IBIG Fund II
(MP2) Membership Program
Voluntary upon all Pag-IBIG I members whose
gross monthly income exceeds five thousand
pesos (Php 5,000.00)
Contribution is minimum of five
hundred pesos (Php 500.00) per month
Five (05) years membership term
Solely a savings scheme
8/13/2019 Updates on Pag-ibig
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- THANK YOU -