Personal Development, Finance, and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
The Pag-IBIG Multi-Purpose Loan (MPL) is a cash loan designed to assist you with your immediate financial needs.
How do I qualify?
You must satisfy the following requirements to qualify for the loan:
How much can I borrow?
You may borrow an amount equivalent to up to 80% of your Pag-IBIG Regular Savings (MP1).
How do I apply?
You can easily apply for a Pag-IBIG MPL via the following options:
Online, via Virtual Pag-IBIG
(Read my blog post here on how to create an account: Virtual Pag-IBIG: Anytime, Anywhere)
By submitting your duly accomplished loan application form and requirements through your employer or in person, at the Pag-IBIG Fund branch nearest you.
*Available to members with a Pag-IBIG Loyalty Card Plus or cash cards issued by any of Pag-IBIG Fund's partner banks for such purpose.
**Available to members with a Pag-IBIG Loyalty Card Plus only.
Where can I use my loan?
The Pag-IBIG MPL can be availed by qualified members for use on any of the following purposes:
What is the loan term?
You are given the option to pay your loan over a period of two (2) or three (3) years. As an added benefit, your first monthly payment will start two (2) months after the approval of your loan.
When can I renew my loan?
You may renew your Pag-IBIG MPL after paying an amount equal to at least six (6) monthly amortizations and upon satisfying the eligibility requirements stated in the prevailing guidelines of the program.
To learn more, contact Pag-IBIG Fund through these channels:
Telephone: (+632) 8724-4244
Chat via website: www.pagibigfund.gov.ph
Facebook Page: facebook.com/PagIBIGFundOfficialPage
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.