PAG-IBIG FUND MEMBERSHIP and

BENEFITS

VICTORIA B DELA PENAVice President for Visyasa

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

Who are mandatorily covered? (R.A. 9679)

All gainfully employed Filipino (all SSS and GSIS members)

Household helpers

Overseas Filipino Workers

Uniformed Personnel

Self-employed individuals which includes:

Practicing professionals

Businessmen and Entrepreneurs

Job Order (Piecemeal) workers

Farmers and Fisherfolks

Workers in the Informal Sector

And other individuals earning at least P1,000 a month whether from trade, business or profession

CONTRIBUTION RATE

Monthly Compensation

Contribution Rate

EE share ER share

P 1,500 and below 1%2%

Over P 1,500 2%Self-employed members shall cover both the employee and employer share or P200/month

When can I enjoy my savings?•Maturity- 20 YEARS

- 10 YEARS (optional)RA7742- 15 YEARS (optional)RA9679

•Retirement- 60 yrs of age (optional)

- 65 yrs of age (mandatory)

- 45 yrs of age w/ company ERP

When can I enjoy my savings?

•Total Disability/ Insanity

•Separation from service due to health reason

•Permanent departure from the country

•Death

LOAN PRIVILEGES

Short Term Loan (Multi - Purpose Loan and Calamity Loan)

Expanded Housing Loan Program

MULTI – PURPOSE LOAN

Loan amount up to 80% of TAV

FAST and EASY! 1-3 days releasing

Low interest rate at less than 1%/month

MULTI – PURPOSE LOAN

Payable within 2 years

Reloan period of after 6 months only

Earn rebates on advanced payments

EXPANDED HOUSING LOAN PROGRAM

Pag-IBIG offers the Best Housing 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

LOAN PURPOSES:

Lot Purchase

Purchase of Residential Unit

House Construction or

Completion

Lot Purchase with House

Construction

Home Improvement

Refinancing

LOAN PURPOSES:

Lot Purchase

Purchase of Residential Unit

House Construction or

Completion

Lot Purchase with House

Construction

Home Improvement

Refinancing

Eligibility…An active member with 24 monthly

contributions

Not more than 65 years old

Filipino citizen and of legal age

Must pass background/credit

investigation

Updated MPL payments

No existing HL (either as principal or

co-borrower)

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

- THANK YOU -