Borrow Pag-IBIG Cash Loan: Here’s the Loanable Amount Based on your Contributions

Do you want to borrow under Pag-IBIG Cash Loan offer for Eligible Members?

BORROW PAG-IBIG CASH LOAN – Here is a guide on the loanable amount under this loan offer based on your contributions.

Many Filipinos are members of the Pag-IBIG Fund, a government agency which is one of those that have assistance offers for its members for different purposes. Truth be told that it is mainly known for its housing loan offer.

If you are a Pag-IBIG member, you may turn to the government institution to apply for a housing loan to fund your residential property acquisition, house construction, home renovation, or even home loan take-out from another entity. Meanwhile, it is not the only offer of the state-run agency – it also has a multi-purpose cash loan offer for eligible members.

The Pag-IBIG Fund Multi-Purpose Loan offer, also called MPL, was crafted to help members with regards to their short-term needs. It is open for members who have posted at least 24 monthly savings in their accounts. How much you may borrow under this Pag-IBIG Cash Loan offer?

The amounts that you may borrow under the Pag-IBIG Cash Loan may actually vary on a case-to-case basis. It depends on a member-borrower’s total Regular Pag-IBIG Savings. According to the government agency, you may borrow up to 80% of your savings. Thus, for example, if you have a total of P10,000 in your savings, you can borrow up to P8,000.00.

How to apply for the loan offer? For a guide on the application process, feel free to visit – Application Pag-IBIG Cash Loan: How To Apply & the Requirements.

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