Guide on Pag-IBIG Monthly Contribution 2024 for Members
PAG-IBIG MONTHLY CONTRIBUTION 2024 – Here is a guide on the rates set by the Fund for member contributions.
Millions of Filipinos are Pag-IBIG Fund members. Many of these individuals are locally-employed individuals in the public and private sectors as a Pag-IBIG membership is mandated for workers. A lot of self-employed Filipinos are also on the pursuit of maintaining an active membership to the Fund.
To maintain an updated membership to the Fund, a member must regularly post monthly contributions. An updated account may qualify the member to the offers and services of the government institution.
With regards to the monthly contributions, the rate varies depending on the employment status or the source of income of the member. The Pag-IBIG monthly contribution rates may vary among the locally-employed individuals, self-employed individuals, overseas Filipino workers (OFWs), and voluntary workers which you may check below.
If you are a Fund member, it is best to check the Pag-IBIG monthly contribution rates from time to time most especially at the start of the year to ensure that you are paying the right amount. Here is a guide:
The Fund members who maintain an active account may qualify to the loans provided by government institution. Its loans attend to the pursuit of residential property acquisition, calamity situations, and short-term financial needs.
- Pag-IBIG Housing Loan. The Fund’s most popular loan offer is the Housing Loan that can finance the acquisition of residential properties, house construction, home renovation, and home loan take-out. It also accepts the financing of a combination of loan purposes.
- Pag-IBIG Multi-Purpose Loan. The multi-purpose cash loan offer of the government institution intends to help meet the short-term financial needs of the qualified members.
- Pag-IBIG Calamity Loan. In times of natural disasters, qualified members of the Fund may turn to this loan offer to obtain an amount that can help in their recovery from the impacts of the calamity.