6/09/2016

How Much Can I Borrow from Pag-ibig Multi-Purpose Loan Program?


Pag-ibig Multipurpose Loan Amount or Pag-ibig Salary Loan Amount


Your Pag-ibig Loan Amount depends on your total savings with Pag-ibig.

Your total savings with Pag-ibig is the total of all your monthly contributions and all annual dividends added by Pag-ibig. Your total savings is called  Total Accumulates Values or TAV

If you have paid 24 to 59 contributions, you can borrow up to 60% of your TAV.

If you have paid 60 to 119 contributions, you can borrow up to 70% of your TAV.

If you have paid 120 contributions or more, you can borrow up to 80% of your TAV.

Important:
You should be a currently-paying member.
You should have paid contributions for at least 5 of the 6 months immediately prior to your loan application.

For individual Payors:
You need to attach a document  to prove you have a source of income, like commission receipts, remittance receipts, certificate of source of income by your barangay, etc.
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