Pag-IBIG Cash Loan 2024 — How To Apply for the Multi-Purpose Offer

Steps on How To Apply for Pag-IBIG Cash Loan 2024 Offer for Members

PAG-IBIG CASH LOAN 2024 – You can check the details below on how to apply for the multi-purpose loan offer of the Pag-IBIG Fund.

Have you heard about the multi-purpose cash loan offer of the Pag-IBIG Fund? It is a financial solution that you can turn to to solve multiple cash needs.

Millions of Filipinos are Pag-IBIG Fund members. Its member populace includes locally-employed and self-employed individuals as well as overseas Filipino workers (OFWs). There are several Pag-IBIG loans for members with having its own set of requirements.

Under the Pag-IBIG cash laon 2024, you may apply for the offer to finance any of the following purposes:

• Medical expenses;
• Minor home improvement;
• Capital for a small business;
• Tuition fee and other education-related expenses;
• Purchase of furniture, appliances or electronic gadgets;
• Payment of utility and credit card bills;
• Vacation and travel;
• Special events;
• Car repair; or
• Other needs

With regards to the amount that a member may borrow under the offer, there is no fixed amount as the Pag-IBIG cash loan loanable amounts vary depending on the regular savings of the member. The loan is payable for up to three (3) years.

How much is the interest implemented by the Fund under the offer? The Fund has posted the interest rate under the Pag-IBIG cash loan and it cited the benefit that part of the interests earned by the office from loans returns to the members as dividends.

Here are the steps on how to apply for the Pag-IBIG cash loan 2024:

Step 1 — Know the Qualifications.

• has posted at least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings program
• with active membership, by having at least one (1) monthly membership savings within the last six (6) months prior to the date of loan application
• if with an existing Pag-IBIG Housing Loan, MPL and/or Calamity Loan, the account/s must not be in default
• has a source of income

Step 2 — Prepare the Documents.

Gather the requirements for the Pag-IBIG cash loan application. Prepare even the original copies of the documents that are deemed to be submitted in photocopies.

Step 3 — Submit the Requirements.

Go to a branch of the Pag-IBIG Fund and submit your documents for application. The staff will evaluate the completeness of your documents so the loan can be processed.