Guide on Pag-IBIG Cash Loan Amount Allowed for Borrowing
PAG-IBIG CASH LOAN AMOUNT 2025 – Here is a guide on how much you may borrow under the Multi-Purpose Loan offer of the Pag-IBIG Fund.
Are you one of the members of the Pag-IBIG Fund? There are millions of Filipinos across the nation who are members of the Fund. A membership to it is mandatory among the government employees and the individuals who are working in the private sector.
While the Pag-IBIG Fund membership will take a cut from your monthly income as you need to pay for the monthly contribution to maintain an updated account, doing so is an excellent preparation not only for the future but as well as for the unforeseen circumstances.
The Pag-IBIG Fund offers several loans that members may apply for to address different financial needs. One of the loan offers is the Multi-Purpose Loan or also called the MPL. A member may qualify for it to finance any of the following:
- 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
The Multi-Purpose Loan offer of the Fund is open for members who are in active membership by having at least one (1) monthly membership savings within the last six (6) months prior to the date of loan application and with at least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings program.
To qualify for the loan offer, the member must have no Pag-IBIG Housing Loan, MPL and/or Calamity Loan in default and must have a reliable source of income
How much is the Pag-IBIG cash loan amount allowed for borrowing? According to the Fund, a member-borrower may get up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned.
For example, if you have a total contribution of Php 10,000 to the Fund, the Pag-IBIG cash loan amount allowed for borrowing is up to Php 8,000 which is 80% of the total contributions posted by the member.
In case the member-borrower has an existing Pag-IBIG Calamity Loan, the loan proceed will be the difference between the approved amount and the calamity loan balance. You may apply for a loan renewal “after paying an amount equal to at least six (6) monthly amortizations and upon satisfying the eligibility requirements”.
According to the Fund, the outstanding balance of your existing loan will be deducted from your new loan’s loan proceeds. The requirements for application depend if you are a local employee, a self-employed individual, or an overseas Filipino Worker (OFW).