Guide on Planned Pag-IBIG Monthly Contribution Increase But May Be Postponed
PAG-IBIG MONTHLY CONTRIBUTION – Here is a guide on the amount of the planned increase on the member’s monthly savings to Pag-IBIG Fund.
Memberships to the different government agencies like the Pag-IBIG Fund are really beneficial. In times of emergencies, you will have something to turn to.
Pag-IBIG got different offers to its members. It got benefits and loans that can help you most especially in times of financial emergency.
If you are living in a community declared under a state of calamity, you may be eligible to apply for the Pag-IBIG Calamity Loan to assist you in coping with the loss or damages to your structures or source of livinge.
The Pag-IBIG Fund is mainly known for its housing loan offers. It aims to provide assistance to members in attaining affordable housing options through a loan.
The housing loan is what the government agency is widely known for but it has several other offers to its members now. For members to qualify in applying for these benefits and loans, they must have an updated account and accumulated monthly savings.
Each benefit and loan in Pag-IBIG Fund has a set of eligibility requirements that contain the required number of monthly savings for a member to qualify for application.
Currently, the Pag-IBIG monthly contribution is at P100.00. There is a decade-long plan to increase the said monthly contribution that members remit to the government agency.
The planned increase on the Pag-IBIG monthly contribution is P50.00. Due to the COVID-19 crisis in the Philippines now, the increase that is supposedly set to start in January 2021 may be postponed depending on the discussion of the officials.
More updates may be posted soon. Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: Apply Pag-IBIG Loan Online – How To Apply for Pag-IBIG Loan Online
Pedi pa po ba mgcalamity loan?