How Much Is the Pag-IBIG Cash Loan Amount 2026 Members May Borrow?
PAG-IBIG MULTI-PURPOSE LOAN AMOUNT 2026 – You can check here the borrowing amounts under the MPL offer for qualified members.
Countless Filipinos are members of the Pag-IBIG Fund. This loan-providing entity has helped countless Filipinos achieve their dream house. Meanwhile, aside from the Pag-IBIG Housing Loan which the state entity is most popular of, it also got a cash loan offer that attends to different purposes.
The cash loan offer of the Fund is the Pag-IBIG Multi-Purpose Loan or also called MPL. It aims to support the Pag-IBIG members in addressing their immediate financial needs. Below, you can check some of the purposes that it may serve.
Pag-IBIG Fund members may apply for the loan offer for any of the following purposes:
- medical expenses;
- capital for a small business;
- minor home improvement;
- purchase of furniture, appliances or electronic gadgets;
- tuition fee and other education-related expenses;
- car repair; or
- payment of utility and credit card bills;
- vacation and travel;
- special events;
- other needs
The Pag-IBIG Multi-Purpose Loan is available to members who have active accounts, or to those who have made at least one monthly contribution within the six months before applying. Moreover, applicants must have a minimum of twenty-four monthly contributions under the Pag-IBIG Regular Savings program.
Even members with existing Pag-IBIG Housing, Multi-Purpose, or Calamity Loans may still access and avail the loan offer provided these accounts are not in default. Loan applicants must also demonstrate a stable source of income.
With regards to the Pag-IBIG Multi-Purpose Loan, there is no set minimum amount that members can borrow. However, the Fund has set a maximum limit — qualified members may borrow up to 80% of their total Pag-IBIG Regular Savings.
The Pag-IBIG Regular Savings is composed of the following:
- member’s monthly contributions
- member’s employer’s contributions
- accumulated dividends earned by the above-mentioned contributions
Just an example, if you have a total Pag-IBIG Regula Savings of Php 30,000, the Pag-IBIG Multi-Purpose Loan amount allowed for borrowing is up to Php 24,000 which is 80% of the total contributions posted by the member.
The Pag-IBIG Fund stated that if the member has an existing Pag-IBIG Calamity Loan, any outstanding balance will be deducted from the amount available under the MPL. Members may also renew their loan, provided they meet the requirements which is having paid an amount equal to at least six (6) monthly amortizations and upon satisfying the eligibility requirements.
Do you want to check on the Pag-IBIG Multi-Purpose Loan interest rate for 2026 before applying to the loan offer?