Guide on Pag-IBIG Contribution Table 2024 based on Income
PAG-IBIG CONTRIBUTION TABLE 2024 – Here is a guide for the voluntary members of the Pag-IBIG Fund on the monthly premium.
While the member populace of the Pag-IBIG Fund is mostly composed of locally-employed individuals and self-employed individuals, the government agency has also opened its doors for those who want to make voluntary memberships to the Fund.
The Pag-IBIG Fund has been in the service of the Filipino people for decades now. It has millions of members across the nation as well as some members abroad. To maintain an active and updated membership to the Fund, a member must regularly post a monthly contribution or savings to his/her account.
The Pag-IBIG Contribution Table 2024 depends on the nature of membership and employment of the member. As mentioned, the Fund is open for voluntary memberships.
One of the wise moves at the start of the year is checking the monthly contribution rates or premium set by the Pag-IBIG Fund for the current year. It is the way to ensure that you have posted the right monthly contribution to keep your account updated.
Here is the Pag-IBIG Contribution Table 2024 for the voluntary members of the government institution for this year:
| Monthly Income | Contribution Rate |
| at least Php 1,000 to Php 1,500 | 1% |
| Php 1,500 to Php 4,999.99 | 2% |
| Php 5,000 and above | 3% |
For members with updated accounts, there are several beneficial loan offers that they may be eligible to apply for. Here are their features including the purposes they serve and the eligibility criteria:
Pag-IBIG Housing Loan
This loan offer of the Pag-IBIG Fund is undeniably its most popular loan. The loanable amounts under the Pag-IBIG Housing Loan may vary but it has set a huge cap with regards to the maximum borrowing limit. Here are the qualifications for application:
- active Pag-IBIG Fund member with least 24 months savings
- not more than 65 years old at the date of loan application and is not more than 70 years old at the date of loan maturity
- no Pag-IBIG housing loan foreclosed, cancelled, bought back, or voluntarily surrendered
- legal capacity to acquire and encumber real property
- If with existing Pag-IBIG Housing account or Short Term Loan (STL), payments must be updated
Pag-IBIG Multi-Purpose Loan
This is the Pag-IBIG cash loan offer which can serve several purposes under one loan. It was designed to help meet the short-term financial needs of members. The loanable amounts under the Pag-IBIG cash loan offer varies but here are the qualifications for application:
- 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
Pag-IBIG Calamity Loan
The Fund also offers a Calamity Loan offer. The Pag-IBIG Calamity Loan loanable amount vary and here are the eligibility requirements set for qualification to the loan offer:
- a minimum of twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings
- 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
- has proof of income
- If with an existing Pag-IBIG Housing Loan, Multi-Purpose Loan and/or Calamity Loan, the account/s must not be in default