Guide on Pag-IBIG Contribution Table 2024 based on Income
PAG-IBIG CONTRIBUTION TABLE 2024 – Here is a guide for the monthly premium set for the non-working spouse of the Pag-IBIG Fund member.
Undeniably, in the Philippines, there are a lot of women who focus in taking care of the households — but this does not mean they work less. In fact, being a wife and a mother is a job that has no salary, no dayoff, and bears a 24/7 willingness to attend to the needs of all the other members of the family. Thus, several state entities open their membership to non-working spouses of their members.
One of the government entities that has opened its doors for the non-working spouses of its members is the Pag-IBIG Fund. It has been in the service of the Filipino people for decades already. To maintain active and update account that can qualify a member to the Pag-IBIG loans, he/she must regularly post a monthly contribution or saving.
The monthly contribution rates vary depending on the membership type and the income of the member in a month. Thus, there are several variations of the Pag-IBIG Contribution Table 2024.
In the case of the non-working spouses of the Fund members, here is the Pag-IBIG Contribution Table 2024:
| Fifty Percent (50%) of the Working Spouse’s Monthly Compensation | Non-Working Spouse’s Monthly Contribution |
| Php 1,500 and below | 1% |
| over Php 1,500 | 2% |
The Fund has several loan offers for its members. Here is a list of the options that members may turn as well as some details about the offer including the qualifications for application:
Pag-IBIG Housing Loan
If you are a Pag-IBIG member who wants to acquire a residential property under a loan offer, construct a house, or renovate your home, you may turn to the Housing Loan offer. The loanable amounts under the Pag-IBIG Housing Loan vary based on certain considerations.
The offer is also open to finance a home loan take-out as well as combined loan purposes. 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
Also called the MPL, the Multi-Purpose Loan is the Pag-IBIG cash loan that members can turn to for short-term financial needs. The loanable amounts under the Pag-IBIG cash loan is dependent on the savings of the member. 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
When a typhoon, earthquake, tsunami, etc. has struck your place, you may turn to the Calamity Loan offer of the Fund. The Pag-IBIG Calamity Loan loanable amount depends on your savings but here is a fixed list of the eligibility requirements for application:
- 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