Guide on How Much You Can Borrow Under the Pag-IBIG Fund Cash Loan
PAG-IBIG FUND CASH LOAN – Here is a guide on how much you can borrow under the Pag-IBIG Fund’s Multi-Purpose Loan.
The Pag-IBIG Fund is one of the government agencies that you can turn to if you are in need of some cash. Whether you are into making ends meet or achieving a longtime goal, the government agency may be ready to assist you.
The cash loan offer of Pag-IBIG is multi-purpose. You may apply for it to pay for the utility bills, to travel, to renovate your house, for your car repair, to pay for the tuition fees, etc.
One of the best features of the Pag-IBIG Fund Cash Loan is the loan interest rate. Members of the government agency are under a 10.5% annual interest rate.
Also, a part of the interest obtained by Pag-IBIG Fund from the borrowers will be returned to the members through dividends. Who are eligible to apply for the said loan offer?
To be eligible for this offer, the member-applicant must:
- have posted at least twenty-four (24) monthly savings
- be able to present sufficient proof of income
How much you can borrow under the Pag-IBIG Fund Cash Loan?
According to Pag-IBIG, a member-applicant may borrow up to 80% of his or her savings under the Pag-IBIG Cash Loan. You may be eligible to apply for it even if you have other existing loans provided that you have updated payments with your other loans.
Are you interested to apply for this loan offer? You may visit – PAG-IBIG SALARY LOAN – How To Apply & Requirements To Prepare.
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You may also visit – Pag-IBIG Cash Salary Loan – How To Compute the Amount You May Borrow.