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November 21, 2017

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Pag ibig Short Term Loans

What Are The Pag ibig Short Term Loans?

Pag-IBIG Fund’s Short-term loan programs are meant to provide assistance to its members, provided they are active and have made at least 24 monthly contributions.

What Are Short-Term Loans Available For The Members?

There are two (2) short-term loan programs that a member may avail of when the need arises.

1. The Multi-Purpose Loan Program (MPL) -  was designed to help finance members’ immediate medical, educational or livelihood needs; minor home improvement, purchase of appliance and furniture, and other related needs.

2. The Calamity Loan Program -  is extended to members who have been affected by a recent calamity, as proven by a declaration of calamity in their area of residence.

Sources:

http://www.pagibigfund.gov.ph/benprompl.aspx