Double Your Savings

This is where your monthly savings (contributions) go.

The Pag-IBIG Regular Savings Program is a convenient and government-guaranteed savings facility that gives you high annual dividend earnings. Save more to earn higher dividends.

Read more below to learn more about your Pag-IBIG Fund Regular Savings!

BE A PAG-IBIG MEMBER | CREATE MP2 SAVINGS ACCOUNT

Pag-IBIG Calamity Loan ready for members affected by Typhoon Carina

July 25, 2024 – Pag-IBIG Fund has announced the immediate availability of its Calamity Loan to assist members affected by Typhoon Carina. The typhoon has intensified monsoon rains (habagat), leading to widespread flooding across various regions.

The agency has allocated calamity loan funds to help affected members in Metro Manila, Cainta (Rizal), Baco (Oriental Mindoro), and the Province of Batangas. Additional funds will be released for other areas where State of Calamity may be declared.

“Pag-IBIG Fund is ready to support our Filipino workers with their immediate financial needs through our cash loans. We are closely coordinating with local government units in the hardest-hit areas to ensure that aid reaches those in need promptly, in line with President Ferdinand Marcos, Jr.'s directive to extend all necessary assistance to our fellow Filipinos affected by these calamities,” said Secretary Jose Rizalino L. Acuzar of the Department of Human Settlements and Urban Development and Chairperson of the 11-member Pag-IBIG Fund Board of Trustees.

The Pag-IBIG Calamity Loan is one of the agency’s Short-Term Loan programs designed to provide relief and support to members residing or working in areas declared under a state of calamity. Qualified members can borrow up to 80% of their total Pag-IBIG Regular Savings, which consists of their monthly contributions, their employer’s contributions, and accumulated dividends earned. The loan is offered at a low annual interest rate of only 5.95%, with payment terms of 24 or 36 months, with the first payment deferred for two months.

For members who need financial assistance in areas not declared under a state of calamity, the Pag-IBIG Multi-Purpose Loan is available to help them recover from the aftermath of the typhoon.

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta emphasized the urgency of providing immediate financial support to members affected by the calamity.

“I have already instructed the deployment of our Lingkod Pag-IBIG on Wheels (LPOW) as soon as roads become safe and passable, to ensure that our services become accessible to our members from the affected areas. Through our LPOW, Pag-IBIG members can submit their Calamity Loan applications to finance their immediate needs, file for insurance claims if their homes mortgaged under Pag-IBIG Fund are damaged, or file for a Housing Loan for major home repairs,” Acosta said.

She further added that members may submit their Calamity Loan applications online through the Virtual Pag-IBIG.

“For members with internet access, they may accomplish, scan, and upload their Pag-IBIG Calamity Loan applications even without a Virtual Pag-IBIG account. They may also submit hard copies of all accomplished applications to their company’s accredited Fund Coordinators along with the required documents for processing. And starting Monday (July 29), members whose employers are enrolled with STL online with Employer Interface may also submit their applications via the Virtual Pag-IBIG for Employers, making the process as easy and convenient as possible. Just make sure that you have activated your Virtual Pag-IBIG Account and your Loyalty Card Plus so that we can immediately credit the proceeds of your Calamity Loan. We want to reassure our members that they can count on Pag-IBIG Fund for timely and reliable assistance in their time of need.”

Source: Pag-IBIG Fund

Pag-IBIG OPEN on Saturdays

Bukas kami kahit Sabado!

Some of our branches are OPEN on Saturdays to serve you better! Please see list of branches and schedules below:

Housing Business Centers (Open on August, 17, 24, and 31, 2024; 8AM to 5PM) 

-NCR Housing Business Center in JELP Business Solution Center, Mandaluyong

-Calamba Housing Business Center in Calamba, Laguna

-Pampanga Housing Business Center in San Fernando, Pampanga

Pag-IBIG Branches in Malls (Open every Saturdays, 8 AM to 5 PM)

NCR

Fishermall

Citisquare Malabon

Ayala Malls the 30th (7AM to 5 PM)

Southgate Mall Makati

Ayala Malls Circuit Makati

SM Aura

Lucky China Town Mall

Robinsons Place Las Piñas

Ayala Malls Manila Bay

Antipolo- Robinsons 

Dasma- Robinsons Place

Imus- Robinsons Place

Rosario-SM City Rosario

Luzon

Ilocos Norte - Robinsons Place

Dagupan - BHF Family Plaza

Urdaneta - CB Mall 

Tuguegarao - Robinsons Place

Batangas - Nuciti Central Mall

Calamba - City Mall

Sta. Rosa - Victory Mall

Calapan - Gaisano Capital

Puerto Princesa - NCCC Mall

Naga - Robinsons Place

Visayas

Talisay - Gaisano Capital SRP

Cebu-Colon - Gaisano Capital Southcorner

Mandaue - Parkmall 168

Mactan - Gaisano Mactan Island Convention Center

Tacloban - Robinsons North

Ormoc - Robinsons Place 

San Jose de Buenavista - Robinsons Place

Iloilo-Molo - GT Plaza Mall

Bacolod - Gaisano Grand City Mall

San Carlos - Gaisano Capital

Mindanao

Valencia - Robinsons Place (9 AM to 6 PM)

San Francisco - Gaisano Capital

Iligan - Robinsons Place (9 AM to 6 PM)

Practical Tips to Save Money

Here are some practical tips to help you Save Money:

Budgeting and Planning

01. Create a Budget: Track your income and expenses to see where your money is going. Stick to a budget to avoid overspending.

02. Set Savings Goals: Determine what you're saving for (e.g., emergency fund, vacation, down payment) and set realistic targets.

Reduce Expenses

03. Cut Unnecessary Subscriptions: Cancel subscriptions and memberships you don’t use regularly.

04. Shop with a List: Avoid impulse buying by making a shopping list and sticking to it.

05. Cook at Home: Eating out can be expensive. Plan meals and cook at home to save money.

06. Buy Generic Brands: Opt for generic or store brands instead of name brands to save on groceries and household items.

07. Reduce Energy Usage: Lower your utility bills by turning off lights when not in use, using energy-efficient appliances, and reducing heating and cooling costs.

Smart Shopping

08. Use Coupons and Discounts: Look for coupons, discounts, and deals before making purchases.

09. Buy in Bulk: Purchase non-perishable items in bulk to save money in the long run.

10. Compare Prices: Use price comparison websites and apps to find the best deals.

Financial Management

11. Automate Savings: Set up automatic transfers to your savings account to ensure you save consistently.

12. Use a Savings Account with High Interest: Choose a savings account that offers a higher interest rate to maximize your savings.

13. Avoid Unnecessary Fees: Be mindful of bank fees, late payment fees, and other charges that can add up over time.

Debt Management

14. Pay Off High-Interest Debt: Focus on paying off high-interest debt (like credit cards) to reduce the amount of interest you pay.

15. Consolidate Debt: Consider consolidating your debt to lower your interest rate and simplify payments.

Lifestyle Changes

16. DIY Whenever Possible: Do-it-yourself projects can save money on home repairs, gifts, and other expenses.

17. Limit Entertainment Costs: Look for free or low-cost entertainment options, such as parks, libraries, and community events.

18. Use Public Transportation: Save on gas, parking, and maintenance by using public transportation, carpooling, or biking.

Mindful Spending

19. Wait Before You Buy: Implement a waiting period (e.g., 24 hours) before making non-essential purchases to determine if you really need them.

20. Track Your Progress: Regularly review your budget and savings goals to stay motivated and make adjustments as needed.

BONUS: Freelancing and Consulting

1. Freelance Writing: Write articles, blog posts, or copy for businesses and websites.
2. Graphic Design: Create logos, marketing materials, and digital content for clients.
3. Web Development: Build and maintain websites for small businesses or individuals.
4. Social Media Management: Manage social media accounts and create content for businesses.
5. Consulting: Offer your expertise in areas such as marketing, finance, or business development.

Implementing even a few of these tips can help you save money and improve your financial situation over time.

4PH Pambansang Pabahay borrowers to benefit from program subsidies - DHSUD, Pag-IBIG Fund execs

The Pambansang Pabahay Para sa Pilipino Housing (4PH) Program - the government's flagship housing project provides affordably-priced homes and lower monthly amortization costs through various subsidies for Filipino workers who are members of Pag-IBIG Fund, the Department of Human Settlements and Urban Development (DHSUD) together with Pag-IBIG Fund executives announced last May 1, Labor Day.

"Our housing agenda aims to ensure that all Filipino workers have the means to accessible and affordable housing opportunities. Through the subsidies extended to beneficiaries of the 4PH program, prices of homes and monthly amortization costs will be significantly reduced. This is in line with President Marcos' Philippine Development Plan 2023-2028 to address the country's housing needs.,” said Secretary Jose Rizalino L. Acuzar, who leads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.

Subsidies on Price and Interest

The housing czar said that housing units to be sold under the Pambansang Pabahay (4PH) program will be more economically priced than other residential units in the market in keeping with the price ceiling imposed by the government for affordable housing.

Housing loan borrowers who will avail of units under the Pambansang Pabahay (4PH) program through a Pag-IBIG Housing Loan will enjoy an even lower interest rate than what Pag-IBIG Fund currently provides, which is already considered the lowest in the market. DHSUD will subsidize up to 5% of the loan's outstanding interest rate, allowing borrowers to pay a reduced interest rate on their loans. This will ensure that Filipino workers can now fulfill their homeownership dreams, especially those with limited financial resources.

Focus on Sustainability and Communal Spaces

The Pambansang Pabahay (4PH) program also showcases green features, providing communal open spaces and gardens, as well as amenities such as swimming pools and basketball court ensuring that residents will have comfortable and improved living conditions.

Acuzar emphasized that future homeowners of the Pambansang Pabahay housing units will experience a well-designed and self-sufficient community through a township model. This framework allows residents to live within cities with access to commercial spaces, educational institutions, healthcare centers, and other essential infrastructure.

"Interested Filipino workers can easily avail of the Pambansang Pabahay (4PH) program through their Pag-IBIG Fund membership by applying for a special Pag-IBIG housing loan under 4PH, and by coordinating with their local government housing board so that they maybe listed under the 4PH program's pre-identified applicants. *Our work to address the housing backlog is truly a coordinated effort by the national government, the local government units, the housing sector, private developers, and the community,” Acuzar added.

Pag-IBIG membership as key to homeownership

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta expressed full support for the program and invites its members to take advantage of the Pambansang Pabahay (4PH) program's benefits.

"Pag-IBIG Fund fully supports the DHSUD in its proactive approach to addressing housing affordability challenges by helping both property developers and buyers. Our 4PH-Direct Developmental Loans provide the program proponents and property developers with financial means to develop housing projects and affordable yet quality housing units for Filipino workers. Interested buyers, on the other hand, can avail of the Pag-IBIG Pambansang Pabahay (4PH) Housing Loan and enjoy interest and amortization subsidies and borrower friendly loan terms, assuring them of affordable monthly payments within their budget. For the program to be sustainable, it is vital for our buyer-beneficiaries to pay their amortizations and real property taxes on time, as well as maintain the upkeep of the township. As aptly stated by Sec. Acuzar, the communities play a key role in solving the housing backlog," Acosta said.

MP2 Savings P28.75B

Pag-IBIG members save record-high P28.75B in Q1 2024, up 36%; MP2 Savings reach P15.56B, up 48%

In the first quarter of 2024, Pag-IBIG Fund members collectively saved a record P28.75 billion, setting the highest amount ever saved in the agency’s history during a first quarter, according to top officials. This represents a 36% increase—roughly P7.66 billion more than the P21.09 billion saved during the same period in 2023.

Part of the total savings collections is the agency’s Pag-IBIG Regular Savings, which saw a 25% increase from P10.58 billion in the first quarter of 2023 to P13.19 billion this year.

“Our strong savings collections reflect the trust and confidence our members place in us, along with our ability to prudently manage their savings. Pag-IBIG Fund’s strong financial position enables it to offer low interest rates and support the financing side of the Pambansang Pabahay Para sa Pilipino (4PH) program, a flagship program of President Ferdinand Marcos, Jr.,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.

In February, Pag-IBIG Fund implemented the new mandatory monthly savings rates of P200 for both the employees and the employers’ share. The increase was the first ever increase that Pag-IBIG Fund implemented since it was established in 1986. 

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, noted that the agency’s popular MP2 Savings continues to drive the growth of its members’ savings. The voluntary savings program maintained its growth, with members saving a record-high P15.56 billion, which accounted for 54% of the total savings collected in the quarter.

Acosta further highlighted the continued trust and confidence of their members, as shown in the consecutive years of record-highs in savings collections. 

“With the implementation of the new mandatory monthly contribution rates of P200 from both members and employers, Pag-IBIG members can expect substantial savings in the future and access to higher cash loans. Our goal remains the same – to maximize the growth of our members’ savings and keep home loan interest rates low”, Acosta said. 

Source: Pag-IBIG Fund.

Pag-IBIG Fund Awards Top Developers and Employers

Pag-IBIG Fund Awards Top Developers and Employers in National Capital Region

Pag-IBIG Fund recognized top developers and employers in National Capital Region for the first leg of the 2023 Stakeholders' Accomplishment Report (StAR) held in Pasay City on Tuesday (16 April 2024). 

Here's the Complete List of Pag-IBIG Star Awardees in the National Capital Region for 2023:

Top Developers

1. 8990 Group of Companies
2. Raemulan Lands, Incorporated
3. Axeia Group of Companies
4. Homemark Group of Companies 
5. The New APEC Group of Companies
6. Charles Builders Group of Companies
7. Westchester Realty Corporation
8. Borland Development Corporation
9. Pacific-Town Property Ventures Incorporated
10. Citi-Homes Builder Group of Companies

NCR North East Top Employers in Government Sector

- The House of Representative 

- Bureau of Jail Management 

- National Center for Mental Health

NCR North East Top Employers in Private Sector

- Robinsons Supermarket Corporation

- Sitel Philippines Corporation 

- United Laboratories Incorporated (UNILAB)

NCR North South West Top Employers in Government Sector

- Finance Center Philippine Army (FCPA) 

- The City Government of Makati 

- Metropolitan Manila Development Authority (MMDA)  

NCR North South West Top Employers in Private Sector

- Lizard-Bear Tasking Incorporated 

- Optum Global Solutions Philippines Incorporated 

- DBP Service Corporation (DBPSC)  

Top Collection Agency

- S.P. Madrid & Associates

Special Awards and Citations

Top Manning Agency: Magsaysay Maritime Corporation

Top Loyalty Card Partner in National Category: PH Global Jet Express Incorporated or (J&T Express)

Top Loyalty Card Partner in Regional Category: CW Marketing and Development Corporation

Highest in Number of Units Taken Out: Raemulan Lands, Incorporated

Best in Conversion: Pacific-Town Property Ventures Incorporated 

Best in Performing Loans Ratio: Borland Development Corporation 

Best in Performing Accounts Ratio: Citi-Homes Builder Group of Companies

The event also saw Pag-IBIG Fund and its stakeholders renew their pledge to integrity, in line with their shared effort to conduct all transactions with utmost professionalism and integrity towards achieving the highest tenets of public service.

The Pag-IBIG StAR is held by the agency to apprise stakeholders in each of the country’s major regions of its accomplishments, and recognize them for their outstanding contributions.