How to Generate PAG IBIG Contribution

How to Generate PAG IBIG Contribution?

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The Philippines government established the HDMF (PAG IBIG) organization to ensure housing for all in the 1970s. Nowadays, PAG IBIG funding loans offer versatile financial support in the form of short-term and long-term loan contributions.

PAG IBIG agency aims to enhance savings by providing funds to Filipinos. For this purpose, the agency gained support from the Philippines Federation for this savings plan fulfillment. 

Therefore, PAG IBIG has launched eSRS services for its membership owners to generate their contributions conveniently. You can also generate your loan funding through collecting partners on account of the regulations of PAG IBIG. You can select your accessible approach to accomplish your contributions.

CHECK: Pag IBIG Contribution Table 2024

Generating Contribution for PAG IBIG

What is the Minimum Monthly PAG IBIG Contributions you can Generate?

You must ensure that your monthly contribution to the PAG IBIG Fund is no less than 1% of your salary. At the same time, your employer’s contribution should be equivalent to 2% of your contribution.

For those who earn below Php1,500, then 1% contribution is fixed for them. If your salary exceeds Php1,500, then your mandatory contribution is 2% and never exceeds Php100. 

However, in case your salary is more than Php5,000, your deduction remains fixed at Php100. It’s only you who can select the option for an increase in your contributions. Likewise, your employer must continue contributing 2% of your monthly earnings.

PAG IBIG’s Online Facility to Generate Contributions

  • Log in to the official PAG IBIG link at www.pagibigfund.gov.ph
  • Press on “e-Services and “Online Payment Service.”
  • Enter your information for your payments:
  • Your membership Category (OFW or local)
  • MID or RTN
  • Member’s contribution type (housing loan, short-term loan, membership savings, or modified PAGIBIG2 amounts)
  • Member’s due amount ( Php100 minimum charges, or varied according to loan)
  • Payment duration and loaner’s contact and email details
  • Scroll down to your contribution receiving mode and proceed with your process.
  • Insert the CAPTCHA code and permit the following “Terms & Conditions.”
  • Now submit your request, and the system opens your entire “Contribution summary.” 
  • Press the option “Done” with your payment details
  • Select your credit/debit card for your contributions and confirm it
  • Finally, you (the loaner) may obtain an email or SMS about your transaction confirmation.
Steps to generate PAG IBIG’s Contributions online

How can you Generate your PAG Contributions?

It’s the whole step-by-step guide to generating your contributions under the PAG agency:

  • Once you’ve ensured your membership and loan access
  • Obtain your transaction password via SMS or email.
  • So, navigate to the “Payment” section and choose “Pay Bills.”
  • Here, you may go for your exclusive enrolled payment type > your account that’s designed to be debited > Enter your PAG reference number.
  • Insert your relevant amount and additional details for generating your contributions.
  • Finalize your transaction by proceeding to contribution via your transaction password. 
  • Hence, by simply managing your PAG contributions you can generate your required amount. 

Generate your Contribution via UCPB Connection

1st Method

  • PAG IBIG loan contributors may scroll to “Pay Bills.”
  • In the Government tab, you can choose the “PAG IBIG Employer” or “PAGIBIG Individual.”
  • After individual selection, enter your “payment type.”
  • Enter your debited account number.
  • Confirm your amount, reference number, and other contribution information of PAG IBIG. You can generate your contributions straightforwardly.
Generate your Contribution via UCPB Connection online

2nd Method

  • Navigate to the Employers’ Virtual PAG IBIG option
  • Press the “Electronic Submission of Remittance Schedule” option
  • Sign in to your employer’s account by entering his registered user and password
  • Navigate to the “Manage Employee” section
  • Analyze the whole employee’s updated list
  • Then, choose your “Create Payment Instruction” option and generate your payments as needed.
Generate your Contribution via virtual pag ibig

CHECK: How to Merg/Consolidate PAG IBIG Contributions Online?

How can you summarize your PAG IBIG Contributions generation?

Well, you’re proficient in checking and generating your payments while having a PAG IBIG membership. Regarding this, you may select this method:

  • You can open the PAG IBIG virtual portal from our official webpage using your phone or laptop devices.
  • Register or log in to your membership account with the help of PAG IBIG’s registered email and PIN code.
  • Navigate to “Menu” and click on your “Contributions.”
  • So, from your Contributions, you can check and generate your amount.

What are the benefits of PAG IBIG Contributions?

Down saving on a home Loan

The significant aim of PAG IBIG is to bring the opportunity for a down payment on house savings for Filipinos. This aspect has helped to acquire the dreams houses of millions of people.

Furthermore, this down payment offers the perfect interest rates to individuals and makes it easy for them to qualify for this loan amount.

CHECK THIS: How to check pag ibig contributions online?

Funds for House Related Additional Expenses

PAG IBIG’s regular contributions also provide payments for additional home-related expenses such as repair and renovation.

Meanwhile, you can also obtain short-term MPL or calamity loans as well. This MPL amount can be used for your additional tasks.

benefits of PAG IBIG Contributions For house

Finance Assistance during Calamity

The contributions of PAG IBIG are the best source of finance during calamity or hardship situations. Those who are going through difficulties due to finance and natural disasters can protect their families with the assistance of PAG IBIG’s short-term loan.

This loan amount is available within three days in cash amount for three years of repayments according to specific criteria of the PAG agency.

Low-Interest Rates Loans

You can acquire our low-interest rates loan amounts for multiple purposes. This amount is a convenient source to finance your maximum financial needs.

Additional Benefits of PAG IBIG Contributions

Well, all the workers and self-employed are able to achieve their required loan amount by completing the PAG agency’s eligibility criteria for loans. They can become a member of this loan and saving program for a wide range of benefits, including:

  • Property Listing
  • Housing fairs
  • Insurance products

What is the PAG IBIG’s Contribution Duration and Circumstances to Withdrawal?

There can be different scenarios if your PAG contribution has been ceased. However, it may exhibit that you’ve withdrawn or claimed all your accumulated contributions. So, these are the actual circumstances and duration for your contributions:

  • PAG IBIG membership account matures after 20 years. In another case, if you’ve reached 240 per month contributions.
  • Loaner reaches the 60 age (optional retirement age) or 65 age (mandatory retirement age)
  • Permanent departure from the country Philippines
  • Your health reasons force you to stop working
  • The loaner or his/her immediate family member faces a critical illness that’s certified by a licensed medical officer.
  • You are under total and permanent insanity or disability 
  • In case of your death, your legal heirs will receive your TAV along with further PAG’s death benefit

Final Words

PAG IBIG organization brings a positive shift in members’ financial well-being. The entire contributions of PAG IBIG have proved most beneficial for all membership owners.

If you’re willing to know how you can generate your contributions, you can analyze our official electronic Submission of Remittances Schedule (e-SRS) and official services. By just following the process of contribution assessment, you can generate your amount.

Author

  • Marina Aguilar is a freelance writer and editor with a passion for personal finance and real estate. She has been writing about finance and housing for over five years and has worked with various clients, including banks, financial institutions, and real estate developers. Marina believes that everyone deserves access to affordable housing and is committed to helping Filipino workers achieve their dream of homeownership through the Pag-IBIG Fund's housing loan program. In her free time, Marina enjoys hiking, reading, and spending time with her family.

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