What is the Pag-IBIG Fund?
Officially the “Home Development Mutual Fund” (HDMF) but more widely known as the Pag-IBIG Fund, Pag-IBIG is a government-established program that serves as a savings and financing program for working Filipinos. Pag-IBIG is most-popularly known for the Pag-IBIG Housing Loan which provides affordable and accessible home financing for its members.
Through the popular Pag-IBIG fund, all working Filipinos including lower-income individuals, may qualify for housing loans containing the lowest interest rates available in the market. The loans provided by the Pag-IBIG fund also provide longer repayment terms of up to 30 years. In addition, the Pag-IBIG fund provides a housing-loan program made for lower-income individuals called “The Affordable Housing Loan for Minimum-Wage and Low-Income earners” distinct from the “Pag-IBIG Housing Loan.”
As a national savings program, the Pag-IBIG fund also provides other benefits apart from the home financing options. Pag-IBIG members may also access short-term loans including a “multi-purpose loan” for various purposes or a “calamity loan” that provides immediate aid to Pag-IBIG members in calamity-stricken areas.
Under Republic Act 9679,membership to the Home Development Mutual Fund, i.e. the Pag-IBIG fund, is mandatory for all employed Filipinos, regardless of trade, business or occupation with an income or salary of at least P1,000 a month.
How can I apply?
It is easy to register for the Pag-IBIG fund. Individuals may now apply to Pag-IBIG online through the official Pag-IBIG fund website found at www.pagibigfund.gov.ph. At the official website, simply click on the “Virtual Pag-IBIG” section and then the “Be a Member” section to register for Pag-IBIG. From this link, you will be brought to the online membership registration in which you must fill in the required data.
Following confirmation of your application, you will receive your Pag-IBIG Membership ID within two (2) working days.
How Can the National Registry Help Me?
The FDCP National Registry can help you apply for and receive various government-run social services including the Pag-IBIG Fund. As an organization established by FDCP to organize and provide a database for all active film and audio-visual workers, the National Registry can help you receive Pag-IBIG benefits by serving as a liaison between you and Pag-IBIG. The National Registry may direct you to the official Pag-IBIG website for applications. In addition, the National Registry can aid in the steps of verification and facilitation for accessing your Pag-IBIG benefits.
- Log on to www.pagibigfund.gov.ph
- Enter the Virtual Pag-IBIG. Click “Be a Member”, and click “Register”
- Fill-in all the required data
- Receive an SMS indicating your Registration Tracking Number (RTN) after registration.
- Know your permanent Membership ID (MID) number via the Virtual Pag-IBIG after two (2) Working Days.
*You may also know your MID number by texting IDSTAT <RTN> <Birth Date (mm/dd/yy) to 0917 888 4363 for Globe and 0918 898 4363 for Smart