How To Create Pag Ibig Account

Are you a Filipino employee or self-employed individual looking to secure your future? One way to do so is by creating a Pag-IBIG account. In this article, we’ll guide you through the process of creating a Pag-IBIG account, the benefits of having one, and how to ensure your account is secure.

What Is A Pag-IBIG Account?

Pag-IBIG stands for Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya, at Gobyerno. It is a government agency that provides affordable housing loans, short-term loans, and savings programs to its members. By creating a Pag-IBIG account, you become a member of the agency and can enjoy its benefits.

Steps On How To Create Pag-IBIG Account

There are two ways to create a Pag-IBIG account: via your Loyalty Card Plus or online. Here are the steps for each method:

Via Your Loyalty Card Plus

  1. Go to www.pagibigfundservices.com/virtualpagibig.
  2. Click the “Create Account > Continue” buttons.
  3. Choose to register “Via your Loyalty Card Plus.”
  4. Provide the following required details:
    • Pag-IBIG MID number
    • Partner-bank that issued your Loyalty Card Plus (UnionBank or AUB)
    • Last four digits of your card number (found at the back of the card)
    • Enter the one-time PIN (OTP) you will receive via SMS.
    • Enter your email address and answers to three security questions.
  5. Check your email for a confirmation message with your temporary password.
  6. Create a new password for your Virtual Pag-IBIG account.
  7. Select this option: “Create your account online.”

Online

  1. Go to www.pagibigfund.gov.ph.
  2. Click the “E-Services” tab and select “Membership Registration.”
  3. Fill out the online form with your personal information.
  4. Click “Submit.”
  5. Wait for the confirmation message with your Pag-IBIG MID number and registration tracking number (RTN).
  6. Go to www.pagibigfundservices.com/virtualpagibig.
  7. Click the “Create Account > Continue” buttons.
  8. Choose to register “Via your RTN.”
  9. Provide the following required details:
    • Pag-IBIG MID number
    • RTN
    • Enter the one-time PIN (OTP) you will receive via SMS.
    • Enter your email address and answers to three security questions.
  10. Check your email for a confirmation message with your temporary password.
  11. Create a new password for your Virtual Pag-IBIG account.
  12. Select this option: “Create your account online.”

The Benefits Of Having A Pag-IBIG Account

Affordable Housing Loans

One of the primary benefits of having a Pag-IBIG account is access to affordable housing loans. Members can borrow up to Php 6 million to purchase a house and lot, townhouse, or condominium unit. The loan can be paid back in up to 30 years, with interest rates as low as 3% per annum.

Short-Term Loans

Pag-IBIG members can also apply for short-term loans for emergencies or other financial needs. The amount of the loan depends on the member’s savings and loan payment history. The interest rate is 10.75% per annum.

Savings Programs

Pag-IBIG members can save money through the agency’s savings programs. Members can contribute a minimum of Php 200 per month and earn dividends on their savings. The dividends are tax-free and can be withdrawn after five years.

Is Your Pag-IBIG Account Secure?

Yes, your Pag-IBIG account is secure. The agency uses advanced security measures to protect its members’ personal and financial information. However, it’s important to keep your account information confidential and to log out of your account after each use.

Common Problems With Pag-IBIG Account

Some common problems with Pag-IBIG accounts include forgotten passwords, incorrect personal information, and issues with loan applications. If you encounter any problems with your account, you can contact Pag-IBIG’s customer service hotline at (02) 8-724-4244.

Frequently Asked Questions

  1. How much is the Pag-IBIG membership fee?
    • The membership fee is Php 100.
  2. Can I withdraw my Pag-IBIG savings anytime?
    • No, you can only withdraw your savings after five years.
  3. How can I check my Pag-IBIG contributions?
    • You can check your contributions by logging in to your Virtual Pag-IBIG account or by visiting a Pag-IBIG branch.
  4. How long does it take to process a Pag-IBIG loan application?
    • The processing time depends on the type of loan and the completeness of the requirements. It can take anywhere from a few days to several weeks.
  5. Can I pay my Pag-IBIG contributions online?
    • Yes, you can pay your contributions online through the Pag-IBIG website or through partner payment centers.
  6. What is the Pag-IBIG MP2 program?
    • The Pag-IBIG MP2 program is a voluntary savings program that offers higher dividends than the regular Pag-IBIG savings program.

Conclusion

Creating a Pag-IBIG account is a smart move for any Filipino employee or self-employed individual who wants to secure their future. By following the steps outlined in this article, you can easily create a Pag-IBIG account and enjoy its benefits. Remember to keep your account information confidential and to contact Pag-IBIG’s customer service hotline if you encounter any problems.

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