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1What is the Pag-IBIG Fund Multi-Purpose Loan Program?

The Pag-IBIG Fund Multi-Purpose Loan or MPL Program is a cash loan that qualified members may secure to assist them with any immediate financial need.

Here are a few examples where you can use your MPL :

  • Minor home improvement
  • Additional capital for a small business
  • Tuition Fee and other education-related expenses
  • Purchase of furniture, appliances or electronic gadgets
  • Payment of utility and credit card bills
  • Vacation and travel
  • Special events
  • Car Repair; or
  • Other Needs
2How can I qualify?

You must be an actively contributing member with at least twenty-four (24) monthly membership savings (MS) and sufficient proof of income to qualify. If you have If an existing Pag-IBIG Fund Housing Loan, MPL and/or Calamity Loan, your payments must be updated for you to qualify.

3How much may I borrow?

With Pag-IBIG Fund’s MPL program, qualified members can borrow up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned. If you have an outstanding Calamity Loan, the amount of loan you will receive shall be the difference between the 80% of your total Pag-IBIG Regular Savings and the outstanding balance of your Calamity Loan.

This means that the more you save in your Pag-IBIG Regular Savings, the higher loan amount you may apply for via the MPL.

4How much is the MPL interest rate?

The MPL comes at a low interest rate of 10.5 percent per annum. You would be pleased to know that a significant part of the income derived by Pag-IBIG Fund from the loan program is returned to its members in the form of dividends.

5How do I pay my MPL?

The loan is payable within 24 months and comes with a deferred first payment.

Formally-employed members shall pay their loan amortization through a salary deduction arrangement with their employer.

Self-employed individuals, Overseas Filipino Workers (OFWs), and all other individual payors may their amortization at any of our Pag-IBIG Fund branches.

6When can I renew my MPL?

You may renew your MPL after paying an equivalent of six (6) monthly amortizations and upon satisfying the qualifications mentioned above.

The outstanding balance of your existing loan shall be deducted from the loan proceeds of your new loan.


For details, please refer to this program’s circular found on our Circulars Page

What is the Pag-IBIG Fund Multi-Purpose Loan Program?

The Pag-IBIG Fund Multi-Purpose Loan or MPL Program is a cash loan that qualified members may secure to assist them with any immediate financial need.

Here are a few examples where you can use your MPL:

  • Minor home improvement
  • Additional capital for a small business
  • Tuition Fee and other education-related expenses
  • Purchase of furniture, appliances or electronic gadgets
  • Payment of utility and credit card bills
  • Vacation and travel
  • Special events
  • Car Repair; or
  • Other Needs
How can I qualify?

You must be an actively contributing member with at least twenty-four (24) monthly membership savings (MS) and sufficient proof of income to qualify. If you have an existing Pag-IBIG Fund Housing Loan, MPL and/or Calamity Loan, your payments must be updated for you to qualify.

How much may I borrow?

You must be an actively contributing member with at least twenty-four (24) monthly membership savings (MS) and sufficient proof of income to qualify. If you have an existing Pag-IBIG Fund Housing Loan, MPL and/or Calamity Loan, your payments must be updated for you to qualify.

How much is the MPL interest rate?

The MPL comes at a low interest rate of 10.5 percent per annum. You would be pleased to know that a significant part of the income derived by Pag-IBIG Fund from the loan program is returned to its members in the form of dividends.

How do I pay my MPL?

The loan is payable within 24 months and comes with a deferred first payment.
Formally-employed members shall pay their loan amortization through a salary deduction arrangement with their employer.
Self-employed individuals, Overseas Filipino Workers (OFWs), and all other individual payors may their amortization at any of our Pag-IBIG Fund branches.

When can I renew my MPL?

You may renew your MPL after paying an equivalent of six (6) monthly amortizations and upon satisfying the qualifications mentioned above.
The outstanding balance of your existing loan shall be deducted from the loan proceeds of your new loan.


For details, please refer to this program’s circular found on our Circulars Page.