Guide on Pag-IBIG Contribution for Self-Employed Members 2023 – Here are the Premium Rates
PAG-IBIG CONTRIBUTION FOR SELF-EMPLOYED MEMBERS 2023 – Here is a guide on the monthly contribution rate set by the Fund this year.
The Pag-IBIG Fund membership is open not only for employed individuals but as well as self-employed individuals. Every year, the contribution rate may change depending on what is implemented by the government agency as approved.
The Pag-IBIG contribution for the self-employed members this year 2023 depends on the monthly income of the member. If the member is earning between P1,000 to P1,500, the contribution rate is 1%. If the member is earning between P1,500 to P4,999, the contribution rate is 2%. if the member is earning P5,000 and above, the contribution rate is 3%.
| Monthly Income | Contribution Rate |
| At least ₱1,000 to ₱1,500 | 1% |
| ₱ 1,500 to ₱ 4,999 | 2% |
| ₱ 5000 and above | 3% |
Members of the Pag-IBIG Fund who have updated and active accounts may be eligible to apply for the loans offered by the government agency. Here are the offers and the requirements under each.
| Pag-IBIG Housing Loan | Pag-IBIG Multi-Purpose Loan | Pag-IBIG Calamity Loan |
| The Pag-IBIG Fund is undeniably most popular for its Housing Loan. The said loan is open to finance a residential property acquisition, house construction, home renovation, and home loan take-out. To check on the requirements under this loan offer, you may visit – Requirements for Pag-IBIG Housing Loan – Here’s What You Will Need to Apply. | This is the cash loan offer of Pag-IBIG Fund. You may apply for it to fund your travel, make a huge purchase, pay for your kids’ tuition, etc. For the requirements on this loan offer, you may visit – Pag-IBIG Cash Loan Requirements – Here’s What You Need to Submit in Applying. | In times of natural disaster and pandemic, the members of the Pag-IBIG Fund has this loan offer to turn. To check on the documents needed in applying for this offer, you may visit – Requirements for Pag-IBIG Calamity Loan – Here’s What You Need to Prepare in Applying… |
The loans are not the only offers that Pag-IBIG Fund provides for its members. It also has a savings program that was crafted for members who want to grow their money through dividends. For details about this savings program offer, you may visit – Pag-IBIG MP2 Computation for P500 Monthly Savings – Here’s how much you’ll get.