Pag-IBIG doubles maximum loan amount to P6M

Posted at Jun 29 2012 10:52 AM | Updated as of Jun 30 2012 02:10 AM

Pag-IBIG Fund members can now borrow as much as P6 million each from the state housing fund from the previous limit of P3 million. Pag-IBIG Fund chief executive officer Darlene Berberabe said the board also agreed to lower the interest rate to 7.98% from the previous 11.5% so it can compete with private banks. [email protected], June 29, 2012