00:00Members of the Pagibig Fund can now borrow up to 90% of their total regular saving, which is an increase from the previous 80% cap.
00:09This means that a member with 30,000 pesos in savings can now avail of a loan up to 27,000 pesos.
00:18According to the Palace, the policy adjustment is Pagibig's response to the growing financial needs of its members,
00:24while those with existing loans under the old guidelines are also eligible to avail of additional loan amounts based on the enhanced loan entitlement.
00:35Pagibig Fund also shortened the eligibility requirement from the previous two-year membership rule.
00:42Members may now apply for a loan after making just 12 months of contribution.
