The Pag-IBIG Overseas Program (POP) is a voluntary savings program which aims to give Filipino overseas contract workers ,immigrants and naturalized citizens the chance to avail of a housing loan of as much as P 2,000,000.00 and save for the future.
We will feature in How-To Guide the things you need to know to be part of OFW POP Savings Program:
Qualifications of POP members
Any Filipino or former Filipino citizen who works overseas is eligible to become a member of the Pag-IBIG Overseas Program by accomplishing the Members Data Form and paying the required monthly membership contributions
Required Monthly Savings
Required Monthly saving for OFW POP
Gross Monthly Income
Required Monthly Savings
US $ 1000 and below
US$ 20.00
Over US$ 1000 to US$ 2000
US$ 40.00
Over US$ 2000
US$ 50.00
Prominent features of OFW POP
Guaranteed by the Government of the Republic of the Philippines
Tax Free Interest Earnings (No Witholding Tax)
Fixed Interest Rate of 7.5%/annum for Peso Savings and 3%/ annum for US$ Savings
Portable ( Even if member change employer/country of work)
Member can withdraw their savings in occurrence of the following:
