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How To Guide

How to Avail the OFW Pag-Ibig Overseas Program

  Oct 1, 2004

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:
  • membership maturity of 5 or 10 years
  • separation from work due to health reasons
  • Total Disability or Insanity
  • Death

    Required documents for refund of savings
  • Original copy of POP Passbook
  • Application for Provident Benefit
  • Special Power of Attorney ( if applicable)
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