PAG-IBIG Fund, in partnership with Landbank of the Philippines (LBP), make multi-purpose loan (MPL) availment easier and more convenient through the LBP Cash Card.
The approved loan amount is deposited directly to the member-borrower’s cash card account and can be withdrawn anytime and anywhere through any Landbank ATM, Expressnet, Megalink and all Bancnet member banks.
With this system, there is no maintaining balance, no opening deposit required, no dormancy period and enrollment is free for the first 37,000 MPL member-borrowers.
To avail of the LBP Cash Card, a Pag-Ibig member must apply for a loan personally at the Pag-Ibig Cebu office at Cebu Business Park from Monday to Friday 9 a.m. to 3 p.m. to have one’s account activated.
For details, call Monina Pacana or Joan Matos at 415-8311 and 234-2778 or e-mail at cebu@pagibigfund.gov.ph.