DIPOLOG CITY - The PAG-IBIG Fund has successfully introduced its “innovative system” in
the recent Fund Coordinators Club (FCC) meeting held here with employers and
employees from the local government units (LGUs) and private sectors throughout
the province of Zamboanga del Norte.
“It is the mission of
PAG-IBIG FUND to uplift the quality of life of members through savings. For
this reason, this financial institution has been thinking of innovative ways to
improve its system in order to serve the public with competence and efficiency,”
said Ms. Cora Mamauag, Member Service Officer IV of PAG-IBIG Fund-Zamboanga del
Norte branch.
PAG-IBIG fund introduced
the “Identification Card System,” encouraging all members and those willing to
become members to register under this new system for them to be issued an ID which
could be used in all transactions with the agency.
“But this transaction card
is not yet in full implementation as we are still in the process of online
registration,” Mamauag explained.
Savings loan and housing
loan were also discussed featuring all new attributes with interest rates being
lowered.
In the savings loan,
members can get multi-purpose loan like salary loan through Land Bank Class
Card, making all transactions easier for members.
In housing loan, members
can get a maximum loan of P6 million from P 3 million.
It can be recalled that
last April 8, the city government of Dipolog through Mayor Evelyn T. Uy signed
a Memorandum of Agreement (MOA) on housing loan with the PAG-IBIG Fund
represented by Fermin A. Sta. Teresa Jr., Vice-President for Mindanao, for the
city to develop a housing subdivision project for its employees whether
permanent, casual or job order.
The city serves as the pilot LGU being the first and only local government throughout the province to avail itself of such privilege from the Fund. Other LGUs, however, are also encouraged to follow suit. (PIA9)