Pag-Ibig needs ID number in every transaction

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Wednesday, August 8, 2012


STARTING September 1, Home Development Mutual Fund or Pag-Ibig Fund will require employers and members to present their Membership Identification (MID) numbers for all transactions.

In a statement, Pag-Ibig Fund said the move is part of its transition to an enhanced system that will make its services even faster and more efficient for employers and members.

It said employers must indicate the employees’ names and their corresponding MID numbers on the following Pag-Ibig Fund forms -- Members Contribution Remittance Form; Short Term Loan/Multi-Purpose Loan Applications; and Monthly Remittance Schedule for Multi-Purpose Loans.

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The agency said there may be delays in the employers’ and members’ transactions if the MID is not indicated.

With this, Pag-Ibig advised all its members without MID to secure a Registration Tracking Number (RTN) at its branches or via the internet through its e-services found at www.pagibigfund.gov.ph

The agency said the RTN can be used in lieu of the MID.

For faster posting of savings and loan payments, Pag-Ibig said all employers are required to submit a softcopy (computer file) of their remittance schedules.

It said employers can secure the easy-to-use softcopy format at all Pag-Ibig branches or online at www.pagibigfund.gov.ph.

For more details, all members may coordinate with Kathy May Bautista of Pag-Ibig Fund’s Marketing and Enforcement Division in Cagayan de Oro at telephone numbers (08822) 726-348, 722-800, (088) 856-1861 to 62 local 211, 218 or 219.

Published in the Sun.Star Cagayan de Oro newspaper on August 09, 2012.

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