Authorization letter to deduct pag ibig loan 2025

See details

4.8 out of 5

111 votes

The document HQP-PFF-250 is an authorization form allowing an employee to instruct their employer to deduct a specified amount from their monthly salary for additional membership savings to the Pag-IBIG Fund, beyond the mandatory contributions. The authorization remains effective during employment until revoked in writing.

Here's how it works

01. Edit your authority deduct form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send membership form philippines via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out authorization letter to deduct pag ibig loan with DocHub

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the authorization letter in our editor.
In the first field, enter your full name as the borrower. This identifies you as the individual authorizing the deduction.
Next, input your Pag-IBIG Membership ID Number (MID No.) in the designated space. This is crucial for linking your authorization to your account.
Fill in your employer's name in the provided line. This specifies who will be responsible for making the deductions from your salary.
Indicate the amount you wish to deduct from your monthly salary. Ensure this reflects your additional membership savings accurately.
Specify the starting date for these deductions. This informs your employer when to begin processing this request.
Finally, sign and print your name at the bottom of the form. This signature confirms your authorization and agreement to the terms outlined.

Start using our platform today to easily complete and manage your authorization letter for free!

See more authorization letter to deduct pag ibig loan versions

We've got more versions of the authorization letter to deduct pag ibig loan form. Select the right authorization letter to deduct pag ibig loan version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2015	4.8 Satisfied (111 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who can claim Pag-IBIG contributions?

1. Who may file a Pag-IBIG Provident Claim application? Any active member, their dependents, legal heirs, or representatives can file for a Pag-IBIG membership maturity claim.

What is the new deduction for Pag-IBIG?

Effective February 2024 (but still current as of 2025), Pag-IBIG issued Circular No. 460, doubling the maximum Monthly Fund Salary (MFS) used for contribution calculationsfrom ₱5,000 to ₱10,000. This means: For total monthly salaries above ₱10,000, both employee and employer pay 2%, capped at ₱200 each month.

How to deduct Pag-IBIG in salary?

1. Employees and employers. Employers and employees equally share the monthly Pag-IBIG contribution. Monthly contributions: Employers deduct 2% of an employees monthly salary and add their 2% counterpart contribution.

What will happen if you dont pay your Pag-IBIG loan?

If a borrower defaults (e.g., misses three or more consecutive monthly payments), Pag-IBIG may declare the entire remaining loan balance immediately due and payable.

How to deduct Pag-IBIG contribution?

Employers and employees equally share the monthly Pag-IBIG contribution. Monthly contributions: Employers deduct 2% of an employees monthly salary and add their 2% counterpart contribution.

pag ibig authority to deduct form

Sample authorization letter to deduct pag ibig loan Authorization letter to deduct pag ibig loan template Authorization letter to deduct pag ibig loan pdf Authorization letter to deduct pag ibig loan online authority to deduct pag-ibig mp2 Authorization letter to deduct pag ibig loan 2021 Sample authority to deduct from salary Form Deduction of Pag-IBIG loan salary

Is a Pag-IBIG loan automatically deducted?

However, when contractual employees avail themselves of loans from these institutions, such as SSS salary loans or Pag-IBIG multi-purpose loans, repayment is typically facilitated through automatic payroll deductions.

What is the authority to deduct Pag-IBIG contributions?

This document authorizes the Provincial Government of Quezon to deduct monthly membership contributions from an employees salary and remit it to Pag-IBIG Fund. The employee agrees to have a set amount deducted beginning on a specified date.