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Tuesday, January 3, 2017

Pag-IBIG Expanded Raffle Promo

When I went to Pag-Ibig office to update my status from employed to voluntary/self-paying, I got a glimpse of the fliers displayed on the personnel's table and among all the informative and colorful fliers, their latest Pag-IBIG Expanded Raffle Promo caught my eye and I got more curious when I saw the word "ONE MILLION PESOS". HAHA. Of course who wouldn't be interested to win such amount? It will be a viable solution to my financial needs. I can pay off all my debts, help my family, set aside for down payment for a house and lot, put up a small business, and save some for emergency fund. I'm sure other people also have various plans on what they will do with Php 1,000,000. 

I asked the personnel about the Pag-IBIG Expanded Raffle Promo and she told me that it's very simple to join it. I just have to increase my current contributions to at least Php600.00 per month which will entitle me to one electronic raffle number. The higher the contributions, the more entries I will get which also means more chances of winning. Aside from that, I was also encouraged by the Pag-ibig staff to remit higher monthly contributions because it is also a means of savings which will also impact the amount of loan that I can apply for. In short, the higher monthly savings qualifies a member to a higher loan amount and higher dividends earned. That sounds great, right? I got easily convinced since I have a plan to apply for a housing loan in the near future. 

I told my husband about it and he supported me about my plan to increase my monthly contributions. I also convinced him to do the same. After all, it will benefit us both since it's an additional way for us to save money for our retirement. I think one advantage of this is that since we are already used to the monthly deductions from our salary, it will not be that hard for my husband and I to set aside some amount for the Pag-ibig contributions.

Here are more details about the Pag-IBIG Expanded Raffle Promo:



Promo period is from May 1, 2016 to March 31, 2017

Mechanics:
  1. This promo is open to all qualified Pag-IBIG members, both local and overseas Filipinos, with remittance of upgraded Pag-IBIG I savings amounting to at least Php600.00 per month within the raffle promo duration.
  2. One (1) electronic raffle number will be issued for every Php600.00 Pag-IBIG I savings per month.
  3. One (1) BONUS electronic raffle number will be issued to member upon registration to the raffle promo (one time only) and upon validation of the initial remittance of required upgraded Pag-IBIG I savings.
  4. All electronic raffle numbers corresponding to the validated remittances of upgraded Pag-IBIG I savings will be sent through the email address registered in the raffle promo.
  5. Upgraded Pag-IBIG I savings which are part of housing loan amortizations are excluded from the raffle promo.
  6. All Pag-IBIG Fund personnel - regular, direct-hired/agency-hired contractual, consultants, and members of the Pag-IBIG Fund Board of Trustees - are disqualified from joining the raffle promo.
How to Join:
  • Remit the required minimum Pag-IBIG 1 membership savings of Php 600.00 per month.
  • Visit www.pagibigfund.gov.ph and click the “Join the Raffle Promo”link.
  • Enter your Pag-IBIG MID ID No.
  • Click the “Verify”button. The system shall then display the member’s full name and birth date. In case the member does not have an updated membership information with the Fund, he/she is required to update his/her records via the Pag-IBIG online membership registration system before joining the raffle promo.
  • Fill out the required information and then click the “Submit” button. A prompt message shall appear informing the member that he/she has successfully registered in the raffle promo and an email confirmation from Pag-IBIG shall be sent to the member.
  • Online registration to the raffle promo shall be done only once while electronic raffle numbers shall be sent continuously via email for every Php600.00 monthly membership savings remitted.
Raffle Draw and Prizes:
  • Prizes include 2 winners of Php 500,000.00 each, 2 winners of Php 250,000.000 each, 20 units of MacBook Pro, 25 units of Samsung S-7 Edge and a Grand Prize Winner of 1 MILLION PESOS!
  • There will be eleven (11) raffle draws with the corresponding dates and prizes as follows:

Monthly DrawMonthly DrawMonthly DrawMonthly DrawMonthly DrawMonthly DrawPRELIM DRAWMonthly DrawMonthly DrawMonthly DrawGRAND DRAW
RAFFLE DRAW DATESQty24 Jun 201622 Jul 201626 Aug 201623 Sep 201628 Oct 201625 Nov 201621 Dec 201627 Jan 201724 Feb 201724 Mar 201701 May 2017
Qualified Transaction / Remittance Dates01 May 2016 - 31 May 201601 May 2016 - 30 Jun 201601 May 2016 - 31 Jul 201601 May 2016 - 31 Aug 201601 May 2016 - 30 Sep 201601 May 2016 - 31 Oct 201601 May 2016 - 30 Nov 201601 May 2016 - 31 Dec 201601 May 2016 - 31 Jan 201701 May 2016 - 28 Feb 201701 May 2016 - 31 Mar 2017
Cut-off Date and Time in Joining / Raffle Registration19 Jun 2016 / 11:59 PM17 Jul 2016 / 11:59 PM21 Aug 2016 / 11:59 PM18 Sep 2016 / 11:59 PM23 Oct 2016 / 11:59 PM20 Nov 2016 / 11:59 PM16 Dec 2016 / 11:59 PM22 Jan 2017 / 11:59 PM19 Feb 2017 / 11:59 PM19 Mar 2017 / 11:59 PM26 Apr 2017 / 11:59 PM
RAFFLE PRIZESNumber of Winners
Samsung S-7 Edge2511111181118
Mac Book Pro Retina2011111171114
Php250K Cash Prize211
Php500K Cash Prize211
Php1M Cash Prize11
Total502222221722215
  1. Winning raffle numbers will be drawn via a rotating tambiolo, to be witnessed by the Pag-IBIG Fund Internal Audit Group and Commission on Audit (COA) representatives.
  2. A Pag-IBIG member can only win once during a draw. Should he/she win more than once during the same raffle draw date, the prize with a higher value will be awarded. Non-winning raffle entries will automatically be included in the succeeding raffle draw.
  3. Pag-IBIG Fund reserves the right to validate/certify whether or not a winning member is an eligible Pag-IBIG member and his/her membership savings account satisfies the criteria set in the promo mechanics.
  4. Cash prizes will be awarded in the form of a check made payable to the confirmed winner. All other prizes are non-transferrable and non-convertible to cash.
  5. Every winning entry will be confirmed/certified by the Pag-IBIG Fund Raffle Promo Committee, Pag-IBIG Fund Internal Audit Group, and Commission on Audit representatives.
  6. Pag-IBIG Fund will shoulder all applicable taxes of the raffle prizes.
Claiming and Notification:
  1. Winners will be notified within five (5) working days from the dates of the raffle draws by telephone, e-mail, and/or registered mail.
  2. Prizes must be claimed within one (1) year from receipt of notification from Pag-IBIG Fund. Otherwise, they will be forfeited and offered as prizes in other related activities of Pag-IBIG Fund for its members.
  3. Upon claiming of prizes, winners must present the following:
    - Two (2) valid IDs with picture (e.g. passport & any government-issued IDs)
    - Pag-IBIG Fund Receipt or Transaction/Remittance Slip - corresponding to the winning entry (if applicable)
    - Notification Letter from Pag-IBIG Fund
  4. Note: Pag-IBIG Fund reserves the right to request for additional documents from the winner if deemed necessary.
  5. An authorized representative may also claim the prize (except the cash prizes) on behalf of the winner provided he/she presents two (2) valid IDs with picture, winner‟s duly-signed Authorization Letter, and all other requirements from the winner.
  6. Pag-IBIG Fund reserves the right to disclose and publish the names, photos, and other information of all winners as deemed appropriate.
Good luck to all Pag-IBIG Expanded Raffle Promo participants!


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