Hence, the Pag-IBIG Fund Calamity Loan seeks to provide immediate financial aid to affected Pag-IBIG Fund members in calamity-stricken areas. So now, let's know more about the loan program, the qualifications, and the steps to applying online. Pag-IBIG Fund Calamity Loan As mentioned, the Pag-IBIG Fund Calamity Loan seeks to provide immediate financial aid to affected Pag-IBIG Fund members in calamity-stricken areas as declared by the Office of the President or the Sangguniang Bayan. Eligible members must avail of the Pag-IBIG Calamity Loan within a period of ninety (90) days from the declaration of a state of calamity by the Office of the President or the Sangguniang Bayan for their area of residence. Qualified members may borrow up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned. If you have an outstanding Multi-Purpose and/or Calamity Loan, the amount of loan you will receive shall be the difference between the 80% of your total Pag-IBIG Regular Savings and the outstanding balance of your loan/s. This means that the more you save in your Pag-IBIG Regular Savings, the higher loan amount you may apply for via the MPL. If you have an outstanding Pag-IBIG Multi-Purpose Loan (MPL), the amount you may borrow shall be the difference between the 80% of your total Pag-IBIG Regular Savings and the outstanding balance of your Pag-IBIG MPL. Read more in our articles including "How to Apply for Pag-IBIG Fund Calamity Loan Online" and "A Complete Guide to Government Assistance During Quarantine".
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Feb 20, 2015Hence, the Pag-IBIG Fund Calamity Loan seeks to provide immediate financial aid to affected Pag-IBIG Fund members in calamity-stricken areas. So now, let's know more about the loan program, the qualifications, and the steps to applying online.
Pag-IBIG Fund Calamity Loan As mentioned, the Pag-IBIG Fund Calamity Loan seeks to provide immediate financial aid to affected Pag-IBIG Fund members in calamity-stricken areas as declared by the Office of the President or the Sangguniang Bayan. Eligible members must avail of the Pag-IBIG Calamity Loan within a period of ninety (90) days from the declaration of a state of calamity by the Office of the President or the Sangguniang Bayan for their area of residence. Qualified members may borrow up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned.
Our coverage of pag-ibig loan includes: "How to Apply for Pag-IBIG Fund Calamity Loan Online"; "A Complete Guide to Government Assistance During Quarantine"; "Pag-IBIG: Buy Solar Panel Now, Pay Later". Each article provides unique insights and information.