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  1. Who are eligible? The calamity loan program is open to any Pag-IBIG member who:
    1. Has made at least 24 monthly savings;
    2. Is an active member with at least 5 monthly savings for the last 6 months as of month prior to the date of loan application; and
    3. Resides in an area which is declared by the Office of the President or the Local Sanggunian concerned as under a state of calamity. If the member has an existing Housing Loan, Multi-Purpose Loan (MPL) and/or Calamity Loan, the account must not be in default as of date of loan application.
    If the member has an existing Housing Loan, Multi-Purpose Loan (MPL) and/or Calamity Loan, the account must not be in default as of the date of the loan application.
  2. How much can one loan? An eligible member may borrow up to a maximum of 80% of his Total Accumulated Value (TAV) subject to the terms and conditions of the program.
    The current interest rate for the Calamity Loan is 5.95% per annum.
  3. What is the payment period? The Calamity Loan is amortized over a period of 24 months with a grace period of 3 months. Said member shall start paying his loan on the 4th month following the date of his DV/Check date.
  4. Can a member still avail of a Calamity Loan even if he has an outstanding MPL/Calamity Loan? Yes, said member may still avail of a Calamity Loan subject to certain conditions. In no case, however, will the aggregate short-term loan (MPL and Calamity Loan) exceed 80% of the borrower’s TAV.
    If, in addition to an outstanding MPL, the member also has an outstanding calamity loan in the amount of P2,000, in the example above, the member is still granted a new calamity loan of P3,000 but will only receive P1,000 because the P2,000 will pay off the existing calamity loan balance. This means that at any given time, a member can have both MPL and calamity loan, but only one calamity loan.
  5. Until when can an eligible member avail of the loan?Eligible borrowers must avail of the Calamity Loan within a period of 90 days from the declaration of a state of calamity.
  6. What are the documentary requirements for the loan application?
    • Completely filled-up Calamity Loan Application Form*
    • Photocopy of at least 2 valid IDs
    • Proof of Income
    • For formally employed members, duly accomplished Declaration of Being Affected by Calamity*.
  7. * Said documents can be downloaded from the Pag-IBIG Fund website at www.pagibigfund.gov.ph or can be secured at any Pag-IBIG Fund office.
  8. Where can one apply for a loan? The borrower may submit his requirements to any Pag-IBIG Office nationwide. For inquiries, Pag-IBIG Fund’s hotline is open 24/7 – (02) 724-4244. E-mails can be sent to publicaffairs@pagibigfund.gov.ph.
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