Lists of Pag-IBIG Calamity Loan Requirements 2024 for Application
PAG-IBIG CALAMITY LOAN REQUIREMENTS 2024 – Here is a complete guide on the documents required by the Government Service Insurance System.
Filipinos who are members of the different government agencies have options to turn to in times of calamity. Some of the biggest state entities have Calamity Loan offers which the qualified members can turn to for assistance in recovering from the impacts of the natural disaster.
In the Philippines, one of the government agencies that offer a Calamity Loan is the Pag-IBIG Fund. Its loan offer aims to be a safety net for the members during times when earthquake, typhoon, El Niño or La Niña phenomena, etc, have struck their place leaving it in a State of Calamity.
Under the Calamity Loan offer, the member may borrow up to an equivalent of 80% of his/her savings in the Fund. It can greatly help in recovering from the damages and the loss of source of living due to the natural disaster.
The Pag-IBIG Calamity Loan requirements in terms of eligibility to avail the offer requires the member to have made at least 24 monthly contributions at the time of the loan application and at least five (5) monthly savings in the past six months.
Also, the member must be residing in an area declared under a State of Calamity. Aside from the eligibility requirements, there are documents that must be submitted to apply for the loan.
Here is a list of the Pag-IBIG Calamity Loan requirements for application:
- Pag-IBIG Fund Calamity Loan Application Form
- Photocopy of at least two (2) Philippine valid IDs
- Proof of Income
- Declaration of Being Affected by Calamity (for formally employed members)
The Pag-IBIG Calamity Loan application may be applied for online via the Virtual Pag-IBIG or over-the-counter by personally submitting the requirements to a branch of the government institution.
