Pag-IBIG Calamity Loan: How Much You May Borrow & How To Apply

Guide on How To Apply for Pag-IBIG Calamity Loan & the Loanable Amounts

PAG-IBIG CALAMITY LOAN – Here is a guide on how to apply for this Pag-IBIG Fund loan offer and how much you may borrow under it.

Nowadays, a lot of people are undeniably needing some cash. Some have very little savings while others have none. Most individuals have only enough for their monthly expenses.

Meanwhile, there are several entities that we can turn to in times of financial emergencies. One of them is the Pag-IBIG Fund.

The Pag-IBIG Fund offers several kinds of loans to its member. Are you a member of this government agency and wanted to borrow some cash for a purpose?

One of the government agency’s offers is the Pag-IBIG Calamity Loan. In this article, we will lay down a guide on how to apply for it and how much you can borrow under this loan offer.

The application for this Pag-IBIG Fund loan offer must be done personally at the nearest Pag-IBIG branch to you. To be eligible to apply for the loan, the member must have at least 24 months savings. Here are the steps that you may follow in applying:

Step 1: Gather the requirements including the Muti-Purpose Loan Application Form. Provide the necessary and factual information on the form.

• One (1) Valid ID (Photocopy)
• Proof of Income
  • For employed applicants:
    • The employer must accomplish the “Certificate of Monthly Income” portion at the back of the MPL Form /
    • Photocopy of payslip authenticated by a representative of the company/employer
  • For self-employed applicants:
    • Business/Mayor’s Permit
    • Commission Vouchers

Step 2: Visit the nearest branch of Pag-IBIG Fund and submit your documents.

With regards to the loanable amounts under the Pag-IBIG Calamity Loan, according to Pag-IBIG Fund, the member may borrow up to 80% of his or her Pag-IBIG Regular Savings.

Thank you for visiting Philnews.ph. You may express your thought below through the comment section. You may also follow us on Twitter or on our YouTube channel Philnews Ph.

READ ALSO: Home Credit Cash Loan: How To Apply Via Mobile App For New Clients