Guide on Pag-IBIG Calamity Loan Requirements for Application
PAG-IBIG CALAMITY LOAN REQUIREMENTS 2024 – Listed here are the documents required in applying for the Calamity Loan offer of the Fund.
In the Philippines, millions of Filipinos are in a constant pursuit to maintain active and updated account to the Pag-IBIG Fund. It is one of the biggest government-run entities in the country and has been in the service of millions of people for several decades now.
The Pag-IBIG member populace is mostly composed of locally-employed and self-employed individuals but it has also some overseas Filipino worker (OFW) members as well as voluntary members.
To maintain an active and updated account to the Fund, members must regularly post monthly contributions. An updated account may qualify a member to the loans offered by the state entity.
Aside from the Pag-IBIG Housing Loan offer, the Fund also has a Calamity Loan offer that was designed to financially assist the members when a natural disaster has hit their workplace or their place of residence.
Truth be told that the damages that the natural calamity can cause can lead to as much as loss of homes and source of livinges and, worst, death. Through the Calamity Loan, the Fund wants to help its member get through the crisis.
In applying for the offer, there are Pag-IBIG Calamity Loan requirements for application that must be submitted. It depends whether the filer of the loan is the member himself/herself or an authorized representative of the member.
The Pag-IBIG Calamity Loan requirements for the member-filer includes general requirements as well as additional requirements depending if the loan application is employed, self-employed, or an overseas Filipino worker:
General Requirements:
- original copy of a duly-accomplished and signed Pag-IBIG Calamity Loan Application Form
- photocopy of a valid ID acceptable to the Fund
Specific Requirements based on Employment Status:
- For Locally-Employed Members:
- The “Certificate of Net Pay” which is located at the back of the Pag-IBIG Calamity Loan Application Form must have been accomplished by your employer OR
- a photocopy of one (1) of your latest payslip authenticated by an authorized signatory of the company you are working at.
- For Self-Employed Members:
- Certified True Copy of Transport Franchise issued by appropriate government agency (in original copy)
- notarized Affidavit of Income (HQP-SLF-136) (in original copy)
- Commission Vouchers reflecting the issuer’s name and contact details (in original copy)
- Income Tax Return (ITR), Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit (in photocopy)
- Certificate of Engagement issued by the owner of business (in original copy)
- Bank Statements or passbook for the last 12 months (in original copy)
- For Overseas Filipino Workers (OFWs):
- Certificate of Employment and Compensation (CEC)
- Employment Contract
- Income Tax Return filed with Host Country/Government
In case the loan offer will be filed by an authorized representative, there is a different set of requirements for Pag-IBIG Calamity Loan application. Make sure to submit all the required documents for a fast loan processing and approval.
