Guide on How To Apply for Pag-IBIG Calamity Loan Offer for Members
HOW TO APPLY FOR PAG-IBIG CALAMITY LOAN – Here are the steps in applying for the Fund’s Calamity Loan offer for qualified members.
One of the main benefits in staying in the pursuit of maintaining an active account to the Pag-IBIG Fund is having an entity that you can turn to in times of calamities. Typhoons, earthquakes, landslides, and many other natural disasters are among the happenings that none can stop.
If you are a member of the Pag-IBIG Fund, you may qualify for the Calamity Loan offer once your area was declared under a State of Calamity. The amount can greatly help in recovering from the impacts of the natural disaster most especially if the calamity damaged the household’s source of living.
Truth be told that calamities are among the roots of many incidents in the past that caused massive deaths and destruction in infrastructures. If you are a Pag-IBIG member, in times of natural disasters, you may apply for the Calamity Loan up until the 90th day since the declaration of the State of Calamity in your area.
How to apply for the Pag-IBIG Calamity Loan offer? There is an easy process for the application. Here are the steps that you may follow to make ensure a smooth flow of the application process:
- Step 1 — Check if you are qualified to apply for the loan offer. It is open for members who are residing in areas declared under a State of Calamity, has an active account with at least 24 monthly contributions posted and at least one (1) membership posted within the last six months, and has a sufficient proof of income.
- Step 2 — Prepare the requirements. There are documents that you must submit in applying for the loan offer. The list of required documents depend in the member will be filing the loan application or it will be done by an authorized representative.
- Step 3 — Go to Pag-IBIG Fund. Head to a branch of the Fund nearest to you and submit your documents.
The loan application process may take between three (3) to seven (7) working days. Wait for an update from the Fund regarding the result of your loan application.