How to Apply for Pag-IBIG Fund Calamity Loan Online

The Philippines is vulnerable to natural calamities like volcanic eruptions, storm surges, flooding, landslides, and the like. With that said, Filipinos are exposed to damaging incidents and severe distress and losses, especially those in affected areas. Hence, the Pag-IBIG Fund Calamity Loan seeks to provide immediate financial aid to affected Pag-IBIG Fund members in calamity-stricken areas. So now, let’s know more about the loan program, the qualifications, and the steps to applying online.

Pag-IBIG Fund Calamity Loan

As mentioned, the Pag-IBIG Fund Calamity Loan seeks to provide immediate financial aid to affected Pag-IBIG Fund members in calamity-stricken areas as declared by the Office of the President or the Sangguniang Bayan.

The Pag-lBIG Fund’s Calamity Loan Program shall be limited only to man-made hazards and any of the following naturally-occurring disasters and hazards:

• Typhoon
• Storm Surge
• Tornado
• Landslide
• Earthquake
• Tsunami
• Volcanic Eruption
• El Nino and La Nina Phenomena

In case the calamity is not caused by natural disasters or by geological processes, the Fund shall conduct an internal assessment upon the approval of the Board on whether the Fund will open the program to cover the calamity.

Eligible members must avail of the Pag-IBIG Calamity Loan within a period of ninety (90) days from the declaration of a state of calamity by the Office of the President or the Sangguniang Bayan for their area of residence.

Borrower’s Eligibility

You must have the following to qualify for the loan:

• At least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings;
• Active membership, by having at least one (1) monthly membership savings within the last six (6) months before the date of loan application;
• If with an existing Pag-IBIG Housing Loan, Multi-Purpose Loan, and/or Calamity Loan, the account/s must not be in default; and
• Proof of income.

The borrower must also be a Filipino citizen and must live in an area under the State of Calamity as declared by the Office of the President or the Local Sanggunian.

Qualified members may borrow up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned. If you have an outstanding Multi-Purpose and/or Calamity Loan, the amount of loan you will receive shall be the difference between the 80% of your total Pag-IBIG Regular Savings and the outstanding balance of your loan/s.

This means that the more you save in your Pag-IBIG Regular Savings, the higher loan amount you may apply for via the MPL.

If you have an outstanding Pag-IBIG Multi-Purpose Loan (MPL), the amount you may borrow shall be the difference between the 80% of your total Pag-IBIG Regular Savings and the outstanding balance of your Pag-IBIG MPL.

Note that the Pag-IBIG Calamity Loan carries an interest rate of 5.95% per annum.

Requirements

In addition to the eligibility criteria, you need to submit the following documents when applying for a calamity loan from Pag-IBIG:

• Accomplished Calamity Loan Application Form 117
• At least two valid IDs
• Proof of income
• Selfie showing your cash card and ID card
• Declaration of being affected by the calamity (for formally employed members)

How to apply?

Members can easily apply for a Pag-IBIG Calamity Loan via the following options:

• Online via Virtual Pag-IBIG

Follow the steps below.

1. Visit the Virtual Pag-IBIG website at www.pagibigfundservices.com/virtualpagibig 583.
2. Select “Apply or Manage Loans” and click “Apply for a Short-term Loan.”
3. Review the documents needed for the application and then click “Proceed.”
4. On the Select Loan Type drop-down, click “Calamity Loan.”
5. Enter your Pag-IBIG membership ID number or MID.
6. Click “Validate your MID no.”
7. Once your MID number is validated, complete your contact details.
8. A One-Time PIN (OTP) will be sent to your mobile number.
9. Check the Data Privacy agreement and click “Proceed.”
10. Type in your OTP and click “Proceed.”
11. Review your Calamity Loan application form and click “Next.”
12. Select the type of Cash Card or Loyalty Plus Card you have.
13. Enter your card number and click “Check cash card status.”
14. If your card is valid, proceed to the next step.
15. Upload your Calamity Loan Application (front and back), a scanned copy of your valid ID, and a selfie.
16. Submit your application.
17. Wait for your reference number to be sent to your registered mobile number.

READ:
How to register to Virtual Pag-IBIG? 13
Pag-IBIG Loyalty Card Plus: What you need to know

• Via Email

The Pag-IBIG Calamity Loan online application in 2021 can also be made via email. According to Pag-IBIG, email filing of loan applications is now the safest way to avail of the loan, especially during the pandemic. Follow the steps below.

1. Download the calamity loan application form from the website, fill it out, and sign. The form should also bear the signature of two witnesses.
2. Scan or take a photo of the application form and send it to your company HR, Fund coordinator, or authorized representative who will be printing the form after signing the Application Agreement portion. The company HR, authorized representative, or the Fund Coordinator will scan or take a photo of the form and return it to you.
3. Scan or take a photo of your valid government-issued ID, Landbank, UCPB, DBP cashcard, or Loyalty Card Plus.
4. Send the application form with your signature and your employer’s signature, valid ID, and cashcard to the designated email address assigned by Pag-IBIG based on your employer’s main office. You or your employer can send the application form and other documents via email, depending on your agreement with your company HR.

Here are the designated email addresses depending on your employer’s main office location:

• [email protected]
For members and employers covered by branches in GMA Kamuning, Quezon Avenue, Commonwealth Avenue, Cubao, Marikina, Caloocan – EDSA, Valenzuela, Pasig, Mandaluyong – Shaw Zentrum and Antipolo branches

• [email protected]
For members and employers covered by Makati-Buendia I, Binan, Makati-Ayala Avenue, Makati-Buendia II, Makati-JP Rizal, Taguig – Gate 3 Plaza, Guadalupe-EDSA, Muntinlupa, SM Aura, Intramuros, Sta. Mesa, Binondo, Pasay, Las Pinas-Robinsons Place, Paranaque, Imus, Rosario, and Dasmarinas branches

• [email protected]
For members and employers covered by La Union, Laoag, Vigan, Dagupan, Urdaneta, and Baguio branches

• [email protected]
For members and employers covered by Tuguegarao, Solano, and Cauayan branches

• [email protected]
For members and employers covered by San Fernando, Tarlac, Angeles, SBMA, Balanga, Malolos, Baliwag, Cabanatuan, and Meycauayan branches

• [email protected]
For members and employers covered by Lucena, Batangas, Lipa, Calamba, San Pablo, Sta. Rosa, Calapan, and Palawan branches

• [email protected]
For members and employers covered by Legazpi and Naga branches

• [email protected]
For members and employers covered by Cebu-Ayala, Dumaguete, Talisay, Toledo, Cebu-Colon, Mandaue, Danao, Mactan, Tagbilaran, Tacloban, Calbayog, and Ormoc branches

• [email protected]
For members and employers covered by Iloilo-Manduriao, Iloillo-Molo, Kalibo, San Jose de Buenavista, Roxas, Bacolod, Kabankalan, and Sagay branches

• [email protected]
For members and employers covered by CDO-Lapasan, CDO-Carmen, Valencia, Butuan, San Francisco, Surigao, and Iligan branches

• [email protected]
For members and employers covered by Zamboanga, Dipolog, and Pagadian branches

• [email protected]
For members and employers covered by Davao-Bajada, Davao-Matina, Davao-Lanang, Digos, Tagum, Panabo, General Santos, Polomolok, Koronadal, Kidapawan, and Cotabato branches

Once approved, you will receive a text message from the Pag-IBIG Fund, and the loan will be credited to your Loyalty Card Plus, LandBank, DBP, or UCPB cashcard. Note that there is no processing fee for processing your loan.

How to pay for the loan?

The Pag-IBIG Fund Calamity Loan is payable within three years or 36 months, with the initial payment due on the 3rd month after the loan release. Members may also opt to pay their loans in two years or 24 months.

However, if you are an employed member, you may pay your loan amortizations via a salary deduction arrangement with their employer. Furthermore, should you wish to accelerate or advance your payments, you may do so via Virtual Pag-IBIG, at any Pag-IBIG Fund branch, or through any of Pag-IBIG’s accredited collecting partners’ outlets or their online payment channels.

If you are a self-employed individual or an Overseas Filipino Worker (OFW), you may pay your loan amortizations via Virtual Pag-IBIG, at any Pag-IBIG Fund branch, or through any of Pag-IBIG’s accredited collecting partners’ outlets or their online payment channels.

If you want to know more, you may visit the official Pag-IBIG website 14.

Source: Pag-IBIG