Guide on Pag-IBIG Calamity Loan Amount Allowed for Member Borrowing
PAG-IBIG CALAMITY LOAN AMOUNT 2025 – You can check here the amount that is allowed for borrowing under the Fund’s loan offer.
In the Philippines, there are state entities that Filipinos who are members of state-run institutions may turn to in times of calamities. One of these is the Pag-IBIG Fund.
Millions of Filipinos are members of the Pag-IBIG Fund. Contrary to the Government Service Insurance System (GSIS) and the Social Security System (SSS), the membership offer of the Fund is open for both salaried, whether employed in the private or public sector, and non-salaried individuals.
The Pag-IBIG Fund provides several kinds of loans for its members. Aside from the Pag-IBIG HEAL Loan, the state entity also offers the Calamity Loan that qualified members may turn to in times of natural disasters such as:
- Typhoon
- Earthquake
- Storm surge
- Volcanic eruption
- Landslide
- Tornado
- El Niño and La Niña phenomena
- Tsunami
The country is undeniably prone to calamities most especially earthquakes and typhoons. Several quakes occur in the different areas in the country every day while PH is usually hit by at least 10 storms in a year. While the government and the people can prepare for these natural calamities, their impacts can never be measured unless they happen.
Thus, it is a huge edge to be qualified to calamity loans. How much is the Pag-IBIG Calamity Loan amount allowed for borrowing? The loanable amount is equivalent to “80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned”.
In case you have an existing Multi-Purpose and/or Calamity Loan to the Fund, the Pag-IBIG Calamity Loan amount allowed for borrowing will be the result if you deduct the balance of the existing loan(s) from the amount that is equivalent to 80% of your Pag-IBIG Regular Savings
Thus, the higher your savings is, the higher your Pag-IBIG Calamity Loan amount allowed for borrowing will be. On the interest rate under the offer, the state entity implements a 5.95 percent interest rate per annum.
The loan is payable for three (3) years or up to 36 monthly installments. Who are qualified to apply for the Calamity Loan offer of the Fund? Here are the qualifications for application:
- at least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings
- in active membership, by having at least one (1) monthly membership savings within the last six (6) months prior to the date of loan application
- resident of an area declared by the Office of the President or the Local Sangguniang under a State of Calamity
- has sufficient proof of income
According to the Fund, if you have an existing Pag-IBIG Housing Loan, Calamity Loan, and/or Multi-Purpose Loan, the existing loan account must not be in default. In applying for the loan offer, the list of documents that you must submit to apply depends if you are locally-employed, self-employed, or an overseas Filipino worker (OFW). Here’s a guide: