Guide on Pag-IBIG Emergency Loan Amount Allowed for Member Borrowing
PAG-IBIG EMERGENCY LOAN AMOUNT 2025 – Here is a guide on the borrowing amount allowed for the members of the Fund.
One of the major edge in maintaining good accounts with the state entities is that you have something to turn to in times of calamities. In the Philippines, one of the government institutions that is a calamity loan-provider is the Pag-IBIG Fund.
A huge part of the Filipino populace is composed of Pag-IBIG Fund members. While the Government Service Insurance System (GSIS) is only open for government employees and the Social Security System (SSS) for the private sector employees, self-employed individuals, and others who might not be qualified for a GSIS membership, the Pag-IBIG Fund membership is open for individuals coming from the different walks of life.
Countless Filipinos were able to acquire their own house through the Pag-IBIG Housing Loan which is its most popular loan offer. Meanwhile, it also has the Calamity Loan or also called the Pag-IBIG Emergency Loan that members may turn to in times of calamities including the following:
- Typhoon
- Earthquake
- Storm surge
- Volcanic eruption
- Landslide
- Tornado
- El Niño and La Niña phenomena
- Tsunami
The Philippines is located within the Pacific Ring of Fire which makes it prone to calamities. An eligibility to apply for its Emergency Loan offer can be an excellent preparation against the unwanted but inevitable situations.
How much is the Pag-IBIG Emergency Loan amount that is allowed for borrowing? It is actually a case-to-case basis depending on your total Pag-IBIG Regular Savings.
According to the Fund, the Pag-IBIG Emergency Loan amount that is allowed for borrowing 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”.
If you have an existing Calamity Loan or Multi-Purpose Loan, the Pag-IBIG Emergency Loan amount that you may receive is the difference between the amount that is equivalent to 80% of your Pag-IBIG Regular Savings and the principal balance of your existing loan/
With regards to the interest rate under the loan offer, according to the state entity, a 5.95% interest is implemented per annum. The loan is payable for up to three (3) years or 36 monthly installments. Here are the qualifications under the loan offer:
- 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
The Pag-IBIG Fund has set different requirements for application depending if you are locally-employed, self-employed, or an overseas Filipino worker (OFW). Here’s a guide:
Aside from the Calamity and Multi-Purpose loans, the Fund also offers the Pag-IBIG HEAL Loan.