List of Requirements for Pag-IBIG Calamity Loan Application Process
REQUIREMENTS FOR PAG-IBIG CALAMITY LOAN – For the employed members of the Pag-IBIG Fund, here are the documents required for the loan application.
Truth be told that many people only realize the value of being eligible to calamity loans after a calamity has hit their place. There is always an edge in maintaining accounts that can qualify you to this type of loan offer.
In the Philippines, one of the calamity loan providers is the Pag-IBIG Fund, a state-run government institution that is operating in the country for decades now. It got several loan offers including a Calamity Loan that is exclusive to its eligible members.
The Pag-IBIG Calamity Loan offer is open for members who have posted at least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings and are residing in areas declared under a State of Calamity.
In the case of locally-employed members of the Fund, here are the requirements for Pag-IBIG Calamity Loan application:
- duly-accomplished and signed Pag-IBIG Calamity Loan Application Form
- one (1) photocopy of valid ID acceptable to the Fund
- proof of income:
- The employer must accomplish the “Certificate of Net Pay” portion at the back of the application form or submit a photocopy of one (1) month latest payslip duly authenticated by the company’s authorized signatory”
In case the loan application will be filed by an authorized representative of the member, here are the additional requirements for Pag-IBIG Calamity Loan application:
- Authorization Letter
- one (1) photocopy of a valid ID of the representative
In the case of the El Niño phenomenon, the Fund has set additional requirements from the members who wish to apply for the loan offer. Here’s a guide:
For farmers, including landlords, fisher folks, and livestock farmers
- Certification from the Municipal Agricultural Office (MAO) that their products were affected by the calamity
For business owners/market vendors
- Certification from the Market Vendors Association or certification from the Municipal Mayor attesting that he is engaged in the selling of farm products, vegetable, meat, fish, and that his source of livelihood was affected by the calamity
For Pag-IBIG Members or any of his immediate family members afflicted by diseases
- Medical Certificate from the Doctor stating that such diseases/illness brought by the onset of calamity
