Guide on Pag-IBIG Fund Calamity Loan Requirements for Application
PAG-IBIG FUND CALAMITY LOAN REQUIREMENTS – Listed here are the documents that the Pag-IBIG Fund requires from locally-employed members.
Are you one of the people who want to prepare for the natural disasters? You can do so by maintaining an updated account to the Pag-IBIG Fund. Qualified members may avail up to an equivalent of 80% of their regular savings.
The Pag-IBIG Fund is serving the Filipino people for decades now. With just a low-rate monthly contribution, countless people were able to borrow millions to achieve their target property under the Pag-IBIG Housing Loan. In times of natural disasters, it has helped many of its members as well through the Pag-IBIG Fund Calamity Loan offer.
The Calamity Loan offer of the Fund is open for members who have posted at least 24 monthly contributions and are living in an area declared under a State of Calamity. It is open for salaried and non-salaried individuals who meet the qualifications set by the Fund.
There are varying requirements under the Pag-IBIG Fund Calamity Loan offer. In the case of locally-employed individuals who occupy one of the biggest slice in the Pag-IBIG member populace, here are the documents required by the Fund for 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”
The loan application may be filed by an authorized representative of the member. In this case, here are the Pag-IBIG Fund Calamity Loan requirements for application:
- Authorization Letter
- one (1) photocopy of a valid ID of the representative
If the natural disaster which is the reason why the area is under a State of Calamity, there are additional documents requested by the bank for application. Here’s a guide on the additional requirements:
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