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 self-employed members.
There is really a huge advantage in maintaining active accounts to Calamity Loan-providing entities. In times of natural disasters, you and your family can have something to turn to. Your membership can be your safety net against the unforeseen situations.
In the Philippines, one of the Calamity Loan-providing entities is the Pag-IBIG Fund. It has the Pag-IBIG Fund Calamity Loan that is open for members who have posted a minimum of 24 monthly contributions in their Pag-IBIG Regular Savings Account. Do you want to check the requirements for application?
There are varying requirements set among the salaried and the non-salaried members of the state entity in applyin for the Pag-IBIG Fund Calamity Loan. In the case of the self-employed individuals, here are the documents required by the Fund:
- duly-accomplished and signed Pag-IBIG Calamity Loan Application Form
- one (1) photocopy of valid ID acceptable to the Fund
- proof of income (any of the following):
- one (1) photocopy each of the ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit
- one (1) original copy of the Commission Vouchers reflecting the issuer’s name and contact details
- one (1) original copy of the Bank Statements or passbook for the last 12 months
- one (1) original copy of the Certified True Copy of Transport Franchise issued by appropriate government agency
- one (1) original copy of the Certificate of Engagement issued by the owner of business
- one (1) original copy of Notarized Affidavit of Income (HQP-SLF-136)
The Pag-IBIG Fund allows the members’ applications to be filed by the authorized representatives. In case the loan application will be filed by a representative, here are the additional documents that the Fund requires for submission:
- Authorization Letter
- one (1) photocopy of a valid ID of the representative
In case the natural disaster that affects the member is an El Niño phenomenon, there are additional requirements set by the Fund for submission. Here are the other documents that must be submitted to the Fund:
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