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 the overseas Filipino worker (OFW) members.
A lot of Filipinos who are working abroad are members of the Pag-IBIG Fund. They are in the pursuit of maintaining loan-qualified accounts not only for their benefits but as well as their members’. The state entity has several loan offers.
The Fund is most popular for its Housing Loan offer which can finance up to Php 6 million per member and can finance multiple purposes. Aside from the Pag-IBIG Housing Loan offer, the state entity also offers a Calamity Loan.
The Pag-IBIG Fund Calamity Loan is ready to provide financial assistance to members who are living in areas greatly affected by earthquake, typhoon, volcanic eruption, tsunami, etc. It is open for both salaried and non-salaried individuals.
The loan offer is also open for the OFW members of the Fund. The state entity has set a different list of documents required from OFWs in applying for the loan offer. Here are the Pag-IBIG Fund Calamity Loan requirements for the OFW members:
- 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):
- Employment Contract
- Employment Contract between employee and employer (1 Photocopy); or
- POEA Standard Contract (1 Original)
- Certificate of Employment and Compensation (CEC)
- CEC written on the Employer/Company’s official letterhead (1 Original); or
- CEC signed by employer (for household staff and similarly situated employees) (1 Original), supported by a photocopy of the employer’s ID and passport
- Income Tax Return filed with Host Country/Government (1 Original)
- Employment Contract
If the overseas Filipino worker who want to apply for the loan offer is not available to process it personally, the member has an option to let an authorized representative do it for him/her. The representative must bring the following:
- Authorization Letter
- one (1) photocopy of a valid ID of the representative
The Pag-IBIG Fund Calamity Loan offer is open for victims of the El Niño phenomenon but there are specific additional documents for application. Here is 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