Guide on Pag-IBIG Calamity Loan Requirements for Locally Employed Member-Borrowers
PAG-IBIG CALAMITY LOAN REQUIREMENTS IF YOU’RE EMPLOYED – Here is a list of the documents you must submit in applying for Pag-IBIG Calamity Loan.
Aside from cash, housing, and car loans, another loan type that is common among government agencies is the calamity loan. One of the state agencies with the said loan offer is Pag-IBIG Fund. Are you a member of Pag-IBIG Fund? You can check on some details below.
In times of calamity…
When calamity strikes your are and you are a Pag-IBIG Fund area, you may turn to the government agency’s calamity loan offer. It best suits those who need financial assistance after a calamity damaged their home or source of living.
Who are qualified to apply for Pag-IBIG Calamity Loan offer?
To qualify for this loan offer, the member-borrower should have posted at least twenty-four (24) monthly savings with at least one (1) monthly membership saving within six (6) months prior to the loan application.
To apply for the Pag-IBIG Calamity Loan, there are requirements that you must submit. The documents needed in applying for the loan offer depends whether you are locally employed, self-employed, or an overseas Filipino worker (OFW). If you are employed, you must prepare and submit the following general requirements and proof of income:
General Requirements:
- original copy of a duly-accomplished and signed Pag-IBIG Calamity Loan Application Form
- photocopy of a valid ID acceptable to the Fund
Proof of Income:
- The “Certificate of Net Pay” which is located at the back of the Pag-IBIG Calamity Loan Application Form must have been accomplished by your employer. Otherwise, you can submit a photocopy of one (1) of your latest payslip authenticated by an authorized signatory of the company you are working at.
You may also read – Pag-IBIG Salary Loan Requirements: List of Documents You Must Submit