Steps for Pag-IBIG Calamity Loan 2023 Application Process
PAG-IBIG CALAMITY LOAN 2023 – Here is a complete guide on the loan offered for the Pag-IBIG Fund members affected by a natural disaster.
Pag-IBIG Fund members has a turn to for aid in times of natural calamities – the Calamity Loan offer. The said loan aims to help the members recover from the impacts of a devastating natural disaster by providing finances under flexible and light monthly repayments.
Like in most loan offers, there is an eligibility criteria under the Pag-IBIG Calamity Loan 2023. To be eligible to apply for the offer, the borrower must 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.
The member-borrower must be living in an area declared under a State of Calamity by the Sangguniang Bayan or the Office of the President. The Pag-IBIG Fund has cited how much members may borrow under the Calamity Loan offer.
The interest under the Pag-IBIG Calamity Loan offer is implemented under an annual basis. The loan is open for employed, self-employed, and OFW members of the government agency.
The requirements for the Pag-IBIG Calamity Loan application processed by the member-borrower himself/herself is different from the documentary requirements for Pag-IBIG Calamity Loan application filed by an authorized representative.
With regards to applying for offer, you can do it personally at any branch of the government agency nearest to you or online. You can download the Pag-IBIG Calamity Loan Application Form online to save time, money, and energy.