Guide on the Requirements for Pag-IBIG Calamity Loan 2024 Application Process
REQUIREMENTS FOR PAG-IBIG CALAMITY LOAN 2024 – You can check the list here for the documents required in applying for the Calamity Loan offer.
There is a huge benefit in maintaining an active account to the Pag-IBIG Fund. Aside from the fact you surely have savings, an active membership also gives members an access to the loans and many other services provided by the state office.
Another loan offer aside from the Pag-IBIG Cash Loan is the Pag-IBIG Calamity Loan. Truth be told that natural disasters are among the hardest circumstances to predict and prevent. In times of natural calamities, Fund members with updated accounts surely have a loan offer that they can turn to to help them in recovering from the impacts of a natural disaster.
Here are some of the natural disasters covered under the loan offer of the Pag-IBIG Fund:
- Typhoon
- Landslide
- Earthquake
- Tsunami
- Storm Sruge
- Volcanic Eruption
- Tornado
- El Niño and La Niña phenomena
Who are qualified to apply for the Calamity Loan offer of the Pag-IBIG Fund? There is a short list of eligibility requirements for the Pag-IBIG Calamity Loan application process. Here are the qualifications that the member must meet to qualify for the loan offer:
- a minimum of twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings
- in active membership, by having at least one (1) monthly membership savings within the last six (6) months prior to the date of loan application
- has proof of income
- If with an existing Pag-IBIG Housing Loan, Multi-Purpose Loan and/or Calamity Loan, the account/s must not be in default
Prepare the documentary requirements for the Pag-IBIG Calamity Loan application as well in applying for the offer. Here are the documents required by the Fund:
- duly-accomplished Pag-IBIG Calamity Loan Application Form
- Pag-IBIG Loyalty Card
- at least two (2) valid IDs
- proof of income
- Declaration confirming that the area is under a State of Calamity