Guide on Pag-IBIG Fund Calamity Loan Requirements for Locally Employed Member-Borrowers
PAG-IBIG FUND CALAMITY LOAN REQUIREMENTS 2024 – For the employed members, here are the documents required for the loan application.
Many people failed to realize the importance of being a member of the government agencies until a calamity has taken place and they have no one to turn to financially. A membership to a state entity may qualify you for a Calamity Loan that can help you and your family in times of unstoppable natural disasters.
In times of calamity…
When a natural disaster has struck your place leaving it in a state of calamity and you are a member of the Pag-IBIG Fund with a qualified account, you may turn to the Calamity Loan offer of the Fund. It is one of the three (3) major Pag-IBIG Fund loans that were crafted for the benefits of the members.
Who are qualified to apply for Pag-IBIG Calamity Loan offer?
Like in the other loan offers of the Fund, there are qualifications for application under the Calamity Loan offer. To qualify, a member-borrower must have posted at least 24 monthly savings. One of which must be a monthly savings posted within six (6) months before the loan application.
Aside from the eligibility requirements or the qualifications, it is important to prepare and submit the Pag-IBIG Fund Calamity Loan requirements for application. The loan offer is open for both salaried and non-salaried members of the state entity including the overseas Filipino workers (OFWs).
In the case of the locally-employed individuals who are members of the state entity, here is a guide on the Pag-IBIG Fund Calamity Loan requirements set for submission to apply:
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.
The amount you may borrow under the Pag-IBIG Calamity Loan may vary depending if you have an existing loan or none.