Pag-IBIG Calamity Loan: How Much a Typhoon Odette Victim May Borrow

Guide on Pag-IBIG Calamity Loan Loanable Amount

PAG-IBIG CALAMITY LOAN – Here is a guide on how much a Pag-IBIG Fund member and Typhoon Odette victim may borrow under this offer.

Many areas in the Philippines were ravaged by Typhoon Odette. The said calamity which is the strongest typhoon to have hit the country this year brought heavy rains and strong winds that caused the loss of lives, damages to structures, and loss of the source of living of many people.

PH has prepared for Typhoon Odette. The forecasts prompted massive preparations most especially on the part of the calamity rescuers. Pre-emptive evacuations were also done in flood-prone areas. However, still, the calamity left its own mark.

Many people lost their homes to the strength of Odette. Several houses were destroyed by the strong winds and heavy rains. Some were hit by falling trees.

Many Filipino families now are staying in temporary shelters and evacuation centers. Several government agencies are on the move to help the victims of the typhoon.

Pag-IBIG Fund has its offer for its members who were affected by Typhoon Odette – the Pag-IBIG Calamity Loan. You can borrow a part of your savings from the government agency.

How much a member who was affected by Typhoon Odette borrow under the Pag-IBIG Calamity Loan? In its recent update, the government agency stated that a typhoon victim who is its member may borrow up to 80% of his or her savings. For example, if your total savings is P40,000.00, you may borrow up to P32,000.00 of your savings.

According to the agency, the qualified borrowers may avail of the Calamity Loan offer within 90 days from the date when the area has been declared under a state of calamity. Do you want to apply for the said loan offer? You may visit – Pag-IBIG Calamity Loan Application Form.