Pag-IBIG FUND CALAMITY LOAN

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LOAN PURPOSE
The program provides financial assistance to Pag-IBIG member-victims in calamity-stricken areas.

BORROWER ELIGIBILITY
Member must have made at least 24 monthly contributions;
Member is actively paying contributions at the time he applies for a loan, and commits to continuously remit contributions for the term of the loan.
A resident of the area which is declared calamity-stricken.

LOAN AMOUNT
The member is entitled to borrow up to 80% of the Total Accumulated Value (TAV) of his savings.
For members with existing MPLs, the outstanding loan balance shall be deducted from the proceeds of the calamity loan.

INTEREST RATE
The loan is charged an interest rate of 10.75% per annum. Interest for the grace period is capitalized and amortized over the term of the loan.

LOAN PERIOD/RENEWAL
The loan shall be amortized over a period of 24 months with a grace period of 5 months.
Should another calamity occur in the same area, a borrower may renew his calamity loan any time. The outstanding balance of his existing loan, together with any accrued interests, penalties and charges, shall be deducted from the proceeds of the new loan.

AVAILMENT PERIOD
The Pag-IBIG member-victim must avail himself of the Pag-IBIG Calamity Loan within a period of 90 days from the occurrence of the calamity.

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Posted on September 30, 2009, in ANNOUNCEMENT and tagged , , . Bookmark the permalink. 8 Comments.

  1. Affordable Luxury Homes for “SEAMAN” and family in Cebu Philippines.

    http://www.facebook.com/pages/CEBU-PAGE/206542952698730

  2. gusto ko malaman kung saang mga lugar dito sa region 8 ang sakop ng calamity loan (mga lugar)na maaaring mag avail nito.

    maraming salamat po.

  3. mochang12@yahho.com

    pwede po ba malaman dito kung kami po na nakakuha na ng housing loan as of now pa lang e,papano po kaya yun as a member na cuntrivition po namin na monthly,nag start pa lang kami ng pag huhulog sa housing loan nito fev.2010,gusto ko lang malaman kasi yun sa as member kung panu at kailan dapat na maghulog at san ako maghuhulog? pls.paki sagot na lang po ako sa email ko ito.asahan ko po sagot nyo,ng malaman ko kung kailan ako maghuhulog as member,
    thanks!
    Mrs.Marissa Arce

  4. richmon g. valencia

    I am presently working at sm pampanga branch. And i am member of Pag ibig for almost six years. My concern is, how can i transfer my pag-big fund contributions/premiums to our provincial branch?

  5. sir/mam,

    Im applying for a calamity loan but when i check out my contribution it was not complete when in fact i was a member for almost 20yrs now and actually having a loan balance from my 1st loan as proof that i am a legal member of pag-ibig, also i have a copy of my payment from my employer but the question is.. why should i have to collect files of my contribution to other branch then transfer to another branch? why the member have to do this instead your oficce have this complete files of contribution of every members? hoping for your kindness to reply in the email above. thank you!

  6. MARIGOLD RAAGAS ESPORLAS

    GUSTO KO LANG MALAMAN KUNG MERON NA KONG CHECK KASI UNTIL NOW DI KO MAKONTAK UNG NGA NUMBERS NA NAKALAGAY SA PAG-IBIG PARA MAG-FOLLOW UP. PURO BUSY KUNDI NAMAN PURO RING LANG.
    NAKAKA-INIT NG ULO.

  7. MARIGOLD RAAGAS ESPORLAS

    ANG HIRAP MAKA KONTAK SA PAG-IBIG PARA MAG-FOLLOW UP NG CHECK
    NASASAYANG ANG PAMASAHE NAMING MGA PAG-IBIG MEMBER PARA LANG ACTUAL NA MAG-TANONG SA PAG-IBIG OFFICE TAPOS WALA RIN NAMAN PALANG CHECK NA MAKUKUHA. SANA KUNG MAY WEBSITE NA PWEDENG MALAMAN KUNG GRANTED UNG LOAN NG BAWAT MEMBER PARA DI NA DOBLE BIYAHE AT DI NA RIN AKSAYA SA PANAHON AT PERA PARA LANG MALAMAN KUNG GRANTED KA O HINDI.
    MALAKING TULONG PO ITO PARA SA AMIN AT PARA SA INYONG NAG AASIKASO NG LOAN.
    SANA BIGYAN NG PANSIN ANG MUNGKAHI KONG ITO
    MARAMING SALAMAT PO.

  8. Sir/Mam,
    Im Mr Jun Antonil Sanga, I applied for calamity loan last October and it was released last oct 17 2009 but the amount was very small due to my unpaid balance but ny company was already deducted for my previous loan for 9 months.My company name is GRANDSPAN DEVELOPMENT CORPORATION .I just want to ask why it was happened.Thank you and I hope that you will reply in the email above.

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