by Info @Brand Zone | July 23, 2025
File Photo: Bagyong #CrisingPH - MDRRMO Rizal
Pag-IBIG Fund has mobilized its Calamity Loan Program to assist members
affected by Typhoon Crising, in line with the directive of President Ferdinand
Marcos, Jr. to deliver immediate support to Filipinos in disaster-hit areas.
“We are ready to assist our members affected by Typhoon Crising through the
Pag-IBIG Calamity Loan,” said Secretary Jose Ramon P. Aliling, head of the
Department of Human Settlements and Urban Development and chairperson of
the 11-member Pag-IBIG Fund Board of Trustees. “We continue to closely
monitor developments and are prepared to provide immediate aid in areas that
may be declared under a state of calamity in the coming days. This is part of our
continuing effort in heeding the call of President Marcos to deliver timely relief
and support to those in need.”
Under the Pag-IBIG Calamity Loan Program, qualified members may borrow up
to 90% of their total Pag-IBIG Savings, which consist of their monthly savings,
employer counterpart contributions, and earned dividends. The loan carries an
interest rate of 5.95% per annum, the lowest for cash loans in the market, and is
payable over a period of up to three years, with a three-month grace period
before the first payment is due. Members may file their loan applications within
90 days from the declaration of a state of calamity in their area.
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, stated
that Pag-IBIG branches are now in coordination with local government units in
their respective areas for the deployment of the agency’s mobile branch, the
Lingkod Pag-IBIG On-Wheels, to receive applications for loans from members,
as well as insurance claims from current Pag-IBIG Housing Loan borrowers
whose properties have been damaged due to the typhoon.
“When calamities strike, we at Pag-IBIG understand that our members in affected
areas need immediate financial assistance. For this reason, we make sure that
all our services and benefits remain accessible to our members. Even while our
offices and personnel in typhoon-hit areas have also been affected, our branches
remain open and are ready to receive loan applications and housing loan
insurance claims. We are also set to deploy our Lingkod Pag-IBIG On-Wheels to
initially go around these areas once roads are accessible, to further bring our
services closer to our members who are most in need. And, for members who
have internet access, the Virtual Pag-IBIG is ready to accept their Calamity Loan
applications online. During these trying times, our members can continue to
count on Lingkod Pag-IBIG,” said Acosta. (END)
Download Virtual Pag-IBIG app today via Google Play and App Store.