How to Apply for Pag-IBIG Calamity Loan: An Ultimate Guide

Last Updated on 06/10/2020 by FilipiKnow

A calamity destroys lives and livelihoods.

This is why it’s essential for the government to support its people financially after a calamity, whether it’s natural or man-made.

The Pag-IBIG Calamity Loan is one example of financial assistance offered by the government to help Filipinos rebuild their lives and properties after a tragedy.

This guide will show you how to avail of the Pag IBIG Calamity Loan and walk you through the whole process–from application to approval.

Related: How to Compute Your Pag-IBIG Contribution: A Complete Guide to Contribution Table and Payment


What is a Pag IBIG Calamity Loan?

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Aside from the opportunity of financing their dream homes, Pag-IBIG Fund members also enjoy the benefit of getting quick financial assistance in times of calamity.

The Pag IBIG Calamity Loan offers immediate financial aid to members living in calamity-stricken areas.

In order to qualify, the area must be declared under the State of Calamity by the President OR the Sangguniang Bayan (local government unit) upon the recommendation of the National Disaster Risk Reduction Management Council (NDRRMC) OR their local counterparts known as the Local Disaster Risk Reduction Management Council (LDRRMC), respectively.

Related: How to Apply for SSS Unemployment Benefit: An Ultimate Guide


Who are qualified to avail of the Pag IBIG Calamity Loan?

Pag-IBIG Fund members can avail of the calamity loan as long as they meet the following qualification requirements:

  • Must be an actively contributing member with at least twenty-four (24) monthly savings (Do you want to know if you’re qualified? Here’s how to check your Pag-IBIG contributions). If you’ve already withdrawn/claimed your Pag-IBIG contributions either upon membership termination or through optional withdrawal, you can’t avail of the calamity loan unless you pay the required 24 monthly savings after making the said withdrawal. On the other hand, members who failed to pay their contribution for 24 straight months may still be allowed to avail of the loan provided that their total savings are equivalent to the required 24 monthly savings, at the rate applicable to him;
  • Has paid at least one (1) monthly savings  within the last 6 months prior to the date of application;
  • With sufficient proof of income;
  • If with an existing/outstanding Pag-IBIG loan (housing loan, multi-purpose loan, or another calamity loan), payments must be updated and the account must not be in default in order to qualify;
  • Must have their place of residence (present or permanent address) or place of work declared under State of Calamity.

When can I avail of the Pag IBIG Calamity Loan?

Assuming that you meet all the qualification requirements listed in the previous section, you can avail of the calamity loan within a period of ninety (90) days from the declaration of a State of Calamity. 


How much may I borrow from the Pag IBIG Calamity Loan Program?

According to the Pag-IBIG Fund, the loanable amount (i.e., the amount of loan you can borrow) will be based on the LOWEST of the following:

1. Desired loan amount.

2. Loan entitlement – which is equivalent to 80% of the member’s TAV (Total Accumulated Value) or total regular Pag-IBIG savings (meaning your Pag-IBIG MP2 contributions are excluded), which consist of your monthly contributions, your employer’s contributions, as well as the accumulated dividends you’ve earned.

The table below shows how much calamity loan you can borrow based on the number of your monthly savings: From as low as Php 5,000 for those with a minimum number of membership contributions to Php 25,000 for those with 120 monthly savings or more.

Number of Membership Contributions
Amount (Php)
24-47 months
48-83 months
96-119 months
At least 120 months

However, if you have an existing/outstanding calamity loan from Pag-IBIG, you’ll only receive the difference between 80% of your total savings and the outstanding loan balance.

3. Capacity to pay – which means your loanable amount will be based on how much you earn. Upon applying the deductions to pay for the loan, your net take-home pay must not fall below the recommended minimum amount stated in the company policy or the General Appropriation Act, whichever is applicable.


How much is the interest rate for Pag IBIG Calamity Loan?

Taking into consideration the unfortunate situation the borrowers are in, the Pag-IBIG Fund offers the calamity loan with a 5.95% interest rate per annum, the lowest rate in the market.


What are the requirements for Pag IBIG Calamity Loan Application?

The borrower must submit the following requirements to any Pag-IBIG Fund office:

  1. Duly accomplished Pag-IBIG Calamity Loan Application Form (available at Pag-IBIG website and offices);
  2. Photocopy of at least 2 valid IDs;
  3. Proof of income (e.g., payslips, certificate of employment with compensation, income tax returns, etc.);
  4. Duly accomplished Declaration of Being Affected by Calamity (for formally employed members; also available at Pag-IBIG website and offices);
  5. Photocopy of payroll account, disbursement card, or deposit slip (for a newly-opened account). Pag-IBIG Fund releases the loan proceeds through the Loyalty Card Plus OR Landbank, DBP, or UCPB cash card.

How to File for Pag-IBIG Calamity Loan: Two Ways.

Option 1: Walk-in Application.

You can apply for a calamity loan at any Pag-IBIG office within 90 days after your place of residence or work has been put under the State of Calamity, provided that Pag-IBIG offices remain open and a nationwide lockdown hasn’t been implemented.

Here’s how you can file your application through this standard method:

  1. Download and accomplished the forms required for the calamity loan application (see the list of requirements in the previous section).
  2. Submit the duly-accomplished forms along with the other documentary requirements to any Pag-IBIG Fund branch/office.
  3. Wait for your application to be processed. Once approved, you’ll receive a text notification telling you that you can claim the loan proceeds through your payroll account/disbursement card.

Option 2: Online Application.

During instances when all Pag-IBIG offices are required to close temporarily and a nationwide calamity forces everyone to stay at home, members are encouraged to submit their loan applications online.

Such is the case with the recent pandemic that prompted President Rodrigo Duterte to sign Proclamation 929, placing the whole country under the State of Calamity.

The pandemic has led to an unprecedented number of job loss and business closures, hence the need for immediate financial aid for those who are affected.

Even though Pag-IBIG branches are temporarily closed, the Pag-IBIG Fund deploys skeletal teams/staff to process applications during critical periods like this.

To learn more about how to apply for a Pag-IBIG calamity loan online, please watch out for updates from the official Pag-IBIG Fund Facebook page. For instance, instructions on how to file calamity loan applications digitally amidst the pandemic can be seen here. 

Here’s a summary of the online application process:


  • Duly-accomplished Pag-IBIG Calamity Loan Application Form. You can download the form, print it out, fill in all the required information, sign it, and then scan/take a photo of it along with the other documentary requirements listed here. If you don’t have a printer at home, you can have the Adobe Acrobat Reader installed on your computer first so you can fill out the form digitally (the signature is not required if you’re filling it out digitally). Note that your employer/authorized company signatory will be required to sign on the Application Agreement portion of the form. You can send him/her a copy before or after filling out the form, whatever works for you;
  • Duly-accomplished Employer Confirmation of STL Application bearing your name. You can ask your authorized company representative or Fund Coordinator to download and fill out this form;
  • 1 valid ID;
  • Front and back images of your Loyalty Card Plus, or LandBank, UCPB, or DBP cash card. If this is your first time to borrow and you have none of the aforementioned cards, you’ll be advised by the Pag-IBIG Fund on how you’ll receive the loan proceeds.
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After filling out the application form, save it as a PDF and then send it to the authorized person (your company’s HR department, company representative, or Fund Coordinator) together with 1 valid ID and front and back of your Loyalty Card Plus OR LandBank, DBP, or UCPB cash card (scanned/photographed).

The authorized person will then need to send all the requirements to the e-mail address assigned to your employer’s office address:

pag ibig calamity loan 4
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As of this writing, the Pag-IBIG Fund accepts applications from members in the following areas:

  • NCR;
  • The whole Luzon;
  • Areas declared as under Enhanced Community Quarantine.

Upon approval, the members will receive a text notification confirming that the loan proceeds can already be withdrawn from their Loyalty Card Plus, LandBank, or DBP cash card.


How long is the processing period of the calamity loan application?

Upon submission of the requirements, it will usually take less than two days for the application to be processed and the loan proceeds to be released.

However, delays are expected when a calamity affects the whole country. In the case of the 2020 pandemic, for instance, the processing period is prolonged to 3 to 7 days which is understandable given the Pag-IBIG Fund has a limited workforce to handle the deluge of loan applications.


How can I claim/receive the Pag IBIG Calamity Loan?

After approval of your loan application, you’ll receive the money/loan proceeds through any of the following:

  • Disbursement card (i.e., Pag-IBIG Loyalty Card Plus);
  • Bank account through LandBank’s Payroll Credit Systems Validation (PACSVAL);
  • Check payable to the borrower (Note, however, that checks that are unclaimed for 30 days from the DV/Check date will cause the loan to be canceled);
  • Other acceptable modes to be announced by the Pag-IBIG Fund.

How to Pay the Pag IBIG Calamity Loan.

This section contains all the information you need to know about how you can pay the Pag-IBIG calamity loan and the penalties you’ll incur for late payment/non-payment.

1. How long am I going to pay for the Pag IBIG Calamity Loan?

The Pag-IBIG calamity loan is payable within a period of 24 months. It comes with an initial grace period of 3 months which means the first payment is due on the 4th month after the loan is released.

2. How can I pay my Pag IBIG Calamity Loan?

It depends on your membership category.

  • For formally-employed members: Payments will be made through salary deduction. In case this isn’t possible because of suspension from work, leave of absence without pay, insufficiency of take-home pay, or other related circumstances, the member should pay directly to the Pag-IBIG office;
  • For self-employed members, OFWs, and other types of individual payors: Monthly amortizations will be paid over the counter or any other modes of payment approved by the Pag-IBIG Fund. For instance, you can now pay your calamity loans online via Virtual Pag-IBIG. 

3. When is the deadline for payment for Pag IBIG Calamity Loan?

Monthly amortizations should be paid on or before the 15th day of each month starting on the 4th month after the loan release.

If the due date falls on a non-working day (i.e., holiday), payment should be made on the first working day following the original deadline/due date.

You can also pay the full amount of your outstanding loan balance prior to loan maturity. 

4. How much is the penalty if I fail to pay my Pag IBIG Calamity Loan on time?

The cost of the penalty is 1/20 of 1% of the unpaid amount to be applied for every day of the delay.

If you’re a formally-employed member paying through salary deduction, the said penalty can be reversed provided that you present proof that it’s the fault of your employer why the payment was remitted late. The penalties will then be subsequently charged to the employer.

5. What will happen if I don’t pay the Pag IBIG Calamity Loan?

Defaulting on a loan will cause your outstanding loan to be deducted from your Total Accumulated Value (TAV) or the total savings you’ve accumulated in your regular Pag-IBIG account. This will happen upon your request, provided that the non-payment is due to any of the following reasons as verified and approved by the Pag-IBIG Fund:

  • Unemployment;
  • Illness (of you or any of your immediate family members) as attested by a certification from a licensed physician;
  • Death of any of your immediate family members.

Tips and Warnings.

  • In case the member dies, the outstanding balance will be computed only up to the date of the borrower’s death. This means that if you have paid in advance and you die suddenly, all the payments received after the date of your death will be refunded to your beneficiaries.
  • If you terminate your Pag-IBIG membership before the loan maturity, the outstanding balance will be deducted from your TAV or the total amount you’ve accumulated in your regular Pag-IBIG Savings. 

Frequently Asked Questions.

1. I want to know if I’m qualified to avail of the Pag-IBIG Calamity Fund. How can I check or verify my total Pag-IBIG contributions?

2. How can I view my Pag-IBIG calamity loan status/records online?

3. What is the Total Accumulated Value (TAV) of Pag-IBIG?

4. Can I still avail of the Pag-IBIG Calamity Loan even if I have an existing loan with Pag-IBIG?

Luisito Batongbakal Jr.

Luisito E. Batongbakal Jr. is the founder, editor, and chief content strategist of FilipiKnow, a leading online portal for free educational, Filipino-centric content. His curiosity and passion for learning have helped millions of Filipinos around the world get access to free insightful and practical information at the touch of their fingertips. With him at the helm, FilipiKnow has won numerous awards including the Top 10 Emerging Influential Blogs 2013, the 2015 Globe Tatt Awards, and the 2015 Philippine Bloggys Awards.

19 thoughts on “How to Apply for Pag-IBIG Calamity Loan: An Ultimate Guide

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  6. How will it be credited for first time borrowers, and doesn’t have payroll account under LBP. DBP, UCPB and cash card?
    Thank you in advance.

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