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The balance of the existing MPL will be deducted from the allowable loan threshold (80% of Pag-IBIG Regular Savings), and the difference shall be allocated for the Calamity Loan.
The loan shall be charged an interest rate of 10% per annum until fully paid, computed on a diminishing principal balance and shall be amortized over a period of twenty-four (24) months. 3.
❓ How Much is the Calamity Loan in Pag-IBIG? As mentioned, qualified Pag-IBIG members can borrow up to 80% of their total Pag-IBIG regular savings. It includes monthly contributions as well as employers contributions. Your Pag-IBIG calamity loan amount may also consist of any accumulated dividends earned.
You can avail of the SSS calamity loan this 2023 in the aftermath of natural disasters, such as typhoons and earthquakes, as long as the town or city youre living in is declared by the National Disaster Risk Reduction and Management Council (NDRRMC) as calamity-stricken.
If release thru UBP Quick Cards: The loan proceeds shall be credited to member-borrowers account within three (3) to five (5) working days from approval date of the loan. Member-borrowers may avail of UBP Quick Cards at UBP Kiosks located at selected 26 SSS Branches.
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Pag-IBIG Fund members can go to Virtual Pag-IBIG for a calamity loan. Heres how to apply for a calamity loan online: Visit .pagibigfund.gov.ph for your calamity loan online application.
The member must: - have at least thirty-six (36) posted monthly contributions, six (6) of which should be posted within the last twelve (12) months prior to the month of filing of application. be a resident of the calamity declared areas and suffered losses/damages to their properties.
The loan is payable within three years or 36 months with the initial payment due on the 3rd month after the loan release. Members may also opt to pay their loans in two years or 24 months. If you are an employed member, you may pay your loan amortizations via a salary deduction arrangement with their employer.

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