How To: Apply for a Pag-Ibig Calamity Loan

In an article of Time Magazine November of last year, Philippines was named the most storm-exposed country in the world. With an average of 20 typhoons a year entering the Philippine Area of Responsibility (PAR), it is expected that damages will happen.

Thankfully, my family and our properties are safe after the storm Glenda. Some, however, were not fortunate enough. As of writing, at least 7 areas have been declared under the state of calamity. The fierce winds ripped off roofs, uprooted trees, and destroyed crops. With houses destroyed and means of living ruined, families need all the help they need to start anew.

Calamity loan FAQs
Photo Credit: Google

I've been a member of Pag-Ibig (Home Development and Mutual Fund) and Social Security System (SSS) about a decade ago when I started working. After I resigned from my job and became a stay-at-home mom, I continued paying my monthly contributions as a voluntary member. I've always felt that my membership with these institutions will be helpful should the need arises. In case of calamities, members of these government agencies can avail of loans. 

Below are frequently asked questions about Pag-Ibig's calamity loan.

Who are eligible? 

  • The calamity loan program is open to any Pag-IBIG member who:
    • Has made at least 24 monthly savings;
    • Is an active member with at least 5 monthly savings for the last 6 months as of month prior to the date of loan application; and
    • Resides in an area which is declared by the Office of the President or the Local Sanggunian concerned as under a state of calamity. 
  • If the member has an existing Housing Loan, Multi-Purpose Loan (MPL) and/or Calamity Loan, the account must not be in default as of the date of the loan application.

How much can one loan? 

  • An eligible member may borrow up to a maximum of 80% of his Total Accumulated Value (TAV) subject to the terms and conditions of the program.
    • TAV consists of the member's accumulated contributions, employer counterpart contributions, if any, and the dividend earnings credited to the member's account
  • The current interest rate for the Calamity Loan is 5.95% per annum.

What is the payment period? 

  • The Calamity Loan is amortized over a period of 24 months with a grace period of 3 months. Said member shall start paying his loan on the 4th month following the date of his DV/Check date.

Can a member still avail of a Calamity Loan even if he has an outstanding MPL/Calamity Loan? 

  • Yes, said member may still avail of a Calamity Loan subject to certain conditions. In no case, however, will the aggregate short-term loan (MPL and Calamity Loan) exceed 80% of the borrower’s TAV.
    • At any given time, a member can have both MPL and calamity loan, but only one calamity loan.

Until when can an eligible member avail of the loan?

  • Eligible borrowers must avail of the Calamity Loan within a period of 90 days from the declaration of a state of calamity.

What are the documentary requirements for the loan application?

  • Completely filled-up Calamity Loan Application Form*
  • Photocopy of at least 2 valid IDs
  • Proof of Income
  • For formally employed members, duly accomplished Declaration of Being Affected by Calamity*.
Said documents can be downloaded from the Pag-IBIG Fund website at or can be secured at any Pag-IBIG Fund office.

Where can one apply for a loan?

  • The borrower may submit his requirements to any Pag-IBIG Office nationwide. For inquiries, Pag-IBIG Fund’s hotline is open 24/7 – (02) 724-4244. E-mails can be sent to