Ohmyhome

Ohmyhome

Share on facebook
Share on twitter
Share on email
Share on whatsapp

Written by: Rita Magallona

Countries worldwide have enacted public health measures to address the COVID-19 pandemic, and the Philippines is no exception. Last March 16, 2020, the president enacted the Luzon enhanced community quarantine (ECQ) to prevent the spread of the coronavirus and avoid overburdening the nation’s health care system.

Has your livelihood been affected by the ECQ? If you’re a Pag-IBIG member, you can now apply for a Calamity Loan or a Multi-Purpose Loan. The Home Development Mutual Fund offers this loan to persons affected by natural disasters like typhoons, earthquakes, or the recent Taal volcano eruption.
What makes the COVID-19 calamity loan different is that you can apply for it via email, allowing you to observe social distancing while getting the financial assistance you need.

To avail of the calamity loan, follow these steps:

Step 1: Fill out the fillable Calamity Loan Application Form (CLAF, HQP-SLF-006); you don’t need to sign. Then save it as a PDF file.

Step 2: Email the PDF file to your company HR, authorized company representative, or Fund Coordinator along with

  • An image of at least one valid ID
  • Front and back images of your Loyalty Card Plus or Landbank, UCPB, or DBP cash card.

The company HR or authorized representative or Fund Coordinator will then email the following to the Pag-IBIG Fund email address designated for your area.

The loan is payable within 24 months and is charged with a low interest rate of 5.95% per annum. The loan proceeds would be paid through your Pag-IBIG Loyalty Card Plus (powered by AUB and Unionbank), or your Landbank, UCPB, or DBP cash card.

Normally, the calamity loan has a deferred first payment. But with the three-month payment moratorium on all loans, you can make your first payment three months later if you have due dates between March 16, 2020 and June 15, 2020. To apply for the payment moratorium, visit the Virtual Pag-IBIG page.

If you need more details, contact Pag-IBIG directly. Or, fill out the information form at the bottom of the Pag-IBIG Multi-Purpose Loan page.

Don’t forget to kep your family safe from COVID-19 with these cleaning tips for a virus-free home.

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Contact us your way

Talk to us today. Available daily 9 AM to 9 PM (GMT +8)

Subscribe Now

Get a notification every time we upload a new blog post.

SHARE WITH YOUR FRIENDS!

Share on facebook
Share on twitter
Share on whatsapp
Share on email

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Featured Blogs

Your one-stop guide for must-know HDB tips

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Ohmyhome E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

OHMYHOME E-VALUATION