Pag-IBIG Fund announced last Friday, 4 November, that the agency has allocated P5 billion in calamity loan funds to help members affected by Typhoon Paeng.
“We are ready to help our members affected by Typhoon Paeng with our Calamity Loan program. That is why we have set aside P5 billion in calamity loan funds to help them recover from the damages caused by the typhoon,” according to Secretary Jose Rizalino L. Acuzar of the Department of Human Settlements and Urban Development.
Under the Pag-IBIG Calamity Loan, eligible members may borrow up to 80% of their total Pag-IBIG Savings, which consist of their monthly contributions, the counterpart employer’s contributions, and accumulated dividends earned.
The loan is payable over a period of up to three years, with a grace period of three months so that initial payment is due only on the fourth month after the loan is released.
Qualified borrowers may apply for the calamity loan within 90 days from the date when an area has been declared under a state of calamity.
Recent News
Two bettors who won the jackpot prizes of two separate lotto games claimed their winnings
A bettor from San Jose del Monte, Bulacan hit the massive jackpot prize of the
LAOAG CITY – Over 3,000 residents of Ilocos Norte benefited from vital health services and assistance
An Overseas Filipino Worker in Middle East on vacation in the Philippines emerged as the
The Philippine Amusement and Gaming Corporation (PAGCOR) was invited to a briefing held by the
The Philippine Charity Sweepstakes Office (PCSO) donated wheelchairs to the 2nd District of South Cotabato
Mezzanine Floor Richwell Center
102 Timog Avenue, Quezon City
Philippines 1103
In 2016, the company became a corporation. Started as a television production outfit in 2002, BMUI evolved from one television show titled “BITAG”.
Mezzanine Floor Richwell Center
102 Timog Avenue, Quezon City
Philippines 1103
In 2016, the company became a corporation. Started as a television production outfit in 2002, BMUI evolved from one television show titled “BITAG”.
