The recent 6.9-magnitude earthquake that struck Cebu has left thousands of families displaced and properties damaged. In response, Pag-IBIG Fund members living in areas declared under a state of calamity may now apply for a Pag-IBIG Calamity Loan to help them recover financially.
Who Can Apply?
Pag-IBIG members who:
- Reside in Cebu areas officially declared under a state of calamity.
- Have made at least 24 monthly contributions.
- Have an active Pag-IBIG membership at the time of application.
Areas Declared Under State of Calamity
As of the latest reports, the following have declared a state of calamity due to the Cebu earthquake:
- Cebu Province – The entire province was placed under a state of calamity.
- Bogo City – One of the hardest-hit areas with major damage and casualties.
- San Remigio – Declared a local state of calamity due to structural damage.
Note: This list is based on initial media reports. The official list of covered areas may expand as more LGUs make declarations. Always check official LGU announcements, NDRRMC updates, or Pag-IBIG advisories for confirmation before filing your loan.
Loan Features
- Borrow up to 80% of your Pag-IBIG Regular Savings (contributions + employer share + dividends).
- Low interest rate of 5.95% per year.
- Two-year repayment term with a grace period on the first payment.
How to Apply
You can apply for the Pag-IBIG Calamity Loan either:
- Online via the Virtual Pag-IBIG website, or
- In person at the nearest Pag-IBIG branch.
Make sure to bring a valid ID and proof of residence in the declared calamity area.
Blogger’s Corner
If you’re one of those affected by the Cebu earthquake, this is one small way Pag-IBIG can help you rebuild. While no loan can ever replace what was lost, having quick access to affordable financing can ease the burden while waiting for longer-term recovery assistance.
For the full step-by-step process, check out my complete guide here: Pag-IBIG Calamity Loan Guide.