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Story: Josephine M. Mendoza
With Reports from PIA 8
PagIBIG Fund announces opening of the Calamity Loan Program and a one-month moratorium for housing loan payment for members in Eastern Visays who were affected by the onslaught of Typhoon #KristinePH.
Pag-IBIG Fund Acting Area Head for North Central and Eastern Visayas, Alectys Bajarias, informed that members residing or working in areas placed under a state of calamity may apply to avail of a calamity loan and 1-month payment moratorium to housing loans.
Intended to mitigate difficulties from losses and damages incurred by members in areas of region 8 declared under a state of calamity, the announcement was made during the Kapihan sa Bagong Pilipinas hosted by the Philippine Information Agency (PIA) 8 on November 12, 2024.
Qualified members can apply for a loan equivalent to up to 80% of total PagIBIG regular savings at a low annual interest of 5.95%. The load can be made payable within 2 to 3 years.
Meanwhile, no additional charges will be made to the one-month housing loan payment moratorium.
Qualified members may apply thru virtual Pag-IBIG or at the nearest Branch and satellite offices until December 31, 2024.
With Reports from PIA 8
PagIBIG Fund announces opening of the Calamity Loan Program and a one-month moratorium for housing loan payment for members in Eastern Visays who were affected by the onslaught of Typhoon #KristinePH.
Pag-IBIG Fund Acting Area Head for North Central and Eastern Visayas, Alectys Bajarias, informed that members residing or working in areas placed under a state of calamity may apply to avail of a calamity loan and 1-month payment moratorium to housing loans.
Intended to mitigate difficulties from losses and damages incurred by members in areas of region 8 declared under a state of calamity, the announcement was made during the Kapihan sa Bagong Pilipinas hosted by the Philippine Information Agency (PIA) 8 on November 12, 2024.
Qualified members can apply for a loan equivalent to up to 80% of total PagIBIG regular savings at a low annual interest of 5.95%. The load can be made payable within 2 to 3 years.
Meanwhile, no additional charges will be made to the one-month housing loan payment moratorium.
Qualified members may apply thru virtual Pag-IBIG or at the nearest Branch and satellite offices until December 31, 2024.
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Acting Area Head Bajarias also informed that for the period covering July 2022 to September 2024, PagIBIG released over Php1.42 billion in terms of multi-purpose loans that is indicative of PagIBIG’s continued commitment to support Filipino workers to own a house.
For the same period, PagIBIG was able to make members avail of a calamity loan. The amount of P87.4 million was released for the purpose.
“PagIBIG Fund is a reliable partner of Filipino workers in the fulfillment of their dreams to have a house of their own,” Bajarias said and continued that “PagIBIG Fund recognizes the strong support of its members by regularly paying their dues in terms of premiums and loans.(CJ/JMM/PIA8)
For the same period, PagIBIG was able to make members avail of a calamity loan. The amount of P87.4 million was released for the purpose.
“PagIBIG Fund is a reliable partner of Filipino workers in the fulfillment of their dreams to have a house of their own,” Bajarias said and continued that “PagIBIG Fund recognizes the strong support of its members by regularly paying their dues in terms of premiums and loans.(CJ/JMM/PIA8)
- Calbayog Journal, November 12, 2024
