Calamity loan available for quake, flood victims: Pag-IBIG

ABS-CBN News

<p>MANILA -- The Pag-IBIG Fund on Friday said victims of a powerful Mindanao quake and the flooding in Eastern Samar can avail of calamity loans from them.</p><p>A powerful earthquake that rattled Mindanao last week has triggered at least 120 aftershocks as of Thursday.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/11/23/23/mindanao-quake-spawns-120-aftershocks">Mindanao earthquake spawns 120 aftershocks</a></li></ul><p>Meanwhile, parts of northern Samar were submerged in flood after a shear line brought rains to the area.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/multimedia/video/11/23/23/ilang-pamilya-sa-n-samar-nananatili-sa-evacuation-center">Patrol ng Pilipino: Ilang pamilya sa Northern Samar, nananatili sa evacuation center</a></li></ul><p>In a statement, the Home Development Mutual Fund (HDMF) said eligible members may borrow up to 80 percent of their total Pag-IBIG Savings.</p><p>The loan is offered at 5.95 percent per annum, which is the lowest rate in the market. The loan is payable over a period of up to three years, with a grace period of three months--which means the initial payment is due only on the fourth month after the loan is released.</p><p>Quake and flood victims may avail of a loan within 90 days from the date when an area has been declared under a state of calamity.</p><div><strong>RELATED STORY:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2879260" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

The Pag-IBIG Fund said victims of the Mindanao quake and floodings in Samar can avail of calamity loans from them. 

Calamity loan available for quake, flood victims: Pag-IBIG | ABS-CBN

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Calamity loan available for quake, flood victims: Pag-IBIG

Calamity loan available for quake, flood victims: Pag-IBIG

ABS-CBN News

Published Nov 24, 2023 05:22 PM PHT

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Pag-ibig

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