PIA Press Release
Friday, January 27, 2012
Pag-IBIG Fund accepts calamity loan applications from members in Valencia Cityby Apipa P. Bagumbaran
CAGAYAN DE ORO CITY, Jan. 27 (PIA) -- As part of its efforts to extend assistance to members who were affected by the recent calamities, the Home Development Mutual Fund or the Pag-IBIG Fund is offering calamity loan assistance to members in Valencia City, Bukidnon.
In its latest advisory, the Pag-IBIG Fund announced that its Cagayan de Oro Branch and Malaybalay Extension Offices are now accepting calamity loan applications from member-victims residing in Valencia City.
The city was declared under the State of Calamity per Resolution 5892012 of the City Council of Valencia.
Accordingly, an active member who is residing in the area declared as calamity-stricken, and has made at least 24 monthly contributions can avail up to 80 percent of his/her Total Accumulated Value.
If the member has an outstanding multi-purpose loan, it shall be deducted from the proceeds of the calamity loan.
Interested members who are eligible to borrow should submit a duly-accomplished calamity loan application form, two (2) valid identification cards, and Certificate of Net Take Home Pay to Pag-IBIG offices in the cities of Cagayan de Oro and Malaybalay. (PIA-10)