Pag-IBIG Fund has launched the Special Assistance for Financial Emergencies (SAFE) Loan program to provide qualified members with up to P10,000 in affordable cash assistance as Filipino households continue to feel the economic effects of the ongoing conflict in the Middle East.
Department of Human Settlements and Urban Development Secretary and Pag-IBIG Fund Board Chairman Jose Ramon Aliling said the SAFE Loan offers additional support to members grappling with higher fuel prices and increases in electricity, transportation, and other daily expenses.
“Pag-IBIG Fund is offering the SAFE Loan so qualified members may have access to affordable cash assistance for urgent household needs, especially as the effects of the Middle East conflict continue to be felt in fuel, electricity, transport and other daily expenses here at home,” said Aliling.
Aliling noted that while recent developments overseas have raised hopes that tensions may ease, it may take time before fuel prices and related costs stabilize, making the loan program a practical source of financial assistance for members.
Under the program, qualified members may borrow up to P10,000 or 90 percent of their total Pag-IBIG Regular Savings, whichever is lower. The loan carries an interest rate of 5.95 percent per annum and may be repaid over one, two, or three years.
Members with existing Multi-Purpose Loans or Calamity Loans may still avail themselves of the SAFE Loan, subject to the 90-percent borrowing limit on their total Pag-IBIG short-term loans. Applications for the SAFE Loan may be filed until Sept. 8, 2026.
Pag-IBIG Fund Chief Executive Officer Marilene Acosta said the program is designed to give members quick access to affordable financing and help them avoid high-interest lenders.
“We made the SAFE Loan simple and easy to access so our members can apply with greater convenience and receive their loans quickly once approved,” Acosta said.
Members may apply through Virtual Pag-IBIG or at any Pag-IBIG Fund branch, with loan proceeds credited directly to their Pag-IBIG Loyalty Card Plus. According to Acosta, a P10,000 loan payable over three years would require monthly payments of as low as P308.
She also urged borrowers to settle their obligations on time to ensure that Pag-IBIG Fund’s programs remain sustainable and continue benefiting more Filipino workers and their families.
