The Pag-IBIG Fund offers the SAFE Loan to help members during the aftermath of the Middle East conflicts
The Pag-IBIG Fund offers a Special Emergency Financial Assistance or Secured Loan, which provides eligible members with up to P10,000 in affordable financial assistance for emergency needs amid the ongoing effects of the Middle East conflict, officials announced.
The aid is part of the ongoing Pag-IBIG Fund to support Filipino workers and their families, in line with the directive of President Ferdinand R. Marcos, Jr. to provide timely and practical assistance to the Filipino people in times of need. It follows a package of special benefits previously extended to overseas Filipino workers (OFW) repatriated from the Middle East.
Department of Human Settlements and Urban Development Secretary and Pag-IBIG Fund Board Chairman Jose Ramon P. Aliling said the SAFE Loan is another way for Pag-IBIG Fund to provide practical assistance to members as the government continues to help Filipino families manage the effects of development abroad.
“President Marcos has directed government agencies to bring timely and effective assistance to Filipino families, especially in times of need,” Mr. Aliling said. “In response, the Pag-IBIG Fund offers the SAFE Loan so that eligible members can get affordable financial assistance for urgent household needs, especially as the effects of the Middle East conflict continue to be felt on fuel, electricity, transportation and other daily expenses here at home.”
Mr. Aliling said the SAFE Loan is also part of the Pag-IBIG Fund's comprehensive response to the effects of the Middle East situation, following the package of special benefits given to repatriated OFW members.
“We first extended help to our OFW members who were repatriated because they were directly affected by the situation in the Middle East,” said Mr. Aliling. “Now, we are also providing more support to deserving members at home who may feel results in their daily expenses. The Pag-IBIG Fund is here to provide practical, affordable and accessible assistance.”
While recent developments abroad have raised hopes that tensions may ease, the Pag-IBIG Fund said it may take some time before fuel prices and related daily costs return to normal. SAFE Loan is offered as a practical help that eligible members can turn to for immediate household needs.
Under the SAFE Loan, eligible members may borrow up to P10,000 or up to 90% of their total Pag-IBIG Standard Savings, whichever is lower. The loan has a low interest rate of 5.95% per annum and may be repaid over one, two or three years, depending on the repayment period the member chooses. Members with an existing Pag-IBIG Multi-Purpose Loan or Calamity Loan can still avail of the SAFE Loan. The amount they can get will depend on how much they can still borrow from their Pag-IBIG Regular Savings, so that their total Pag-IBIG Short Term Loan, including the SAFE Loan, stays within the 90% allowed limit. This gives deserving members another source of help at this time. Applications can be submitted until September 8, 2026.
Pag-IBIG Fund Executive Officer Marilene C. Acosta said the SAFE Loan allows eligible members to get quick and affordable financial assistance for urgent needs, offering them a safe alternative to abusive or high-interest loans.
“We have made the SAFE Loan simple and accessible so that our members can easily apply and receive their loan quickly once approved,” said Ms. Acosta. “They can apply through Virtual Pag-IBIG or at any Pag-IBIG Fund branch, and the loan can be credited directly to their Pag-IBIG Loyalty Card Plus. Its low interest rate, flexible payment terms, and three-month grace period before the first payment make it a more affordable option than many other loan options available elsewhere. P10,000 monthly repayment over three years, P3000 down payment, P10,000 to give members a manageable way to meet urgent needs without borrowing money at high interest.”
Ms. Acosta also reminded the members that repaying the loan on time helps keep the Pag-IBIG Fund programs strong and available to more members who may need assistance.
“The Pag-IBIG Fund is built on the savings and loyalty of its members,” said Ms. Acosta. “When members borrow responsibly and pay on time, they help keep our programs available so we can continue to provide affordable assistance to more Filipino workers and their families.”
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