Guide on Pag-IBIG Cash Loan Requirements for Application
PAG-IBIG CASH LOAN REQUIREMENTS – Here are the documents needed in applying for Pag-IBIG Multi-Purpose Loan (MPL) offer.
Have you heard about the Multi-Purpose Loan (MPL) offer of Pag-IBIG Fund? It is a cash loan offer for the members of the government agency who have short-term financial needs. It is open not only for employed and self-employed members of the government agency but as well as overseas Filipino workers (OFWs).
There are different Pag-IBIG Cash Loan requirements set depending on the source of income of the applicant. You can check all the lists below to find out which is applicable to you.
For employed individuals who want to apply for the Pag-IBIG Cash Loan offer, the following documents are needed:
- duly-accomplished and signed Multi-Purpose Loan Application Form
- one (1) photocopy of valid ID acceptable to the Fund
- proof of income:
- “The “Certificate of Net Pay” portion at the back of the application form must be accomplished by the employer or submit photocopy of one (1) month latest payslip duly authenticated by the company’s authorized signatory”
For self-employed applicants of the loan, the following Pag-IBIG Cash Loan requirements are needed for application:
- duly-accomplished and signed Multi-Purpose Loan Application Form
- one (1) photocopy of valid ID acceptable to the Fund
- proof of income (any of the following):
- original copy of Bank Statements or passbook for the last 12 months
- photocopy of Income Tax Return (ITR), Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit
- original copy of Notarized Affidavit of Income
- original copy of Commission Vouchers reflecting the issuer’s name and contact details
- Certified True Copy of Transport Franchise issued by appropriate government agency (original)
- original copy of Certificate of Engagement issued by the owner of business
For overseas Filipino workers (OFWs) who want to apply for the offer, prepare these documents:
- duly-accomplished and signed Pag-IBIG Multi-Purpose Loan Application Form
- one (1) photocopy of valid ID acceptable to the Fund
- proof of income (any of the following in original copy):
- Employment Contract
- photocopy of Employment Contract between employee and employer or original copy of POEA Standard Contract
- Certificate of Employment and Compensation (CEC)
- Income Tax Return (ITR) with Host Country or Government
- Employment Contract
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