Guide on Pag-IBIG Cash Loan Requirements depending on Member’s Source of Income
PAG-IBIG CASH LOAN REQUIREMENTS – You can check the list of documents below needed for Pag-IBIG Multi-Purpose Loan (MPL) application.
Are you planning to apply for the cash loan offer of Pag-IBIG Fund, the Multi-Purpose Loan (MPL) offer? It was crafted to help address the short-term financial needs of members of the government agency.
Under the MPL, you may borrow up to 80% of your total Pag-IBIG savings. You can check on the Pag-IBIG Cash Loan requirements below.
What are the Pag-IBIG Cash Loan requirements? The documents needed in applying for the offer of the government agency depends if you are employed, self-employed, or an overseas Filipino worker (OFW). You can refer to the discussion below to check on what documents you will need.
If you are employed…
If you are employed to the private or public sector, you need to prepare a duly-accomplished and signed Multi-Purpose Loan Application Form and one (1) photocopy of valid ID acceptable to the Fund. 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.
If you are self-employed…
If you are self-employed or running a business, you must submit a duly-accomplished and signed Multi-Purpose Loan Application Form, one (1) photocopy of valid ID acceptable to the Fund, and any of the following:
- original copy of Notarized Affidavit of Income
- original copy of Certificate of Engagement issued by the owner of business
- original copy of Bank Statements or passbook for the last 12 months
- Certified True Copy of Transport Franchise issued by appropriate government agency (original)
- 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 Commission Vouchers reflecting the issuer’s name and contact details
If you are an overseas Filipino worker (OFW)…
Are you working abroad? There is a different set of Pag-IBIG Cash Loan requirements for OFWs. You must prepare a duly-accomplished and signed Multi-Purpose Loan Application Form, one (1) photocopy of valid ID acceptable to the Fund, and any of the following:
- Employment Contract
- Certificate of Employment and Compensation (CEC)
- Income Tax Return (ITR) with Host Country or Government
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