PAG-IBIG PERSONAL CASH LOAN – Below are the steps in applying for the Multi-Purpose Loan offer of the Pag-IBIG Fund for eligible members.
A lot of members of the Pag-IBIG Fund are eligible to apply for the Multi-Purpose Loan offer of the government agency or also commonly called MPL. It was crafted to address the short-term financial needs of qualified members.
PAG-IBIG CASH LOAN APPLICATION – Here’s How To Apply for the Loan Offer
Guide on Pag-IBIG Cash Loan Application Process & Requirements
PAG-IBIG CASH LOAN APPLICATION – Here is a guide on how to apply for the loans offered by Pag-IBIG Fund to eligible members.
There are some government agencies in the Philippines where you can apply for a membership to make sure that you have entities to turn to for assistance in times of need. One of these is the Pag-IBIG Fund.
The Pag-IBIG Fund is mainly known for its Housing Loan offer. Meanwhile, it now has several loan offers to eligible members. One of them is its cash loan offer, the Multi-Purpose Loan (MPL). Below, you can check the Pag-IBIG Cash Loan application.
The Pag-IBIG Cash Loan offer is open for members who have posted at least 24 monthly monthly savings or at least P4,800.00. He or she must have also posted at least one monthly savings within the last six months and can submit sufficient proof of income.
There are documents that are required for Pag-IBIG Cash Loan application. Here are the documentary requirements in applying for the loan offer:
| For employed applicants: | For self-employed applicants: | For OFW applicants: |
| – a duly-accomplished and signed Multi-Purpose Loan Application Form – 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” | – a duly-accomplished and signed Multi-Purpose Loan Application Form – one (1) photocopy of valid ID acceptable to the Fund – any of the following proof of income: original copy of Notarized Affidavit of Income; original copy of Bank Statements or passbook for the last 12 months; original copy of Certificate of Engagement issued by the owner of business; 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; or original copy of Commission Vouchers reflecting the issuer’s name and contact details | – a duly-accomplished and signed Multi-Purpose Loan Application Form – one (1) photocopy of valid ID acceptable to the Fund – any of the following proof of income: Employment Contract; Certificate of Employment and Compensation (CEC); or Income Tax Return (ITR) with Host Country or Government |
Do you want to know how much you may borrow under this loan offer of Pag-IBIG Fund? Feel free to visit – Applying for Pag-IBIG Cash Loan? Here’s How Much You May Borrow under it.
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You may also visit – Requirement for Pag-IBIG Calamity Loan: List of Documents You Need to Submit