REQUIREMENTS PAG-IBIG CASH LOAN – You can check the list of documents needed in applying for Pag-IBIG Fund’s Multi-Purpose Loan offer.
The Pag-IBIG Fund offers the Multi-Purpose Loan, also called the MPL, to help address the short-term financial needs of its members. There are documentary requirements in applying for this Pag-IBIG cash loan offer.
Pag-IBIG Cash Loan Requirements You Must Prepare & Submit to Apply
List of Pag-IBIG Cash Loan Requirements in Applying for Multi-Purpose Loan
PAG-IBIG CASH LOAN REQUIREMENTS – Below is a comprehensive guide on the documents needed for MPL application to Pag-IBIG Fund.
Have you heard about the Pag-IBIG Multi-Purpose Loan offer? More commonly called MPL or cash loan, this offer was crafted to help the qualified members meet their financial needs.
There are some Pag-IBIG Cash Loan requirements for application and the required documents may vary depending if the member-borrower is employed, self-employed, or an overseas Filipino worker (OFW).
FOR EMPLOYED 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”
FOR SELF-EMPLOYED APPLICANTS
- 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
FOR OFW APPLICANTS
- 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
The loanable amounts under the Pag-IBIG Cash Loan offer depends on the total contribution of the member-borrower. To check on the maximum amount you may be allowed, kindly 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