Application for PAG-IBIG Cash Loan – Here’s Guide in Applying for MPL

APPLICATION FOR PAG-IBIG CASH LOAN – You can check the guide below in applying for Pag-IBIG Fund’s Multi-Purpose Loan offer.

Millions of Pag-IBIG Fund members have the entity to turn to during instances when they need some cash for multi-purposes. It is because the government agency the Multi-Purpose Loan (MPL) which caters several loan application purposes. The process for application for Pag-IBIG cash loan is detailed below as well as the other information about the loan offer.

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.

PAG-IBIG CASH LOAN APPLICATION
Photo Credit: Smart Parenting

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

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