Pag-IBIG Fund Cash Loan Requirements — Here’s What You Need to Submit in Applying

Guide on Pag-IBIG Fund Cash Loan Requirements for Application

PAG-IBIG FUND CASH LOAN REQUIREMENTS – Here are the documents needed in applying for the Multi-Purpose Loan offer.

Have you heard about the Multi-Purpose Loan offer of Pag-IBIG Fund or the MPL? It is a cash loan offer that is open for members who have posted at least 24 monthly contributions and have active accounts with the government agency.

Pag-IBIG Fund Cash Loan Requirements
Photo Credit: BusinessWorld Online

Under this loan offer, the member-borrower may loan up to an equivalent of 80% of the total contributions posted. The Pag-IBIG Fund cash loan requirements vary depending on the member’s source of income.

Pag-IBIG Fund Cash Loan Requirements

For employed applicants:

  • duly-accomplished and signed Pag-IBIG Multi-Purpose Loan Application Form
  • photocopy of one (1) valid ID such as the following:
    • passport
    • Driver’s License
    • National Bureau of Investigation (NBI) Clearance
    • Professional Regulation Commission (PRC) ID
    • Police Clearance
    • Voter’s ID
    • Postal ID
    • Government Service Insurance System (GSIS) e-Card
    • Senior Citizen Card
    • Barangay Certification or Barangay IDs
    • Social Security System (SSS) Card
    • Overseas Filipino Worker ID
    • Overseas Workers Welfare Administration (OWWA) ID
    • Alien Certification of Registration/Immigrant Certificate of Registration
    • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
    • Seaman’s Book or Seafarer’s Identification and Record Book (SIRB)
    • Department of Social Welfare and Development (DSWD) Certification
    • Government Office and GOCC ID
    • Integrated Bar of the Philippines ID
    • Company ID
    • Philippine Identification (PhilID) Card
  • Certificate of Net Pay
    • This portion of your MPL Application Form which is found at the back of the form must be accomplished by your employer; or
  • photocopy of one (1) month latest payslip duly authenticated by an authorized signatory of the company

For self-employed applicants:

  • duly-accomplished and signed Pag-IBIG Multi-Purpose Loan Application Form
  • photocopy of one (1) valid ID such as the following:
    • passport
    • Driver’s License
    • National Bureau of Investigation (NBI) Clearance
    • Professional Regulation Commission (PRC) ID
    • Police Clearance
    • Voter’s ID
    • Postal ID
    • Government Service Insurance System (GSIS) e-Card
    • Senior Citizen Card
    • Barangay Certification or Barangay IDs
    • Social Security System (SSS) Card
    • Overseas Filipino Worker ID
    • Overseas Workers Welfare Administration (OWWA) ID
    • Alien Certification of Registration/Immigrant Certificate of Registration
    • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
    • Seaman’s Book or Seafarer’s Identification and Record Book (SIRB)
    • Department of Social Welfare and Development (DSWD) Certification
    • Government Office and GOCC ID
    • Integrated Bar of the Philippines ID
    • Company ID
    • Philippine Identification (PhilID) Card
  • photocopy of Income Tax Return (ITR) and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit or Business Permit
  • original copy of bank statements or passbook for the last 12 months
  • original copy of Commission Vouchers indicating the name and contact details of the issuer
  • original copy of Certified True Copy of Transport Franchise
  • original copy of the Notarized Affidavit of Income
  • original copy of the Certificate of Engagement issued by the business owner

For OFW applicants:

  • duly-accomplished and signed Pag-IBIG Multi-Purpose Loan Application Form
  • photocopy of one (1) valid ID such as the following:
    • passport
    • Driver’s License
    • National Bureau of Investigation (NBI) Clearance
    • Professional Regulation Commission (PRC) ID
    • Police Clearance
    • Voter’s ID
    • Postal ID
    • Government Service Insurance System (GSIS) e-Card
    • Senior Citizen Card
    • Barangay Certification or Barangay IDs
    • Social Security System (SSS) Card
    • Overseas Filipino Worker ID
    • Overseas Workers Welfare Administration (OWWA) ID
    • Alien Certification of Registration/Immigrant Certificate of Registration
    • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
    • Seaman’s Book or Seafarer’s Identification and Record Book (SIRB)
    • Department of Social Welfare and Development (DSWD) Certification
    • Government Office and GOCC ID
    • Integrated Bar of the Philippines ID
    • Company ID
    • Philippine Identification (PhilID) Card
  • Employment Contract
    • photocopy of the Employment Contract between the employee and employer or original copy of the POEA Standard Contract
  • Certificate of Employment and Compensation (CEC)
    • CEC written on the Employer; or
    • CEC signed by employer supported by a photocopy of the ID and passport of the employer
  • Original copy of Income Tax Return filed with Host Government or Country

For a guide on how to apply for the loan offer, you may visit — Pag-IBIG Fund Multi-Purpose Loan: How To Apply for the Loan.

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You may also read — Pag-IBIG Housing Loan: Here’s How the Releasing of the Borrowed Amount Works

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