Guide on Pag-IBIG Cash Loan Requirements For Loans To Be Filed by a Representative
PAG-IBIG CASH LOAN REQUIREMENTS – Here are the documents needed if you will let a representative file for a Multi-Purpose Loan (MPL) for you.
The Pag-IBIG Fund offers a Multi-Purpose Loan (MPL) for members who have posted a total of at least 24 monthly savings and a good account standing. You can the details of the offer below.
Pag-IBIG Cash Loan Requirements For Loans To Be Filed by a Representative:
- Authorization Letter
- Valid IDs of both parties (1 Photocopy)
- Multi-Purpose Loan Application Form (MPLAF, HQP-SLF-065) (1 Original)
- Proof of Income
- For Formally-employed:
- The “Certificate of Net Pay” portion at the back of 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:
- ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit (1 Photocopy)
- Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months) (1 Original)
- Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittance, pension, etc.) (1 Original)
- Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTRFB for other PUVs) (1 Original)
- Certificate of Engagement issued by the owner of business (1 Original)
- Notarized Affidavit of Income (HQP-SLF-136) (1 Original)
- For Overseas Filipino Workers (OFW), any of the following:
- Employment Contract
- Employment Contract between employee and employer (1 Photocopy); or
- POEA Standard Contract (1 Original)
- Certificate of Employment and Compensation (CEC)
- CEC written on the Employer/Company’s official letterhead (1 Original); or
- CEC signed by employer (for household staff and similarly situated employees) (1 Original), supported by a photocopy of the employer’s ID and passport
- Employment Contract
- Income Tax Return filed with Host Country/Government (1 Original)
- For Formally-employed:
How much are the allowed borrowing amounts under the offer? You may visit — Pag-IBIG Loanable Cash under MPL Loan Offer — Here’s How Much You May Borrow….
Under the offer, it is allowed that a representative will file for the Multi-Purpose Loan (MPL) application in behalf of you. This usually happens when the member cannot leave his or her work for the loan application process. There are Pag-IBIG cash loan requirements under this case.
Meanwhile, if you are the Pag-IBIG member and you want to file the loan yourself, there is a different set of documents that you need to gather. Feel free to visit — Requirements in Applying for Pag-IBIG Cash Loan Offer to Qualified Members.
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You may also visit — Pag-IBIG Cash Loan Interest — Here’s How Much Your Loan May Incur as Interest
