Guide on the Pag-IBIG Cash Loan Requirements 2025 for Member Application
PAG-IBIG CASH LOAN REQUIREMENTS 2025 – You can check below the documents that the Pag-IBIG Fund requires for application to Multi-Purpose Loan (MPL) offer.
In the Philippines, there are state entities or institutions with multi-million member populace. One of them is the Pag-IBIG Fund. A membership to the Fund is mandated among the employees of the government as well as the private sector.
Compared with the membership coverage of the social insurance giants Government Service Insurance System (GSIS) and Social Security System (SSS), the Pag-IBIG Fund membership is wider. It is open for local employees, self-employed individuals, overseas Filipino workers, as well as voluntary memberships.
There is an edge in being a member of the Fund. It has several loan offers that can be the excellent financial solutions to turn to in times of cash needs. Undeniably, countless Filipinos have acquired residential properties due to the Fund’s most popular offer, the Pag-IBIG Housing Loan.
Aside from the Housing Loan offer, the Fund also has the Multi-Purpose Loan (MPL) offer or also called the Pag-IBIG cash loan. You may apply for it to finance any of the following:
- Capital for a small business
- Medical expenses
- Purchase of furniture, appliances or electronic gadgets
- Minor home improvement
- Vacation and travel
- Tuition fee and other education-related expenses
- Car repair
- Payment of utility and credit card bills
- Special events
- Other needs
The Pag-IBIG cash loan requirements for application mandate the member-borrower to have posted at least 24 monthly contributions to qualify for the offer. The loanable amount may vary depending on the total premiums posted by the member-borrower.
With regards to the Pag-IBIG cash loan requirements that must be submitted in applying for the Fund’s loan offer, here are the documents required by the state entity:
- 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
The Pag-IBIG cash loan requirements also include the proof of income. In the case of locally-employed members of the Fund, here are the income documents required by the Fund for application:
- 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
In the case of self-employed individuals who want to apply for the loan offer, here are the income documents that you may choose from:
- 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
Overseas Filipino workers or OFW members of the Pag-IBIG Fund may also apply for the Multi-Purpose Loan offer of the Pag-IBIG Fund. Here are the requirements for the OFWs:
- 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