APPLYING PAG-IBIG CASH LOAN – Below is a guide on how to apply for the Multi-Purpose Loan offer of Pag-IBIG Fund and the requirements.
Are you in need of money to be used in various purposes? If you are a Pag-IBIG member, you might be eligible to apply for the Multi-Purpose Loan or MPL offer of the government agency.
Pag-IBIG Cash Loan: How To Apply & Requirements to Submit
Guide on Pag-IBIG Cash Loan Application Process & Requirements
PAG-IBIG CASH LOAN – Here is a guide on how to apply for the multi-purpose loan offer of Pag-IBIG Fund and the requirements to submit.
If you are a Pag-IBIG Fund member, you can turn to the government agency for financial assistance. It offers several types of loan including the multi-purpose loan offer which can lend you up to 80% of your total monthly savings to the Fund.
How To Apply for Pag-IBIG Cash Loan
Step 1 – Prepare the requirements in applying for the loan offer. You need to submit the following documents:
- duly-accomplished Multi-Purpose Loan Application Form
- photocopy of valid ID acceptable to Pag-IBIG Fund
Proof of Income:
- If employed:
- the borrower-applicant should submit the loan application form with duly-accomplished “Certificate of Net Pay” portion which can be found at the back of the form. It should be accomplished by the employer or an authorized officer of the company; or
- submit a photocopy of one (1) month latest payslip duly-authenticated by an authorized signatory of the company
- If self-employed:
- Commission Vouchers reflecting the issuer’s name and contact details
- original copy of Certificate of Engagement issued by the owner of business
- photocopy of ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit
- original copy of ertified True Copy of Transport Franchise issued by appropriate government agency
- original copy of Notarized Affidavit of Income (HQP-SLF-136)
- original copy of Certificate of Engagement issued by the owner of business
- If overseas Filipino worker (OFW):
- Employment Contract
- Certificate of Employment and Compensation (CEC)
- original copy of Income Tax Return filed with Host Country/Government
Step 2 – Go to a branch of Pag-IBIG Fund nearest to you and submit your documents. Wait for an update from the government agency regarding the status of your loan application.
You may also apply for Pag-IBIG Cash Loan online. This suits best those who are busy with their work or can’t leave the house. You may visit – Virtual Pag-IBIG.
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