Guide on the Requirements for Pag-IBIG Cash Loan Application
REQUIREMENTS FOR PAG-IBIG CASH LOAN – Provided below is a complete list of the documents needed whether your employed, self-employed, or an OFW.
Pag-IBIG Fund members who are faced with a financial challenge may turn to the government agency for loan. It offers the Multi-Purpose (MPL) or also popularly called the cash loan offer.
The said loan is open for employed, self-employed, and OFW members of the government agency. The requirements for Pag-IBIC cash loan application is listed below.
The requirements for Pag-IBIG cash loan depends if you are employed, self-employed, or an OFW. Here are the documents that you must prepare and submit to the Fund to apply for the loan offer:
If you are employed, prepare the following:
- “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”.
If you are self-employed, prepare any of the following:
- 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
- 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
- Certified True Copy of Transport Franchise issued by appropriate government agency (original)
- original copy of Commission Vouchers reflecting the issuer’s name and contact details
If you are an overseas Filipino worker (OFW), prepare any of the following:
- Certificate of Employment and Compensation (CEC)
- Employment Contract
- Income Tax Return (ITR) with Host Country or Government
To apply, go to the main office or branch of Pag-IBIG Fund nearest to you and submit your Pag-IBIG Cash Loan requirements. The loan processing may take a few working days. Wait for an update from the government agency.
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