Guide on the Requirements for Pag-IBIG Cash Loan Offer Application for Employed Borrowers
REQUIREMENTS FOR PAG-IBIG CASH LOAN EMPLOYED – Here is a list of the documents that you must submit in applying for Pag-IBIG Multi-Purpose Loan (MPL).
Members of the Pag-IBIG Fund who are in need of cash to be used in several purposes may turn to Multi-Purpose Loan offer. It is open for employed members of the government agency and you may check on the requirements of the loan offer below.
What is the Pag-IBIG Multi-Purpose Loan?
Also called as MPL, this cash loan offer of Pag-IBIG Fund is open for various purposes including medical expenses, financing of home improvement, making a huge purchase, etc.
What are the documentary requirements for Pag-IBIG Cash Loan application? The required documents vary depending on the status as to how the member-borrower earns the money. If you are employed, here are the documents that you need to prepare and submit:
Basic Requirements:
- 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
Proof of Income for Employed Individuals:
- 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
To apply, submit your requirements for Pag-IBIG Cash Loan application to a branch of Pag-IBIG Fund. The evaluation of your loan application may take a few business days. Wait for an update from the government agency or make a follow-up from time to time.
You may also visit – Apply Pag-IBIG Housing Loan: Steps in the Application Process & Requirements