Requirements for Pag-IBIG Cash Loan for Self-Employed Member-Borrower

Guide on the Requirements for Pag-IBIG Cash Loan Offer Application for Self-Employed Borrowers

REQUIREMENTS FOR PAG-IBIG CASH LOAN SELF-EMPLOYED – Here is a list of the documents that you must submit in applying for Pag-IBIG Multi-Purpose Loan (MPL).

Many of the members of Pag-IBIG Fund are self-employed. In times of financial needs or needing some finances for a project, members have a Multi-Purpose Loan offer that they can turn to. You can check on the loan details below.

Requirements for Pag-IBIG Cash Loan
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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 self-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 (submit any of the following):

  • 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

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

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