Steps on How To Apply for Pag-IBIG Salary Cash Loan Online for Convenience
HOW TO APPLY FOR PAG-IBIG SALARY CASH LOAN ONLINE – You can check the steps below for the process in applying for offer online.
Nowadays, more government agencies have made their offers and services more accessible to their members. One of these is the Pag-IBIG Fund which has millions of members coming from different walks of life.
The members of the Fund includes locally-employed individuals, overseas Filipino workers (OFWs), self-employed individuals, and those who applied for a voluntary membership. Everyday, a lot of members go to the branch offices of Pag-IBIG to avail their services.
The state entity has several offers including the Pag-IBIG Fund Loans. To make them more accessible to the public, the state-run institution has come up with an online platform where the members may apply for the loan offer — the Virtual Pag-IBIG.
One of the loan offers that you may apply for online is the Pag-IBIG Multi-Purpose Loan offer. To qualify for it, the member-borrower must meet the following eligibility criteria:
- has a minimum of twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings program
- in active membership with at least one (1) monthly membership savings within the last six (6) months prior to the date of loan application
- If with an existing Pag-IBIG Housing Loan, MPL and/or Calamity Loan, the account/s must not be in default
- has proof of income
How to apply for the Pag-IBIG Salary Cash Loan online? Before starting the application process, it is best to scan all the documentary requirements for Pag-IBIG Salary Cash Loan application.
You must also prepare a selfie photo of you while you are holding or showing your ID and cash card that you will use in the application. Here are the easy steps on how to apply for the Pag-IBIG Salary Cash Loan online:
- Step 1 — Log in to your Virtual Pag-IBIG Account.
- Step 2 — Tap/Click Multi-Purpose Loan offer from the menu on the right panel.
- Step 3 — Tap/Click Apply.
- Step 4 — Upload the scanned copies of your documentary requirements.
For approved loan applications, the loan proceeds will be released through any of the following:
- crediting to the disbursement card
- bank transfer through Landbank, DBP, or UCPB cash card
- check issuance
- via your Pag-IBIG Loyalty Card Plus
