Guide on Pag-IBIG Cash Loan Requirements for Application
PAG-IBIG CASH LOAN REQUIREMENTS – Self-employed members of the Pag-IBIG Fund may qualify to apply for the multi-purpose loan offer.
The Pag-IBIG Fund is one of the entities that you may turn to for a multi-purpose cash loan. It has helped countless people who are members of the Fund address their financial needs. Under the loan offer, you can obtain financial solutions for several needs.
With regards to the multi-purpose cash loan offer of the Pag-IBIG Fund, a qualified member may apply for it for his/her travel expenses, for event hosting, for making personal purchases, and a lot more. The loan offer is open for both locally-employed and self-employed individuals as well as overseas Filipino workers (OFWs).
The Fund has set a few qualifications in applying for the multi-purpose cash loan offer. To qualify for the loan offer, here are the eligibility requirements that must be met by the applicant:
- in active membership by having at least one (1) monthly membership savings within the last six (6) months prior to the date of loan application
- at least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings program
- has no Pag-IBIG Housing Loan, MPL and/or Calamity Loan in default
- reliable source of income
With regards to the Pag-IBIG cash loan requirements, here are the documents that the Fund requires from self-employed members who want to apply for the Multi-Purpose Loan offer:
- 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
- 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 for the loan offer, there are options with regards to the Pag-IBIG Fund Cash Loan application. You can choose the mode that is most convenient for you.