Guide on Pag-IBIG Cash Loan Requirements You Must Submit To Apply
PAG-IBIG CASH LOAN REQUIREMENTS 2026 – If you are a locally-employed member of the Fund, here’s a guide on the documents you should submit.
In the Philippines, there are state entities that the Filipinos can turn to if you are in need of cash — of course, if you are a member of an institution and has maintained a good account. One of these excellent state-run loan providers is the Pag-IBIG Fund.
The Pag-IBIG Fund is in the service of the Filipino people for several decades now. It is most popular for its Pag-IBIG Housing Loan offer that has helped countless people acquire their own house. Meanwhile, it also has several other loan offers like the Multi-Purpose Loan (MPL) or also called the Pag-IBIG cash loan offer.
You may apply for the Pag-IBIG Multi-Purpose Loan to make a personal purchase, augment the financial needs inside the household, travel, host an event, expand your business, etc. It is open for both employed and self-employed members of the Fund but there are varying Pag-IBIG cash loan requirements for application.
There is a unique set of Pag-IBIG cash loan requirements for locally-employed individuals who want to apply for the loan offer. The loanable amount varies with the interest rate implemented at 10.5% per annum. The loan is payable for up to 36 months.
Before checking on the documents that you need to prepare for the loan application, it would be best to first check the qualifications set by the Pag-IBIG Fund. To be eligible to apply for the loan offer, the member-borrower should meet the following qualifications:
Qualifications
- 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
Documentary Requirements
As mentioned, the Pag-IBIG cash loan requirements for application varies. If you are a locally-employed member of the Fund who wish to apply for the loan offer, here are the documents that you need to submit to the state entity:
- 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
The Pag-IBIG cash loan requirements for application includes documents that will serve as a proof of income. In the case of locally-employed individuals who want to apply for the loan offer, the Pag-IBIG Fund requires the following:
- 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
Aside from the Housing and Multi-Purpose loan offers, the Fund also has the Pag-IBIG HEAL Cash Loan offer.