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MULTI PURPOSE LOAN
The Pag-IBIG Fund Multi-Purpose Loan or MPL is a cash loan designed to help our members with any immediate financial need.
A member can borrow up to 80% of their Pag-IBIG Regular Savings, and can be processed in as fast as 2 days!
Read more below and learn how to secure cash through the Pag-IBIG Multi-Purpose Loan.LIST OF VALID I.D’S
1. Passport
2. Driver’s License
3. Professional Regulation Commission (PRC) ID
4. National Bureau of Investigation (NBI) Clearance
5. Police Clearance6. Postal ID
7. Voter’s ID
8. Barangay Certification or Barangay IDs or similar documents bearing picture of the member
9. Government Service Insurance System (GSIS) e-Card
10. Social Security System (SSS) Card
11. Senior Citizen Card
12. Overseas Workers Welfare Administration (OWWA) ID
13. Overseas Filipino Worker ID
14. Seaman’s Book or Seafarer’s Identification and Record Book (SIRB)
15. Alien Certification of Registration/Immigrant Certificate of Registration
16. Government Office and GOCC ID, e.g. AFD ID, Pag-IBIG Loyalty Card
17. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
18. Department of Social Welfare and Development (DSWD) Certification
19. Integrated Bar of the Philippines ID
20. Philippine Identification (PhilID) Card
21. Company ID issued by Private Entities or Institutions Registered with or supervised or regulated either by the BSP, SEC or IC.
PROCEDURE
STEP 1 Submit accomplished Multi-Purpose Loan Application Form and required supporting documents
STEP 2 Get STL Acknowledgement Receipt (HQP-SLF-121)
STEP 3 On scheduled date, get loan proceeds.
REQUIREMENTS MEMBERS
• Multi-Purpose Loan Application Form (MPLAF, HQP-SLF-065) (1 Original)
• Valid ID acceptable to the Fund (1 Photocopy)
• Proof of Income (For Formally-employed:)The “Certificate of Net Pay” portion at the back of the application form must be accomplished by the employer or submit photocopy of one (1) month latest payslip duly authenticated by the company’s authorized signatory.
• Proof of Income (For Self-Employed, any of the following:)
a. ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit (1 Photocopy)
b. Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months) (1 Original)
c. Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittance, pension, etc.) (1 Original)
d. Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTRFB for other PUVs) (1 Original)
e. Certificate of Engagement issued by the owner of business (1 Original)
f. Notarized Affidavit of Income (HQP-SLF-136) (1 Original)
• Proof of Income (For Overseas Filipino Workers (OFW), any of the following:)
a. Employment Contract• Employment Contract between employee and employer (1 Photocopy); or• POEA Standard Contract (1 Original)
b. Certificate of Employment and Compensation (CEC)
• CEC written on the Employer/Company’s official letterhead (1 Original); or
• CEC signed by employer (for household staff and similarly situated employees) (1 Original), supported by a photocopy of the employer’s ID and passport
c. Income Tax Return filed with Host Country/Government (1 Original)NOTE: In all instances, wherein photocopies are submitted, the original documents must be presented for authentication.
• For releasing of loan proceeds thru Payroll Account*/Disbursement Card**, submit photocopy of the Payroll Account*/Disbursement Card**.
• For application thru employer, the photocopy of Payroll Account*/Disbursement Card** shall be duly certified by the employer.
• For individual application, the Payroll Account*/Disbursement Card** shall be presented for authentication.* Payroll Accounts using Land Bank of the Philippines (LBP) Accounts for Disbursement
** Land Bank of the Philippines (LBP), Development Bank of the Philippines (DBP) or United Coconut Planters Bank (UCPB) Cash CardsREQUIREMENTS (FILING THROUGH A REPRESENTATIVE)
• Authorization Letter
• Valid IDs of both parties (1 Photocopy)
• Multi-Purpose Loan Application Form (MPLAF, HQP-SLF-065) (1 Original)
• Proof of Income (For Formally-employed:)
The “Certificate of Net Pay” portion at the back of application form must be accomplished by the employer or submit photocopy of one (1) month latest payslip duly authenticated by the company’s authorized signatory.
• Proof of Income (For Self-Employed, any of the following:)
a. ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit (1 Photocopy)
b. Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months) (1 Original)
c. Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittance, pension, etc.) (1 Original)
d. Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTRFB for other PUVs) (1 Original)
e. Certificate of Engagement issued by the owner of business (1 Original)
f. Notarized Affidavit of Income (HQP-SLF-136) (1 Original)
• Proof of Income (For Overseas Filipino Workers (OFW), any of the following:)
a. Employment Contract
• Employment Contract between employee and employer (1 Photocopy); or
• POEA Standard Contract (1 Original)
b. Certificate of Employment and Compensation (CEC)
• CEC written on the Employer/Company’s official letterhead (1 Original); or
• CEC signed by employer (for household staff and similarly situated employees) (1 Original), supported by a photocopy of the employer’s ID and passportc.
Income Tax Return filed with Host Country/Government (1 Original)NOTE: In all instances, wherein photocopies are submitted, the original documents must be presented for authentication.
• For releasing of loan proceeds thru Payroll Account*/Disbursement Card**, submit photocopy of the Payroll Account*/Disbursement Card**.
• For application thru employer, the photocopy of Payroll Account*/Disbursement Card** shall be duly certified by the employer.
• For individual application, the Payroll Account*/Disbursement Card** shall be presented for authentication.* Payroll Accounts using Land Bank of the Philippines (LBP) Accounts for Disbursement
** Land Bank of the Philippines (LBP), Development Bank of the Philippines (DBP) or United Coconut Planters Bank (UCPB) Cash CardsSOURCE:
https://www.pagibigfund.gov.ph/STL_MPL_Calamity.html#calamitylanding