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The document is a Multi-Purpose Loan (MPL) application form for Pag-IBIG Fund members, detailing the required personal information, loan eligibility criteria, application process, loan features, repayment terms, penalties for default, and authorization clauses. It outlines the conditions under which members can apply for loans based on their membership savings and provides guidelines for repayment through salary deductions.

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Versions	Form popularity	Fillable & printable
2016	4.1 Satisfied (45 Votes)
2015	4.8 Satisfied (281 Votes)
2012	4.3 Satisfied (49 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How long does it take to get a Pag-IBIG multi-purpose loan approved?

The Pag-IBIG Multi-Purpose Loan is a cash assistance program every Pag-IBIG member can avail of. If youre a qualified member, you can borrow up to 80% of your Pag-IBIG regular savings and have your loan processed in as fast as two days.

What is an mpl application?

Multi-purpose Loan and Consolidation of Debts or MPL will consolidate all the existing loans of a member, except housing loan. GSIS Multipurpose Loan (GSIS MPL) gives borrowers an additional credit line that will help them consolidate and pay their outstanding GSIS loan balances.

How long is the approval of Pag-IBIG MPL?

The processing time for a Pag-IBIG Multi-Purpose Loan typically takes about as fast as two days from the date of application, provided all required documents are submitted. Its advisable to apply well in advance if you need the funds by a specific date.

Can I apply for Pag-IBIG membership online?

Individuals may now apply to Pag-IBIG online through the official Pag-IBIG fund website found at .pagibigfund.gov.ph. At the official website, simply click on the Virtual Pag-IBIG section and then the Be a Member section to register for Pag-IBIG.

How much can I borrow in MPL?

1. Who can avail, features, and benefits PPPMaximum Loanable AmountLoan Term At least 3 years but less than 5 years 4 x BMS 5 years At least 5 years but less than 10 years 7 x BMS At least 10 years but less than 15 years 10 x BMS 10 years At least 15 years and over 14 x BMS2 more rows

How much loan can I borrow from Pag-IBIG?

Qualified members can borrow up to 80% of their total Pag-IBIG Regular Savings. This includes monthly contributions, employers contributions, and accumulated dividends. This means that your available loan amount increases as you save more in your Pag-IBIG Regular Savings.

Can I process my Pag-IBIG online?

Yes. We are continuously developing the services available for you via the Virtual Pag-IBIG to make you feel Pag-IBIG online even more!

Can I apply Pag-IBIG MPL online?

Applying for a Pag-IBIG Multi-Purpose Loan (MPL) has never been easier! Gone are the days of standing in long queues and navigating through piles of paperwork. Today, all you have to do is complete all the requirements and apply directly on Pag-IBIGs official website.

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