Requirements for Pag-IBIG MP2 Savings Program Application / Account Opening

Guide on the Requirements for Pag-IBIG MP2 Savings Program Application

REQUIREMENTS FOR PAG-IBIG MP2 SAVINGS PROGRAM – Here is a guide on the documents needed in applying or opening an MP2 Savings Account.

Millions of Filipinos are Pag-IBIG Fund members. Many of the members are either employed or self-employed individuals while there are some members who are working abroad or Overseas Filipino Workers (OFWs).

Are you one of the members of the government agency? It is mainly known for its Housing Loan offer but it now has several loan offers including a cash loan and a calamity loan. Meanwhile, what many people don’t know is that it has another offer — the Pag-IBIG MP2 Savings Program.

Requirements for Pag-IBIG MP2 Savings Program
Photo Credit: Usability Geek

The Pag-IBIG MP2 Savings Program is a 5-year savings facility that people who want to grow their money for a fixed term may turn to. Are there are requirements for Pag-IBIG MP2 Savings Program?

To join the program, you must be eligible to open a savings account. Here are the eligibility requirements for the Pag-IBIG MP2 Savings Program application:

  • Former Pag-IBIG Fund members (pensioners and retirees) with other sources of monthly income, regardless of age, and with at least 24 monthly savings prior to retirement.
  • Natural Born Filipinos, who reacquired their Filipino Citizenship pursuant to RA 9225 or the Citizenship Retention and Reacquisition Act of 2003, with at least 24 monthly savings prior to permanent migration to another country.

In saving under the said Pag-IBIG Fund program, the minimum amount allowed for saving is P500.00. You may choose to save only the minimum amount or gradually grow your savings. You may also do a one-time lump sum saving.

Thank you for visiting You may express your thoughts and reactions below through the comment section. You may also follow us on Facebook, on Twitter, and subscribe to our YouTube channel Philnews Ph.

You may also read — PAG-IBIG CASH LOAN APPLICATION – Here’s How To Apply for the Loan Offer.

Leave a Comment