MP2 Pag-IBIG — Guide on How To Register for a Savings Account

MP2 PAG-IBIG – You can check the comprehensive guide below on how to register for an account in this Pag-IBIG Fund savings facility.

Have you heard about the Pag-IBIG MP2 Program? A lot of members of the Fund grow their money by investing some amounts in this savings facility that gives annual dividends to the members.

Pag-IBIG MP2 — How To Save & Grow Your Money via this Savings Program

Guide on Pag-IBIG MP2 Savings Facility Registration

PAG-IBIG MP2 – Here is a guide on you can save and grow your money through this Pag-IBIG Fund savings facility.

Nowadays, more and more people are becoming wiser in handling their money. They are not satisfied with just saving their money in banks where it could earn only very little interest. Undeniably, if you only keep a small amount in a savings account, its growth would be very small. Thus, instead of keeping it in their bank accounts, many individuals look for ways that could give their money visible growth.

Pag-IBIG
Photo Credit: Proudbrown

If you are a member of the Pag-IBIG Fund, you might have heard about the MP2 Savings program or facility of the government agency. It is apart from the Pag-IBIG Housing Loan and the other loans that the government agency offers. The MP2 is a savings facility with a five-year minimum term for the individuals who want to both safeguard and grow their money.

Under this savings facility, you have the option to withdraw your dividend annually or after the five-year maturity of the savings. It is armed with the best features.

Pag-IBIG MP2
Photo Credit: OneNews

The savings facility has the best features including the ease in savings that require as low as P500 only per remittance, tax-free dividends, higher dividends than the Pag-IBIG Regular Savings, and savings that are are government-guaranteed. It is open for the following:

  • 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.

To create your Pag-IBIG MP2 account, you can do it in either of the two (2) ways — via the Virtual Pag-IBIG, the online platform of the Fund, or personally at a branch of the Pag-IBIG Fund nearest to you.

According to the Pag-IBIG Fund, once you have already been issued an MP2 Savings a count, you can start saving right away. The payment channels include the Virtual Pag-IBIG and the accredited collecting partners of the government agency including the following:

Non-Bank

  • Bayan
  • SM Business Centers
  • M. Lhuillier
  • ECPay

Bank

  • Asia United Bank (AUB)

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