Guide on Pag-IBIG MP2 Savings 2024 Features & Benefits for Members
PAG-IBIG MP2 SAVINGS 2024 – Through this Pag-IBIG Fund program, the more you save, the more you can earn as it is packed with impressive features.
Countless Filipinos are members of the Pag-IBIG Fund. These members are coming from different walks of life with different income sources:
- locally-employed individuals
- self-employed individuals
- overseas Filipino workers (OFWs)
- voluntary members
The Pag-IBIG Fund is operating in the Philippines for decades now. It is most popular for its Housing Loan offer which has helped countless people. The Pag-IBIG Housing Loan is open to finance several purposes including residential property acquisition, house construction, home renovation, refinancing of existing home loan, and combined loan purposes.
The Fund also offers a Calamity Loan and a Multi-Purpose Loan. However, it is important to note that the Pag-IBIG Fund is not only offering loans but as well as a way to save. It launched the Pag-IBIG MP2 Savings which has excellent features:
- easy to save as members can save for only a minimum of P500 per remittance
- tax-free dividends
- higher dividends than the Pag-IBIG Regular Savings
- government-guaranteed
The Pag-IBIG MP2 Savings “is a special voluntary savings facility with a 5-year maturity, designed for active Pag-IBIG Fund members who wish to save more and earn higher dividends, in addition to their Pag-IBIG Regular Savings”. It is open for the following:
- active Pag-IBIG Fund members
- 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
There is an easy process on how to open a Pag-IBIG MP2 Savings account. Do you want to start saving and growing your money now?