Steps on How To Open Pag-IBIG MP2 Savings Account to Grow Your Money
HOW TO OPEN PAG-IBIG MP2 SAVINGS ACCOUNT – You can check here a guide on how to enroll your savings account and the requirements.
Do you want to grow your money while keeping it? Nowadays, aside from banks, there are trusted government entities that can help you grow your savings. One of them is the Pag-IBIG Fund.
The Pag-IBIG Fund is one of the longest-operating government institutions in the Philippines. Since 1978, the Fund has helped countless Filipinos get an affordable shelter. It was specially crafted to help Filipinos, most especially low-income individuals, obtain residential properties in the most affordable way. It is through the Pag-IBIG Housing Loan.
Meanwhile, aside from the loan offers, the Fund also has the Pag-IBIG MP2 Savings. It is a savings facility with a five-year maturity term.
Under the Pag-IBIG MP2 Savings facility, your money can grow more under higher dividends compared with the regular interest that it can earn as regular contributions or savings to the Fund.
How does Pag-IBIG do it? The Fund invests at least 70% of the investible funds in housing finance. It also makes investments in government securities and corporate bonds to help the members grow their money big and fast.
The Pag-IBIG MP2 Savings program is open not only for active members of the Fund but as well as for pensioner and retiree members of the Pag-IBIG Fund and natural-born Filipinos with at least 24 monthly savings prior to permanent migration to another country.
You can check on the Pag-IBIG MP2 Savings dividends if you wish to see how much your savings may grow in five (5) years. This savings facility has helped countless members grow their savings since 2011.
How to open Pag-IBIG MP2 Savings account? There are two (2) ways to do so and you can choose which is more convenient for you.
Option 1 — Through the Pag-IBIG Fund Branch
- Step 1 — Prepare the requirements for the Pag-IBIG MP2 Savings account opening.
- Step 2 — Visit a branch of Pag-IBIG Fund nearest to you and submit your documents to open an MP2 Savings account.
Option 2 — Through Virtual Pag-IBIG
- Step 1 — Prepare the requirements for the Pag-IBIG MP2 Savings account opening.
- Step 2 — Log in to your Virtual Pag-IBIG account.
- Step 3 — Start your MP2 Savings Account Enrollment by providing the following:
- Membership ID (MID) No.
- Member’s Last Name
- Member’s First Name
- Date of Birth