Guide on Pag-IBIG Fund MP2 Savings Limit (Minimum & Maximum Savings)
PAG-IBIG FUND MP2 SAVINGS – Here is a guide on the minimum and maximum savings allowed under this Pag-IBIG Fund Savings Program.
Are you planning to upgrade your savings in preparation of the future? Do you already have a bank savings account and you wanted to have a different savings? You may turn to Pag-IBIG Fund.
Pag-IBIG Fund offers a savings program that features higher dividend for the clients. It has a five-year maturity but the client has the option to get the dividend annually or in five years.
According to Pag-IBIG Fund, the dividend is up to 7%. It will depend on the performance of the government agency.
Under the Pag-IBIG Fund MP2 Savings, the minimum savings is Php 500.00 per remittance. The government agency has set no limit with regard to the maximum savings.
However, should you wish to save more than Php 500,000.00, you will need to issue a personal or a manager’s check according to Pag-IBIG Fund.
Under the Pag-IBIG Fund MP2 Savings Program, you may have a one-time savings with a huge amount or save at least Php 500.00 per month. You may apply for it in addition to your regular savings account with the government agency.
Are you worrying about the money you will be keeping in your account? Pag-IBIG Fund assured that this savings program is “government-guaranteed”. It will invest 70% of the funds in housing finance and it may also make investments in government securities and corporate bonds.
Thank you for visiting our website. We hope we have helped you with regards to this savings program offered by the Pag-IBIG Fund. You may keep coming back for more informative guides and you may also visit other articles published in this website.
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Good day, this is my concern. I am planning to apply for MP2 program but I am not an active member of Pag-ibig1 anymore. What will I do now? Do I need to be active again (for 24months) before I can apply for MP2? or Can I just pay the Pagibig 1 and MP2 together at the same time?
Thank you for your time.
Is this for 5 years term? Can this be withdrawn before the 5 years period in case I need the money for emergency? Thanks.
if i am living abroad but was a former pag-ibig member, can I make contibution to this savings program?