Pag IBIG MP2 Saving Program
INTRODUCTION
This program is one of the best schemes for both WWE and workers based in the Philippines. One of the main reasons for its popularity is that it is guaranteed by the Philippine government. This is an important offer for Filipinos who want to invest in the wrong place. This is a government program that allows you to save big on a small monthly contribution.
It also provides money to build a house when needed. Overseas people can also benefit from this program, but first they need to get a night membership in this program. This is one of the best programs of the Philippine government compared to other Philippine savings programs. And we must make the benefits of this program possible.
Here are three things that make us invest in this program. These are:
The best way to save your halal and hard-earned money
Tax liability and trouble getting rid of
Philippine government guarantee
This program is a five-year investment and savings program. It can make people more profitable. Although it is also a savings program, it is different from the regular IEBIG program.
MP2 DIVIDEND
| Years |
Rate of divided |
Rate of inflation |
| 2010 to 2015 |
5.26% |
0.7% in 2015 |
| 2016 |
7.43% |
1.3% |
| 2017 |
8.11% |
2.9% |
| 2018 |
7.41% |
5.1% |
| 2019 |
7.23% |
1.81% |
With the help of this table we can take a closer look at the dividends of this program. Inflation has risen in recent times, but the program's dividend rate has risen to a certain extent. When we compare the profit rate of this program with the profit rate of other sources of profit such as; if you do it with bank account etc. then the rate is higher.
You can receive your dividend through any of the following ways:
Through Bank Deposit Annually
Through 5-Year Maturity Period
Through Bank Deposit Annually
In case of selecting annual return, the total amount of investment is received after one year's period.
Through 5-Year Maturity Period
In case of selecting 5-year return, the total amount of investment is received after five years period.
ELIGIBILITY AND QUALIFICATION
The eligibility and Qualification for this program require these things:
With Peg IBIG funds members
All workers who have been participating for 24 months and have been part of the IBIG program can open an account in it. In addition, former pensioners have also been declared eligible to open an account
For this program, Philippine government requirements are:
Fill out the Peg IBIG II form
Must have ID card and bank account
You must have at least 500 PHP
APPLICATION PROCEDURE
How to Apply? We can easily apply for Peg IBIG Program. There are two methods to apply. These are:
We can apply directly to the PAG IBIG office
Application can be submitted through online MP2 Enrollment
Registration of MP2 at a Pag-IBIG Branch
Submit a form of Pag IBIG MP2
Meet all other requirements as directed by the branch
After submission, branch will issue your bank account number and you can use it to withdrawal
Enrollment for MP2 online
This method of registration is quick and easy. For this method you need to follow some steps. These are:
Go to the modified Pag IBIG enrollment System
Fill the online application form
Click on submit button