How to Enroll/Invest in Pag-IBIG MP2 Savings Program: An Ultimate Guide!
Have you heard about the new savings program of PAG-IBIG called MP2 savings Program? If yes! well, check this out! What is the Pag IBIG MP2 Savings Program? The Modified Pag-IBIG II or MP2 is a voluntary savings program for members who wish to save more and earn higher dividends than the regular Pag-IBIG savings program. The Home Development Mutual Fund (HDMF) invests the funds collected from the Pag-IBIG MP2 mostly in its housing loan programs, as well as its short-term loan programs. Funds grow through interest payments from borrowers. The rest is invested in corporate bonds, time deposits, and government securities. Performance from these investments will determine the annual dividend rates for the MP2 or not less than 70 % of PAGIBIG Funds Annual net income. Why should you open a Pag IBIG MP2 account? MP2 enrollment is not required for Pag-IBIG members, but doing so will be beneficial for you in the long run. Here are five (5) good reasons to start saving under the