Friday, December 20, 2019

Reasons to Invest in MP2 (Modified Pag-IBIG II)

As government employee, how old are you now as full-fledged member in Pag-IBIG? How much is your monthly saving aside from your loan payment deducted from your monthly salary? What benefits have you enjoyed other than loan entitlement and dividends? No matter how long you are in Pag-IBIG, that scheme is called Pag-IBIG Regular Saving.

MP2 is another scheme launched by Pag-IBIG for those who are full-fledged members in scheme 1 or Pag-IBIG Regular Saving. In MP2 membership registration is recorded as separate membership from scheme 1. Meaning, a member should be ready to pay as low as P 500. For instance in scheme 1, a member is deducted P 300 for regular saving. In scheme 2, a member is deducted P 500. So, member's total monthly deduction in Pag-IBIG is P 800. If a member has a loan to be paid, that monthly payment shall be added to P 800 plus other necessary payments in Pag-IBIG.

For more details, kindly read or click the link or URL below.

How to Invest in Pag-IBIG MP2 Program: An Ultimate Guide | FilipiKnow

Last Updated on The Modified Pag-IBIG II or MP2 is an optional savings scheme for members who want to save more and earn higher dividends on top of their regular Pag-IBIG savings. The HMDF invests the funds collected from the Pag-IBIG MP2 mostly in its housing loan program, as well as its short-term loan programs. Funds grow through interest payments from borrowers.

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