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The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is a government agency in the Philippines that provides affordable housing financing to Filipino workers. The fund's interest rates are competitive and higher than most banks, making it an attractive option for those who want to save and earn more. On the other hand, Pag-IBIG MP2, also known as the Modified Pag-IBIG 2 Savings Program, is a voluntary savings scheme offered by the Pag-IBIG Fund.
Pag-IBIG MP2 aims to encourage Filipinos to save and invest for their future, particularly for their housing, education, and retirement needs. MP2 has a five-year maturity period, and the interest rates are determined annually by the Pag-IBIG Fund Board of Trustees, which is usually higher than the regular savings program. Members can contribute a minimum of Php 500 per month, and they can withdraw their savings after five years, including the accumulated interest. MP2 is a great way for Filipinos to build their savings and earn higher returns for their financial goals.
In today's video, our SVP Ms. Jung Fernando is going to discuss the top 5 things you need to know about the Pag-IBIG MP2 savings program and its benefits.
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Make Pag-IBIG MP2 work for you through investing! Click to learn more:
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Ishikari Lore by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. [ Ссылка ]
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