You need to be an active Pag-ibig member first. This means you have made at least 1 monthly contribution in the last 6 months.

For the regular savings program, the minimum contribution is P100 with a maturity of 20 years where you receive all your money plus its interests.

You can also withdraw this money earlier.

MP2 has a maturity of 6 years an a 4-8% annual dividend rate.

Annual dividend = Ave. monthly balance x Dividend Rate

Pros

  • Government-backed
  • Tax free
  • P500 minimum transaction. You don’t have to deposit monthly.
  • Multiple accounts online
  • Open online

This is the safest investment with this much return.

You can withdraw dividends yearly or at the end of the 5 year maturity period. The latter is better.

References

Nicole Alba. (2020, August 19). How to Invest in Pag-IBIG MP2 for Students, OFWs, and Beginners 2021 | Why Invest in MP2 | START NOW. https://www.youtube.com/watch?v=1fcyrGhX0ag