Personally, I’ve been looking for additional ways in which to grow my money over time.

Then I found Pag-IBIG MP2 savings program. It took me a year to start an account as I was investing and savings for other things. Thankfully, I opened an account this year.

I want to share my other investments in a different blog post as well if you are interested in those. I am trying to expand more on the personal development and freelancing topics on this blog since I’m not doing much travel lately.

So here I am sharing with you a step by step guide on how to enroll in mp2 online.

What is Pag-IBIG MP2?

According to Pag-ibig: The MP2 Savings is a special savings facility with a 5-year maturity, designed for Pag-IBIG Fund members who wish to save more and earn even higher dividends, in addition to their Pag-IBIG Regular Savings. The program is also open to pensioners and retirees who were former Pag-IBIG Fund members.

MP2 is not a typical savings account. It’s a low-risk yet high-return investment.

Pag-IBIG MP2 Details:

  • The minimum investment is Php500.00 monthly.
  • It’s most beneficial to constantly remit your MP2 contributions. However, there are no penalties if you miss a contribution for certain months.
  • Government-guaranteed savings
  • Tax-free dividends and up to 7% annual dividend rate.
  • No limit to the quantity you’ll save. However, exceeding PHP 500,000, you would have to issue a personal or manager’s check.
  • Multiple MP2 savings accounts
  • Five-year maturity period (ideal for medium-term investment goals)

You can check more details on Pag-Ibig Fund Website

Step by Step Guide on How to Enroll MP2 Online

STEP 1: Enter you Pag-IBIG Details

Go to https://www.pagibigfundservices.com/MP2Enrollment/

How to Enroll MP2

Enter the following details:

  • Pag-IBIG MID Number (12-digit MID)
  • Last Name
  • First Name
  • Date of Birth (MM/DD/YYYY format)

Enter the code shown on the page for verification, then click the SUBMIT button to continue.

STEP 2: MP2 Details

How to Enroll MP2

Enter the following details:

  1. Desired Monthly Contribution: You can enter the minimum monthly savings of Php 500.00 or your desired higher monthly savings.
  2. Preferred Dividend Payout:
    Select your preferred dividend payout:
    • Annually
    • Five-Year (End-Term)
  3. Mode of Payment:
    Select the mode of Payment:
    • Salary Deduction
    • Over-the-Counter (OTC)
    • Thru any accredited Pag-IBIG Collecting Partners
  4. Source of Funds:
    Select the source of funds:
    • Employment Income
    • Savings/Deopsits
    • Property Sale
    • Sale of Share or Other Investment
    • Loan
    • Company Sale
    • Company Profits/Dividends
    • Gift
    • Maturity/Surrender of Life Policy
    • Other Income Sources

Once done click the SUBMIT button.

Step 3: Your MP2 Account Details in PDF form

How to enroll MP2

A PDF file with your MP2 Enrollment details is created. Your 12-digit MP2 Account Number is created (see sample above).

You can save and print this form as your copy. 

Step 4: Pay to Start your MP2 Term

You can start paying for your monthly or one-time MP2 savings. Please note that the start of your 5-year term will start on the day of your first payment.

Some payment channels you can pay for your Pag-IBIG contribution:

  • Pag-IBIG branch
  • Virtual Pag-IBIG
  • Payment centers (such as Bayad Center, M Lhuillier, etc)
  • Credit card
  • GCash (PHP 70 worth of freebies if you register through my link)
  • Paymaya (Get P50 for FREE. Use My Invite Code is JE8Z5RWWNW31)
  • Coins.ph app.
  • 7-Eleven Stores (via ECPay).

I hope all of this information is helpful!


Featured Photo by Angie Reyes from Pexels