Pag-IBIG MP2
Savings program ng pag-ibig with a high dividend rate.
Para sa mga members and former members, pati nadin pensioners. Basta may income.
Holding period of 5 years.
Minimum amount na pwde invest: 500. No limit to the maximum amount.
How to receive the dividends (2 ways):
1. Lump sum. At the end of 5 years, you will receive your money plus the compounded dividends in one go.
2. Annually. Every year, you get to withdraw the dividends.
5 years pero pwede magpa-renew.
PROS
NO TAX
Guaranteed by Government
high dividends / interest rate
CONS
Guaranteed by Government
Connected to the housing market (interest rate may rise and fall) may mga tao na mahirapan makabayad / defaults.
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