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Yes, you can re-apply for a new MP2 savings account after the current one reaches its 5-year maturity.
Each time an MP2 account matures, you can either claim your savings or let it continue to earn dividends for 2 more years but only based on the regular PAG-IBIG savings program.
After 2 years of being unclaimed, your MP2 savings will stop earning dividends but can still be claimed anytime.
Go back to the main article: How to Invest in Pag-IBIG MP2 Program: An Ultimate Guide