GSIS offers emergency loan to 37K members, pensioners

The Government Service Insurance System (GSIS) is offering emergency loan to a total of 37,198 active members and old-age pensioners in Bantayan, Daanbantayan, and Medellin in Cebu; Bukidnon (except Valencia City); and Zamboanga Sibugay.

The Cebu areas were affected by tropical storm Urduja and the others, by typhoon Vinta.

The deadline for application in Cebu is March 20 and the remaining areas, March 22.

A total of 26,130 active members in the calamity areas who have no existing emergency loans may apply for a Php20,000 loan. The 7,172 active members who have not yet fully paid their loan may apply for a Php40,000 loan, from which the remaining balance will be deducted.

To qualify, active members must be working or residing in the said areas, not be on leave of absence without pay, have no arrears in paying premium contributions, and have no unpaid loans for more than six months. They should also have a minimum net take-home pay of Php5,000 after the monthly premium contribution and loan amortization have been deducted.

Active members may apply through the GSIS Wireless Automated Processing System (GWAPS) kiosk located in all GSIS branch and extension offices; provincial capitols; city halls; selected municipal offices; large government agencies such as the Department of Education; Robinsons Malls; and selected SM City branches in North EDSA, Manila, Pampanga, Cebu, SM Aura in Taguig, and Mall of Asia in Pasay City.

To avail of the loan, the 3,896 old-age pensioners in the areas may apply over the counter. They are eligible for a Php20,000 loan amount. Pensioners who are also active members may apply for the loan only once.

Emergency loan is payable in 36 equal monthly instalments at six percent interest rate per annum. It is covered by a loan redemption insurance, which deems the loan fully paid in case of the borrower’s demise, provided that loan repayment is up to date.

Loan proceeds are electronically credited to the borrower’s GSIS electronic card (eCard) or unified multipurpose identification (UMID) card.

Interested parties who have inquiries may visit the GSIS website,, or Facebook account,;; or call the GSIS Contact Center at 847-4747 or 1-800-8-847-4747 (for Globe subscribers) or 1-800-10-847-4747 (for Smart,Sun,Talk ’N Text subscribers; Php8.00 / call).

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