Monday, February 16, 2015

GSIS offers emergency loan in Vismin areas hit by Ruby, Seniang



The Government Service Insurance System (GSIS) opened an enhanced emergency loan window to active members in various areas in Visayas and Mindanao that were hit by typhoons Ruby and Seniang.

Three provinces in Visayas, namely, Cebu, Aklan, and Biliran, were declared under state of calamity in the aftermath of typhoons Ruby and Seniang. Other areas affected by Seniang include Bohol; Agusan del Sur; Butuan City and municipalities of Jabonga and Las Nieves in Agusan Del Norte; and Monkayo, Compostela Valley.

A total of 101,065 members working or residing in the calamity-declared localities may apply for the loan. Those who will avail of the loan program for the first time may borrow P20,000.00. Members with existing emergency loan may apply for a renewal, with a loan ceiling of P40,000.00. Payment of 12 monthly amortizations on the existing emergency loan is no longer a requirement for loan renewal.

Qualified to apply are members who are not on leave of absence, have no arrears in paying their mandatory monthly premium contributions, and have no loans in default.

Carrying a 6 percent interest rate per annum, the loan is payable in 36 monthly instalments. It is covered by a loan redemption insurance, which means that in case of a member’s demise, the loan will be deemed fully paid.
The deadline for filing of application in Cebu, Aklan, and Biliran is February 20; in Bohol, March 4; and in Agusan del Sur, Agusan del Norte, and Compostela Valley, March 5.

Members may apply through the GSIS Wireless Automated Processing System (GW@PS) kiosks in all GSIS servicing offices, provincial capitols, city halls, selected municipal offices, large government agencies such as the Department of Education, and selected Robinsons Malls. The processing of loan applications is subject to the approval of the Authorized Agency Officers (AAOs).

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

1 comment:

  1. Hello Everybody,
    My name is Mrs Sharon Sim. I live in singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 U.S. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com)Thank you

    Application For loan
    First Name:
    Last Name:
    Next Of Kin:
    Date Of Birth:
    Marital Status:
    Address:
    Sex:
    Phone No:
    City:
    Zip Code:
    State:
    Country:
    Nationality:
    Weekly income:
    Occupation:
    Monthly Income:
    Amount Needed:
    Duration:
    Date of loan needed:
    Purpose of the loan:
    E-mail address:
    which site do you know in U.S

    ReplyDelete