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GSIS extends computer loan until Dec. 31


(Unsplash)
“The GSIS Computer Loan is intended to assist government employees in purchasing a computer unit for their online work or even for the virtual classes of their children,” GSIS President and General Manager Rolando Ledesma Macasaet said Tuesday, May 11.
Under the program, GSIS members may borrow P30,000 payable in three years at an interest of 6 percent annually.
“The loan is very member-friendly as it has a monthly amortization of only P983.33. And the application may be done online,” Macasaet added.
Qualified to apply for the computer loan are active members who have not paid at least three months of premiums, gave permanent appointment, are not on leave of absence without pay, have no pending administrative or criminal case, have no arrears under the GSIS Financial Assistance Loan, have no past due GSIS loan except housing loan, and are not under suspended agencies. ....

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GSIS increases pension loan limit to P500,000, removes age cap


SunStar
+
February 01, 2021
STATE pension fund Government Service Insurance System (GSIS) enhanced its pension loan program by increasing the maximum loanable amount to six times the monthly pension, up to a maximum loan of P500,000, regardless of the pensioner s age.
Previously, only old-age pensioners who are 64 years old and below may avail of the maximum amount equivalent to six times their monthly pension. Pero dahil gusto naming mabigyan ng ginhawa ang lahat ng old-age pensioners sa gitna ng pandemyang apektado ang lahat, pwede nang makahiram ang lahat ng old-age pensioner ng maximum amount kahit 65 years old o higit pa sila. Itinaas na rin namin ang credit limit mula sa P100,000 hanggang P500,000 sa ilalim ng Enhanced Pension Loan, GSIS president and general manager Rolando Ledesma Macasaet said. ....

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