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GSIS service loans can be merged under single account

MANILA - Active members of the Government Service Insurance System (GSIS) with outstanding loan obligations can consolidate all their service loans into a single loan account called Multi-Purpose Loan (MPL) Plus. National Capital Region Operations Group vice president Rodrigo Manuel announced Monday that MPL Plus gives members the chance to restructure their "in-default" or "in-arrears" loan accounts. "So dahil po dito, ay mababayaran sa abot-kayang halaga ang loan po ng atin pong member (Because of this, the loans of our members can be paid in an affordable value)," he said during the "Laging Handa" public briefing. Manuel pointed out that GSIS members without outstanding loan obligations but need to increase their credit line, can also enjoy MPL Plus, which offers lower interest rates and longer payment terms. "Ang (The) maximum loanable amount ay (is) up to 14 times ng (of) basic monthly salary ng isang miyembro (of a member). Ngunit hind ....

Government Service Insurance System , Rodrigo Manuel , National Capital Region Operations Group , Multi Purpose Loan , Capital Region Operations Group , Financial Assistance Loan , General Appropriations , Unified Multi Purpose Identification , Manila Active Members Of The Government Service Insurance System Gsis With Outstanding Loan Obligations Can Consolidate All Their Loans Intoa Single Account Called Multi Purpose Mpl Plus National Capital Region Operations Group Vice President Rodrigo Manuel Announced Monday That Gives Chance To Restructure Quot In Default Or Arrears Accounts So Dahil Po Dito , Y Mababayaran Sa Abot Kayang Halaga Ang Loan Po Ng Atin Pong Member Because Of This , He Loans Of Our Members Can Be Paid In An Affordable Value , Uot He Said During The Quot Laging Handa Public Briefing Manuel Pointed Out That Gsis Members Without Outstanding Loan Obligations But Need To Increase Their Credit Line , An Also Enjoy Mpl Plus , Hich Offers Lower Interest Rates And Longer Payment Terms Quot Ang The Maximum Loanable Amount Ay Is Up To 14 Times Ng Of Basic Monthly Salary Isang Miyembro Ofa Member Ngunit Hindi Po Dapat Ito Mag Exceed But It Should Not Toa Php5 Million Lamang Only , Uot He Clarified The Maximum Loanable Amount Depends On Number Of Years In Service , Employment Status , Nd Salary Of The Member Gsis Mpl Plus Hasa Maximum Payment Term 10 Years But Would Also Depend On Number In Service And Amount Contributions Quot Para Naman Doon Sa Mga Bagong Ng Na Nakapag Render Lamang For New Members Who Have Only Rendered At Least Three Months Premium Contribution Less Than 20 , Ng The Payment Term Po Na Binibigay Natin Sa Kanila That We Will Give Them Is Up Toa Maximum Of Three Years Lamang Only , Uot Manuel Explained He Said Qualified Gsis Mpl Plus Applicants Should Have Rendered Service With Premium Contributions For At Least Three Months Not Under Leave Of Absence Without Pay No Pending Administrative And Or Criminal Case Works Ata Government Agency An Approved Memorandum Agreement Financial Assistance Loan The Added That Where Applicant Be Suspended Time Application Member 39s Net Take Home Below Minimum Amount Php5 , 000 As Provided Under The General Appropriations Act Quot Pupuwede Po Silang Mag Apply They Can Through Gsis Kiosk Or Online Transaction Egsismo , R Using The Enhanced Gsis Touch Mobile Application , Uot He Said For Those Who Are Temporarye Card Holders Or Have Defective Unified Multi Purpose Identification Cards Cannot Capture Their Biometrics In The Kiosk , Hey Can File Their Loan Over The Counter Filled Up Application Forms Also Be Submitted Through Drop Boxes In All Gsis Offices Or Email Pna ,