GSIS Loans 2023 Qualified Members May Apply For — FULL LIST

Complete List of GSIS Loans 2023 for Members

GSIS LOANS 2023 – Here is a full list of the loan offers that members of the Government Service Insurance System may apply for.

In the Philippines, employees in the government are mandated to maintain an active membership to the Government Service Insurance System. More popularly called GSIS, it is one of the state-run social insurance giants in the country.

GSIS Loans
Photo Credit: Daily Tribune

Millions of Filipinos have worked or are currently working in the government thus the GSIS has multi-million members. These individuals, except for the retirees and pensioners, submit a monthly contribution to keep their accounts updated and in the pursuit of the Retirement Benefit.

Aside from the GSIS benefits, there are several loans that the members of the Government Service Insurance System may qualify for application. You can check these loan offers below.

Photo Credit: PNA

One of the GSIS Loans that members may apply for is the GSIS Enhanced Conso-Loan Plus that consolidates all the existing loans of the member into a single loan account. It waives penalty and surcharges. Under the loan offer, the following loans may be consolidated:

  • Salary Loan
  • Restructured Salary Loan
  • Enhanced Salary Loan
  • Emergency Loan Assistance
  • Summer One-Month Salary Loan

Members of the Government Service Insurance System who are insured under the Life Endownment Policy (LEP) or the Enhanced Life Policy (ELP) may apply for the GSIS Policy Loan offer. The loanable amounts, interest rate, and other features depend if you are insured under the LEP or the ELP.

In times of calamities, members of the GSIS who are living or working in areas declared under a State of Calamity may apply for the GSIS Enhanced Emergency Loan offer. It was designed to help the members in recovering from the impacts of the natural disaster.

Pensioners of the state-run social insurance agency may qualify to the GSIS Pension Loan which can augment their financial needs that may not be covered by their monthly pension. The loanable amounts depends on the age of the pensioner.

Also one of the GSIS loans is the GSIS Pensioners Emergency Loan. This loan offer is exclusive for the pensioners residing in areas declared under a State of Calamity.

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