List of GSIS Multi-Purpose Loan Requirements 2024 for Application
GSIS MULTI-PURPOSE LOAN REQUIREMENTS 2024 – Here are the documents required to apply for the MPL offer of the Government Service Insurance System.
In the Philippines, one of the giants in terms of social insurance is the Government Service Insurance System. More popularly called GSIS, the social insurance entity has millions of members across the nation and most of its member populace is composed of former and existing employees of the government.
Every month, the GSIS members pay for a monthly contribution or savings to maintain an updated account. It is one of the ways to qualify to the offers of the social insurance giant which includes benefit offers and loans.
Aside from the GSIS Calamity Loan, another loan offer of the social insurance giant is the GSIS Multi-Purpose Loan or also called the GSIS MPL. It is a cash loan offer that consolidates the existing debts of the member-borrower and can provide some extra funds.
Under the loan offer, up to 14x of his/her basic monthly salary may be availed by the member-borrower. According to the Government Service Insurance System, the maximum loanable amount depends on the “members’ Period with Paid Premiums (PPP) and computed Basic Monthly Salary (BMS)”.
What are the GSIS Multi-Purpose Loan requirements for application? The list of documents vary depending on the how you wish to apply for the loan offer.
You can check here the GSIS Multi-Purpose Loan requirements under each type of loan application process:
via eGSISMO
Requirements:
- duly-accomplished MPL Application Form
- photocopy of the eCard or UMID eCard
How To Apply
- Login to your eGSISMO account (BP number and PW)
- Click Loans Application icon and choose (Multi-purpose Loan), Loan Type (New or Renewal)
- Upload a Picture of Member holding UMID / Temporary CARD or 2 Valid Government IDs if UMID / Temporary CARD is lost (as JPEG or PDF File)
- Confirm Loan Agreement and click SAVE
- Await email confirmation from GSIS for tentative loan computation
via Email
Requirements:
- duly-accomplished MPL Application Form
- clear picture of the borrower holding his GSIS UMID eCard (or temporary eCard)
- if GSIS UMID eCard or temporary eCard is not available, present 2 valid IDs instead and do the following:
How To Apply
- Take a clear photo of the 2 valid IDs (front and back)
- Take a clear photo of the borrower holding the 2 valid ID cards
- Save the Application Form and photos as JPEG or PDF File
- Email the documents to your GSIS handling branch
- Await email confirmation from GSIS for tentative loan computation
via GWAPS Kiosk
Requirements:
- duly-accomplished MPL Application Form
- clear picture of the borrower holding his GSIS UMID eCard (or temporary eCard)
- if GSIS UMID eCard or temporary eCard is not available, present 2 valid IDs instead and do the following:
How To Apply
- Go to a GWAPS kiosk nearest you
- Place your eCard Plus/UMID in the G-W@PS kiosk card reader. You will be required to place your finger in the biometrics scanner. Once recognized, personal data will be displayed
- Choose Loan Windows icon and click on Multipurpose Loan. The screen will display the tentative computation of your preferred loan. You may change the loan amount and/or payment term
- To confirm your loan application, place selected finger on the biometrics scanner
- Await for email or SMS from GSIS regarding the approval of your loan