GSIS offers emergency loan to 45KUsman-hit members, pensioners from Camarines provinces

Home Media Center GSIS offers emergency loan to 45KUsman-hit members, pensioners from Camarines provinces

Date Posted: March 1, 2019

The Government Service Insurance System (GSIS) is offering emergency loan to a total of 45,348 active members and old-age pensioners in the provinces of Camarines Norte and Camarines Sur who were affected by tropical depression Usman.

The application deadline is March 17, 2019.

Currently, a total of 24,314 active members with no existing emergency loan may apply for Php20,000. In addition, there are 14,107 active members who have not yet fully paid their emergency loan who may borrow Php40,000, from which the remaining balance will be deducted.

To qualify, active members must be working or residing in the calamity-declared areas, not be on leave of absence without pay, have no arrears in paying monthly mandatory life insurance or social insurance premium contributions, and have no unpaid loans for more than six months. They should also have a minimum net take-home pay of Php5,000 after the monthly premium contributions and loan amortizations have been deducted.

Active members may apply through the GSIS Wireless Automated Processing System (GWAPS) kiosk located in all GSIS branch and extension offices; provincial capitols; city halls; selected municipal offices; large government agencies such as the Department of Education; Robinsons Malls; and selected SM City branches in North EDSA, Manila, Pampanga, Cebu, SM Aura in Taguig, SM Southmall in Las Piñas, and Mall of Asia in Pasay City.

A total of 6,927 old-age pensioners in the areas may personally apply for a Php20,000 loan. Pensioners who are also active members may apply for the loan only once.

Emergency loan is payable in 36 equal monthly instalments at six percent interest rate per annum. It is covered by a loan redemption insurance, which deems the loan fully paid in case of the borrower’s demise, provided that loan repayment is up to date.

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

Interested parties who have inquiries may visit the GSIS website,, or Facebook account,; email; or call the GSIS Contact Center at 847-4747 if in Metro Manila or 1-800-8-847-4747 (for Globe [free with minimum Php8.00 load] and TM subscribers) or 1-800-10-847-4747 [for Smart, Sun, and Talk ’N Text subscribers; Php8.00/call]).