GSIS Opens Emergency Loan to Members Affected by Zambo Siege
Targeted News Service |
To assist members who have been affected by the conflict between the government and the
According to GSIS President and General Manager Robert G. Vergara GSIS members in the two cities may apply for the loan from
Eligible members may borrow up to P20,000, which is payable in 36 equal monthly installments, with a reduced interest rate of six per cent. Renewal of loan may be made upon payment of at least 12 monthly amortizations but not earlier than the anniversary date of the previous EL.
They can avail of the emergency loan if they are not on leave of absence without pay; have no pending criminal or administrative charges; have no arrears in the payment of mandatory monthly contributions; and have no loans that are declared in default.
Meanwhile, the GSIS is still accepting application for emergency loan from members recently affected by heavy rains in Maguindanao and Cotabato City (
Other loan programs that GSIS members may avail of are the following: Educational Assistance Loan (EAL), which is open until
For more information on the loan programs of the GSIS, members may visit the nearest GSIS branch office or call the GSIS hotline at (02)847-4747.
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St. Joseph News-Press, Mo., Ken Newton column [St. Joseph News-Press, Mo.]
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