Details about CitySavings Bank Pensionado Loan Offer for GSIS, SSS Pensioners
CITYSAVINGS BANK PENSIONADO LOAN – Here are some details on how much GSIS and SSS pensioners may borrow under this loan offer.
Pensioners of the Government Service Insurance System (GSIS) and the Social Security System (SSS) has loan offers to turn to if they need extra money. These offers are most beneficial in times of financial emergencies.
One of the banks that offer a loan to pensioners of GSIS and SSS is the CitySavings Bank. It is one of the most known banks in the country and it has earned the trust of the Filipino people.
The CitySavings Bank has both personal and business loan offers apart from the deposit accounts it offers. One of its loan offers is the CitySavings Bank Pensionado Loan.
Who are qualified to apply for CitySavings Bank Pensionado Loan? Aside from the pensioners, the individuals who obtained a survivorship pension may also apply for the loan offer. To be eligible to apply for the offer, the applicant-borrower must be:
- at least 40 years old but not more than 74 years old
- receiving a pension for at least one (1) month already
- a holder of a valid UnionBank & Government Service Insurance System (GSIS) UMID or eCard
How much you may borrow under CitySavings Bank Pensionado Loan offer? According to the bank, the maximum loanable amount is an aggregate of P500,000.00. You can pay for the loan from 12 months up to 24 monthly installments at 1.5% interest rate per month.
Aside from the eligibility requirements, there are documentary requirements in applying for the loan offer. To check on the documents that you must prepare, feel free to visit – CitySavings Pensionado Cash Loan Requirements for Application (LIST).
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