Guide on Requirements for GSIS Emergency Loan Offer Members May Apply For
REQUIREMENTS FOR GSIS EMERGENCY LOAN – You can check here the documents required by the Government Service Insurance System in applying for the calamity loan.
In the Philippines, one of the biggest state-run social insurance institutions is the Government Service Insurance System. More popularly called GSIS, it has millions of members across the nation as a GSIS membership is mandated among the government employees.
Every month, the GSIS members must post a monthly contribution based on the salary rate. It is usually done through an automatic payroll deduction. Accumulated savings may qualify a member to the offers of the state entity.
The Government Service Insurance System got loan and benefit offers. One of its loan offers is the GSIS Emergency Loan or also called the Calamity Loan.
Calamities are among those that cannot be prevented. Thus, several government entities including the GSIS want to ensure that their members have something to turn to if a natural disaster left their place under a State of Calamity.
Through the Emergency Loan offer, the social insurance giant wants to help its members who are in a State of Calamity. Here are the eligiility requirements for the GSIS Emergency Loan application:
- member resides or works in an area declared under a State of Calamity
- in active service
- not on a leave of absence without pay
- has no arrears in the payment of mandatory social insurance contributions
- has no in-default loan (unpaid for more than 6 months)
Aside from the eligibility requirements, there are also documentary requirements for the GSIS Emergency Loan application. Meanwhile, the list is very short. Here are the documents that must be submitted to the social insurance giant in applying for the loan offer:
- UMID Card
- duly-accomplished GSIS Emergency Loan Application Form
