Guide on GSIS Calamity Loan Interest Rate Implemented by Gov’t Agency
GSIS CALAMITY LOAN INTEREST – Here are some details about the interest rate implemented under the GSIS Emergency Loan offer.
The Government Service Insurance System or more commonly called GSIS is one of the entities that offer different kinds of loans. The offers of the state-run agency are exclusive to its members which are composed of individuals who have worked or are currently working in the government and the public sector.
A huge part of the Filipino populace is composed of GSIS members. Every month, they turn over a certain amount from their salary based on how much they earn monthly to the government agency. It serves as their monthly contribution or savings.
Accumulated monthly savings may qualify a GSIS member to the loans and benefits offered by the government agency. One of the loan offers is the GSIS Calamity or Emergency Loan.
The GSIS Calamity Loan is open for members who are working or living in an area declared under a state of calamity. The applicant-borrower should have posted at least three (3) monthly savings within the latest six months prior to the loan application.
Do you want to check on the loanable amounts under the emergency loan offer? Feel free to visit – GSIS CALAMITY LOAN: Minimum and Maximum Amounts You Can Borrow.
Not only the GSIS members who have no existing loans to the government agency but as well as those who existing loans but are on good credit standing may apply for this loan offer. How about the GSIS Calamity Loan interest rate?
According to GSIS, the GSIS Calamity Loan interest rate implemented under the calamity loan offer is 6%. The loan is payable for up to three (3) years or 36 monthly installments.
You may visit – GSIS Calamity Loan: List of Areas Eligible for Emergency Loan this November 2022
are retirees in the province of antique qualified to apply for calamity loan how much and what is the mode of payment thank you!