GSIS Pensioner Loan – Here’s How Much You May Borrow If You’re Aged 60-64

Guide on GSIS Pensioner Loan Loanable Amount

GSIS PENSIONER LOAN – Provided below is a guide on the allowed borrowing amount for pensioners who are aged between 60 to 64.

Pensioners of the Government Service Insurance System (GSIS) may apply for loan to the social insurance agency in times of financial need. This was crafted to help the pensioners obtain money apart from their basic monthly pension.

GSIS Pensioner Loan
Photo Credit: Daily Guardian

If you are aged 60 to 64, the maximum loanable amount under the Pag-IBIG Pensioner Loan is up to six times of your Basic Monthly Pension (BMP) but not over P100,000.00. If you are receiving a monthly pension of P5,000 per month, you may borrow up to P30,000.00.

Aside from the GSIS Pensioner Loan, there are other benefits offered by the state-run agency to its members and pensioners. You may refer to the table below.

LoansDetailsYou may visit:
GSIS Retirement BenefitThis GSIS benefit is offered to members of the social insurance institution who have reached 60 years old and qualify to the eligibility requirements set. GSIS Retirement Benefit: List Of Retirement Programs Offered By GSIS
GSIS Separation BenefitThis benefit is intended to help members who got separated from their work due to the restructuring of the company.GSIS Survivorship Pension – Guide on Requirements in Applying for It
GSIS Unemployment BenefitThis benefit was crafted to help GSIS members who lost their job.GSIS UNEMPLOYMENT BENEFIT – Who May Apply For This GSIS Benefit
GSIS Disability BenefitThe GSIS Disability Benefit is for members who obtained permanent total disability, permanent partial disability, or temporary total disability due to various conditions.GSIS DISABILITY BENEFIT – Who May Apply For This GSIS Benefit?
GSIS Survivorship BenefitWhen a pensioner dies, his or her spouse and minor children will be receiving a part of the pension of the deceased GSIS member. GSIS Survivorship Pension – Guide on Requirements in Applying for It
GSIS Funeral BenefitThis benefit was crafted to help assist the family of a GSIS member who passed away in his or her burial.GSIS FUNERAL BENEFIT – Who Are Eligible For This Cash Assistance

For a guide on the documents required by the Government Service Insurance System (GSIS) in applying for the loan offer, you may visit – LIST: Requirements for GSIS Pension Loan You Must Prepare in Applying.

You might also like to check the interest rate implemented by the state-run social insurance agency. Feel free to visit – GSIS Pension Loan Interest Rate Implemented by Institution.

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