GSIS CASH LOAN: Here’s How Much Members w/ 5 Years Savings May Borrow

Guide on GSIS Cash Loan Loanable Amount for Members with 20 Months Savings

GSIS CASH LOAN – Below is a guide about the borrowing limits available to Government Service Insurance System (GSIS) members who have made contributions for a five (5) years under this loan program.

Several GSIS members have the chance to access loans offered by the state-owned social insurance agency. One of the available loan choices is the Enhanced Conso-Loan Plus.

The GSIS Enhanced Conso Loan Plus functions as a flexible cash loan. Detailed information about this loan offer can be found below.

GSIS CASH LOAN
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The Enhanced Conso-Loan Plus program offered by the Government Service Insurance System (GSIS) combines various loans into a unified package, eliminating penalties and surcharges, which will be waived under this program.

The following loans will be included in this consolidation:

  • Salary Loan
  • Restructured Salary Loan
  • Enhanced Salary Loan
  • Emergency Loan Assistance
  • Summer One-Month Salary Loan

Under the GSIS cash loan offer mentioned, those who have made premium contributions for at least five years are eligible to borrow a maximum loan amount equal to 7 months’ worth of their Basic Monthly Salary, or 7 times their Basic Monthly Salary. The loan duration can be extended up to a maximum of 10 years.

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

You may also visit – GSIS BENEFITS – Full List of Benefits For GSIS Members

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