Guide on GSIS Cash Loan Loanable Amount for Members with 10 Years Savings
GSIS CASH LOAN – Here’s an inclusive guide that outlines the borrowing limits that GSIS members, who have contributed for 10 years, can avail themselves of.
The Government Service Insurance System (GSIS), a social insurance giant in the Philippines, is one of the entities that its members may turn to in times of financial needs. Its multi-purpose loan offer is the Enhanced Conso-Loan Plus.
The Enhanced Conso-Loan Plus is a cash loan offer that consolidates the existing loans of a GSIS member under a single loan. You can check more about this loan offer below.
The GSIS offers the Enhanced Conso-Loan Plus program, which consolidates multiple loans into a unified package. This consolidation leads to the elimination of penalties and surcharges, all of which are waived as part of this program.
This consolidation will include the following loans if there are existing:
- 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 10 years are eligible to borrow a maximum loan amount equal to 10 months’ worth of their Basic Monthly Salary, or 10 times their Basic Monthly Salary. The loan duration can be extended up to a maximum of 10 years.
|Loans||Details||You may visit:|
|GSIS Retirement Benefit||This 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 Benefit||This 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 Benefit||This benefit was crafted to help GSIS members who lost their job.||GSIS UNEMPLOYMENT BENEFIT – Who May Apply For This GSIS Benefit|
|GSIS Disability Benefit||The 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 Benefit||When 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 Benefit||This 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