List of GSIS MPL Flex Requirements You Must Prepare To Apply
GSIS MULTIPURPOSE LOAN FLEX REQUIREMENTS 2024 – Listed below are the documents required for the MPL Flex application of the Government Service Insurance System.
In the Philippines, there is a huge edge in being a member of the social insurance giants with an updated account. The two (2) state-run social insurance giants in the country are the Social Security System (SSS) and the Government Service Insurance System GSIS.
The Government Service Insurance System or GSIS is the state entity that provides social insurance for former and current employees in the government who have applied for membership. It has several offers including benefits and loan offers.
Aside from the GSIS Calamity Loan and the GSIS Pension Loan, the Government Service Insurance System also has the GSIS Multipurpose Loan Flex or the GSIS MPL Flex. Under it, a qualified member-borrower may obtain up to P5 million.
The MPL Flex offer is open for member-borrowers who are not on leave of absence without pay at the time of application, with at least one (1) month premium contributions for both Personal Share and Government Share at the time of application, and has no pending administrative case and/or criminal case.
Furthermore, the member-borrower must have no GFAL account in default with the agency status not on a “suspended” status and with a “resulting net take-home pay after loan availment is not lower than the amount required under the General Appropriations Act, after all required monthly obligations have been deducted”.
With regards to the GSIS Multipurpose Loan Flex requirements, here are the documents required by the social insurance giant:
- duly accomplished MPL Flex Application Form
- photocopy of the Unified Multi-Purpose ID (UMID) card or Electronic Card (eCard)
There are several options with regards to the application mode and process. If you already have the GSIS Multipurpose Loan Flex requirements, you may proceed to the application process with the following options:
via eGSISMO
- Login to your eGSISMO account (BP number and PW)
- Click Loans Application icon and choose (Multi-purpose Loan), Loan Type (New or Renewal).
- Upload a Picture of Member holding UMID / Temporary CARD or 2 Valid Government IDs if UMID / Temporary CARD is lost (as JPEG or PDF File)
- Confirm Loan Agreement and click SAVE
- Await email confirmation from GSIS for tentative loan computation
via GWAPS Kiosk
- Visit a GWAPS Kiosk nearest to you.
- Place your eCard Plus/UMID in the G-W@PS kiosk card reader. Once the card reader has recognized your thumbmark, personal data will be displayed.
- Pick the Loan Windows icon and click on Multipurpose Loan. The screen will display the tentative computation of your preferred loan. You may change the loan amount and/or payment term.
- Place your selected finger on the biometrics scanner to confirm your loan application.
- Wait for the GSIS email or SMS regarding the result of your loan application.