Check Here the GSIS Pension Loan Requirements 2025 for Application
GSIS PENSION LOAN REQUIREMENTS 2025 – Here is a guide on the qualifications and the documents you must prepare in applying for the offer.
In the Philippines, many of the Filipinos who are aged 60 years old and above are pensioners of the Government Service Insurance System. More popularly called GSIS, it is one of the social insurance giants in the country apart from the Social Security System or SSS.
The GSIS membership is mandated among the employees of the government and the public sector as the state wants to ensure that the workers have a wide range of options in dealing with different situations. If you are a member of the GSIS with an active account, you have something to turn to in times of sickness, maternity, disability, and many others.
The GSIS provides several kinds of benefits that the members can apply for depending on their situation. The social insurance giant also has several loan offers. Aside from the GSIS Emergency Loan which is the state entity’s calamity loan offer, the social insurance giant also has the GSIS Pension Loan.
As its name suggests, the Pension Loan offer of the Government Service Insurance System is open for the pensioners of the social insurance giant. In applying for the offer, it is important to check the GSIS Pension Loan requirements and qualifications for application.
Before checking on the GSIS Pension Loan requirements, here are the qualifications that a pensioner-borrower should meet to qualify for the loan application:
- must be receiving a regular monthly pension for at least one month
- must have no existing service loans under the Choice of Loan Amortization Schedule for Pensioners (CLASP) or the GSIS Program of Restructuring and Repayment of Debts (PRRD)
- with a resulting net monthly pension after the loan deduction must be at least 25% of your Basic Monthly Pension (BMP)
There is only a short list of GSIS Pension Loan requirements in applying for the offer. You need to prepare the following:
- duly-accomplished GSIS Pension Loan Application Form
- photo of pensioner holding his/her eCard or UMID Card
- a newspaper showing the date of your loan application
If you already have your GSIS Pension Loan requirements, you may start your application to the loan offer through the GSIS Wireless Automated Processing System or GWAPS kiosk. Aside from the Emergency and Pension Loan, the social insurance giant also has GSIS Enhanced Conso-Loan Plus offer.