GSIS LOAN INTEREST RATES – List of Interest Rates Under GSIS Loans

Guide on the GSIS Loan Interest Rates

GSIS LOAN INTEREST RATES – Here is a list of the interest rates under the loans to the Government Service Insurance System (GSIS).

One of the biggest social insurance institutions in the Philippines is the Government Service Insurance System. More popularly called as GSIS, it is where most public employees are insured under.

GSIS has several offers for its members including loans. Members may be eligible to apply for the GSIS Conso-Loan, GSIS Policy Loan, GSIS Emergency Loan, and GSIS Pension Loan.

The GSIS Conso-Loan is designed to combine all the existing loans of the member into a single loan while the GSIS Policy Loan is applied depending on the insurance policy of the member.

With regards to the Emergency Loan, it is offered to the GSIS members whose area of residence has been hit by a calamity. Every month, the social insurance institution posts the list of areas whose residents are eligible for the said loan offer.

The Pension Loan is open for the GSIS pensioners. The social insurance institution is offering the GSIS Pension Emergency Loan which is open for pensioners who are living in areas hit by a calamity.

With regards to the GSIS loan interest rates implemented by the social insurance institution, it may differ depending on the type of loan applied for.

Based on an article on Cashmart, here is a list of the GSIS loan interest rates under the loans offered by the social insurance institution:

• GSIS Conso-Loan – 12% per annum
• GSIS Policy Loan – 8% compounded annually (For both Life Endowment Policy and Life Enhanced Policy)
• GSIS Emergency Loan – 6% in computed advance
• GSIS Pension Loan – 10% per annum
• GSIS Pension Emergency Loan – 6% per annum

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