Guide on How To Check the Loanable Amounts Under the GSIS Loans
GSIS LOANS – Here is a guide on how to check the loanable amount under each loan offer of the Government Service Insurance System (GSIS).
The Government Service Insurance System or more commonly called as GSIS is one of the social insurance institutions with a huge number of members. The people working in the public sector are members of GSIS.
If you are a member of the GSIS, you must pay for a monthly contribution or a monthly savings to avail its offers. The benefit that most members look forward to is the retirement benefit.
Meanwhile, aside from the retirement benefit wherein a member may obtain a pension, there are several other GSIS loans you may apply for. Each serves specific purposes.
You may apply for the GSIS Conso-Loan that can help you consolidate all your existing debts into a single debt. In this way, you can avoid the piling up of interests on several loans and focus only in one (1) loan.
Aside from the conso-loan, you may also be eligible for the GSIS Policy Loan offer. You can borrow a certain amount under your GSIS life insurance and avail low interest rate at 8%.
Also another part of the offers is the GSIS Emergency Loan. It is a loan offer made available for those who are living in areas struck by natural calamities. It aims to help the members recover from the loss.
With regards to the loanable amounts under these GSIS loans, according to the government agency, the members may check it through the eGSISMO online facility. You just have to visit a branch with the said facility and bring your card with you.
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