Moratorium Covers Payments for GSIS Loans Amid COVID-19 Crisis in PH
GSIS LOANS – The Government Service Insurance System is offering a moratorium on loan payments amid the COVID-19 crisis.
Currently, Philippines is on a health crisis. It is due to the outbreak of coronavirus or COVID-19 which has affected over 200 countries across the globe.
In PH, over 10,000 cases of coronavirus were recorded. The high risk areas are still under an Enhanced Community Quarantine (ECQ) now until May 15.
As per the recommendation of the National Inter-Agency Task Force against COVID-19, areas that are considered as low and medium risk were downgraded to a General Community Quarantine (GCQ). Meanwhile, the public is reminded to only go outdoors for essential purposes and to exhibit social distancing.
Amid the community quarantine implementations, a lot of people lost their monthly income. Many non-essential businesses temporarily stopped their operation amid the crisis.
Only businesses like the pharmacies, grocery stores, water refilling stations, restaurants, banks, and other essential firms continue operating amid the ECQ. They’re on a skeletal system.
Recognizing the financial struggle of a lot of Filipino households, the Government Service Insurance System is offering a moratorium on the payments for GSIS loans.
On its official website, the government agency announced that payment for the GSIS loans for the months of March, April, and May may be deferred. The collection of payments will resume on June 1, 2020.
According to GSIS, the move of the Board of Trustees is in line with the “Bayanihan To Heal As One” act amid the national crisis. The moratorium includes those who have housing loan with the government insurance institution.
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READ ALSO: GSIS Loan Online Application – How To Apply Online & Requirements
Dear GSIS:
Ako po ay nag apply online ng emergency loan noon pang april 20, 2020. Sa hindi malamang kadahilanan, hindi po ako nakakatanggap ngconfirmation kung ang application ko ay negative o may kahihinatnan. Gayun pa man. by april 28, 2020, nakatanggap ako ng message na ang kulang lang daw ho sa akin ay photo na may hawak na identification card at ito naman ay na accomplish ko. Nag resend muli ako ng application sa [email protected]. Since then, hindi na ho ako nakakatanggap ng message. Our AAO said, dapat po ay i forward ng GSIS ang aking application sa verifier para ma validate.
Ma’am/Sir, sana po ay mabigyang-pansin ninyo ang aking issues and concern na ito. Baka hindi lamang po na-re read ng kinauukulan ang aking email application. Salamat po sa inyong pagbibigay pansin.
GREG PADUA VILLANUEVA
Employee No. 4425593
I received my pension last May 5 but only one month was refund on my moratorium. Please check on this, for I was expecting 3 months.
I have an calamity loan last January 2020. No deduction yet . Now I wish to apply Emergency loan and Pension loan. Can I apply both? I Hope you can help me in this regard
LORETTA S. STA.MARIA
TACLOBAN CITY
I applied for GFAL last March 2, 2020.Just want to know the status of my application. I am from Eastern Samar. Hope you can help me with My query.
Thank you for accepting my applay as calamity loan,goodbless
Can a 5 yr lump sum retiree can avail the loan offered by GSIS?????? I retire last 2016