GSIS Enhanced Conso Loan Plus Not Anymore Available To Members
GSIS ENHANCED CONSO LOAN PLUS – The Government Service Insurance System (GSIS) has decided to phase out this loan offer.
One of the biggest social insurance institution in the Philippines is the Government Service Insurance System. It is more commonly known as the GSIS.
Most people working in the government and the public agencies are required to have memberships with the GSIS. It is an insurance institution that you can turn to most especially in times of need.
GSIS got several loan offers. Its previous list of offers include a consolidated loan, a policy loan, an emergency loan, and a pensioner loan.
With regards to the consolidated loan offer, the GSIS Enhanced Conso Loan Plus, it aims to combine the outstanding loan of a member to have one interest only.
The said loan offer can combine the following into a single loan:
- Salary Loan
- Restructured Loan
- Enhanced Salary Loan
- Emergency Loan Assistance
- Summer One-Month Salary Loan
However, recently, the state-run social insurance institution came into a decision to phase out the GSIS Enhanced Conso Loan Plus. Meanwhile, it will be replaced by another loan offer.
According to GSIS, all members that have submitted applications for the said loan offer but was not approved yet may reapply for the new loan that it will be offering. More updates may be posted soon…
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