GSIS ENHANCED CONSO-LOAN PLUS – Here is a guide on how to apply for this cash loan offer of the Government Service Insurance System (GSIS).
In the Philippines, the Government Service Insurance System, popularly called GSIS, is one of the biggest social insurance institutions in the country. Millions of Pinoys are members of the said state-run social insurance institutions which was designed for government employees and those who are working in the public sector.
The GSIS membership is not only for those who are currently in public service. There are also former government employees who are enjoying their retirement benefits from GSIS now. Meanwhile, while your retirement age has yet to arrive, the loans are what you can avail.
GSIS offers multiple loans for its members. One of it is the GSIS Enhanced Conso-Loan Plus, a loan that consolidates all the other existing loans of a member into a single loan. It diminishes the penalty acquired under the consolidated loans.
The loanable amounts under this offer depends on the total posted contribution or savings of the member-borrower. To check on the amount that you may borrow, feel free to visit – GSIS Member Cash Loan – Guide on the Loanable Amounts based on Contribution.
For the application to this loan offer, you may apply through the GSIS Wireless Automated System (GWAPS) kiosks that are found in 57 branches of the state-run social insurance institution. These are also present in the extension offices of GSIS and selected Robinsons malls, municipal offices, provincial capitols, and DepEd offices.
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