State pension fund Government Service Insurance System (GSIS) set aside more than P511 million under the Ginhawa for All Emergency loan for its active members as well as old-age and disability pensioners in Davao del Norte province and the municipality of Montevista in Davao de Oro.

GSIS opened the loan window until May 7, 2022 to help over 25,000 affected members and pensioners in the said areas which were declared under a state of calamity due to the massive flooding brought by continuous heavy rains. The flooding damaged houses, crops, properties, critical facilities and infrastructures.

“May mga kababayan tayo na madalas makaranas ng kalamidad. Kaya para sa ating members at pensioners na may binabayaran pang emergency loan at nais muling mag-apply nito, makakahiram sila ng hanggang P40,000. lbabawas ang natitira pa nilang balanse mula sa kanilang loan proceeds. Para sa mga walang emergency loan, pwede silang mag-apply ng P20,000,” President and General Manager Rolando Ledesma Macasaet said.

The emergency loan is payable in 36 equal monthly installments with a 6% interest rate. It also has a loan redemption insurance which deems the loan fully paid, in case of the borrower’s demise, provided the loan payment is up to date.

To qualify, active members must be residing or working in the calamity areas, not be on leave of absence without pay, have no pending administrative case or criminal charge, have at least three monthly premium payments within the last six months prior to application; and have a net take¬home pay not lower than the amount required under the General Appropriations Act after all monthly obligations have been deducted. Members who have emergency loans that have been unpaid for 6 months or less (in arrears) or more than 6 months (already due and demandable) may apply for emergency loan renewal.

Old-age and disability pensioners residing in the 2 areas may also avail of the loan as long as their resulting net monthly pension after the loan availment is at least 25% of their basic monthly pension.

Loan application may be filed through the GSIS Touch mobile app, Electronic GSIS Member Online (eGSISMO) facility, or GSIS Wireless Automated Processing System (GWAPS) kiosk; emailed to the GSIS handling branch; placed in drop boxes located in lobbies of GSIS offices; or submitted over the counter at any GSIS office.

“Dinagdagan po namin ang application methods namin para mas maging mabilis, maginhawa at ligtas ito para sa aming members at pensioners sa panahon ng kanilang pangangailangan at ngayong may pandemya,” Macasaet said.

The GSIS Touch may be may be downloaded from Google Play or the App store. EGSISMO may be accessed through the link http://egsismo.gsis.gov.ph and signing up using the member’s GSIS Business Partner Number (which may obtained from their office’s agency authorized officer or electronic remittance file handler, any GSIS office, or GSIS Contact Center).

Active members may apply using their UMID card through the GWAPS kiosks located in all GSIS branch and extension offices; provincial capitols; city halls; selected municipal offices; large government agencies such as the Department of Education; Robinsons Malls; and selected SM City branches in North EDSA, Manila, Pampanga, Cebu, SM Aura in Taguig and Mall of Asia in Pasay City.

For borrowers who would opt to email their application to their handling GSIS office, kindly check this link https://www.gsis.gov.ph/contact-gsis/?csrt=15738014877151723849 for the email addresses.

The proceeds will be directly credited to the borrower’s Unified Multi-Purpose ID card or temporary eCard Plus account.

For more information, interested parties may visit the GSIS website(www.gsis.gov.ph), or Facebook page (@gsis.ph), email gsiscares@gsis.gov.ph, or call the GSIS Contact Center at 8847-4747 (if in Metro Manila), 1-800-8-847-4747 (for Globe and TM subscribers), and 1-800-10-847-4747 (for Smart, Sun, and Talk ‘N Text subscribers).