GSIS offers emergency loan to ‘Odette’ victims

State-owned Government Service Insurance System is granting emergency loan to members and pensioners in six regions in the country that bore the brunt of Typhoon Odette.

GSIS said qualified loan borrowers with existing emergency loan may borrow up to P40,000 to pay off their previous emergency loan balance and still receive a maximum net amount of P20,000. Those without existing emergency loan may apply for P20,000. Those that have due and demandable loan accounts, or have arrears of over six months, are also allowed to renew their previous emergency loan from a different calamity.

“For safety of our borrowers, they may submit their applications through contactless methods: web-based system GSIS Member Online ; via email; or drop box in GSIS offices,” Macasaet said.

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