How to Apply for an Emergency/ Calamity Loan in GSIS

Below are the steps on how to apply emergency/ calamity loan in GSIS. 

Read the details below to be guided.
“Section 16 of Republic Act 10121 gives the power to declare an area or areas under a State of Calamity to the President of the Philippines or to the Local Government Units upon the recommendation of the National Disaster Risk Reduction Management Council (NDRRMC) or their local counterparts known as the Local Disaster Risk Reduction Management Council (LDRRMC), respectively.
Once under State of Calamity, citizens of that area are granted the opportunity to apply for a loan, from the government, without interest. The following is the process of applying for calamity loans:
Government Service Insurance System (GSIS)–Emergency Loan Qualifications
Any GSIS member who
  • Is in active service and not on leave of absence without pay
  • Has no pending criminal or administrative charges
  • Has no missing/overdue debts in their monthly contributions
  • Has no loan that has been declared in default
  • Is a resident or government employee in an area under State of Calamity
Process Via GSIS Wireless Automated Processing System (G-W@PS)
  • Borrower will bring their eCard Plus to any GSIS servicing office which has a G-W@PS kiosk installed
  • Using the G-W@PS, the borrower must select “Emergency Loan” from the “Loan” menu and follow the steps provided to complete the transaction
  • Application form for Emergency Loan may be downloaded here.

Via Office Application
  • Borrower will fill up an application form at any GSIS office
Loan Terms
The loan is payable in 3 years or 36 monthly installments. The loan bears an interest rate of 6% per annum. A loan computation and monthly amortization will be presented to borrowers upon loan application. If the emergency loan is renewed, the balance of the outstanding loan will be deducted from the proceeds of the new loan. For inquiries and details, call the GSIS Contact Center at (02) 847-4747 or visit your nearest GSIS branch.”

ROLANDO L. MACASAET President and General Manager of GSIS said I will be making an announcement regarding the Emergency Loan at a later date, perhaps in early April” and also all branches nationwide are close starting, March 19, 2020 up to April 12, 2020.