GOOD NEWS from GSIS on Loan Payments effective first quarter of 2022


The Government Service Insurance System (GSIS) has good news for its members with regard to the payment term of their loans.

In an interview, GSIS Core Business Sector Executive Vice President Nora Malubay, said that effective first quarter of 2022 the maximum period of loan payment will be extended to 10 years from the current 7 years.


"Baka ma-implement na namin nang January or Februay. basta po first quarter next year," said Malubay.

She added that it will give huge relief to the members since many of them were asking for the said extension.


Under the existing multi-purpose loan (MPL), qualified borrowers may file for a loan up to 14 times their monthly salary with an interest rate of 7% to 8%. Currently, this loan is payable from 2 to 7 years.


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GOOD NEWS from GSIS on Loan Payments effective first quarter of 2022 GOOD NEWS from GSIS on Loan Payments effective first quarter of 2022 Reviewed by Teachers Click on December 10, 2021 Rating: 5

5 comments:

  1. Thanks GSIS..😚😚😍😍😍

    ReplyDelete
  2. wag nyo ng galawin angg gsis deductions ko, palalakihin nyo lang interest nyo sa mga loans ng guro...MAS MATAGAL BAYARAN MAS MALAKI TUBO NYO.... DONT EVER DO THAT WITH MY LOANS...

    ReplyDelete
  3. Sna nman, kung sino lng nangangailangan ng loan extension, un lng ang iextend. Ayoko dn na maextend pa ung payment ng aking loan. Lalo nyo lng kaming binabaon sa utang.

    ReplyDelete
  4. Nananawagan ako sa GSIS na huwag basta implement ang gusto ninyo na pahirap lang sa aming mga guro.Ang pinakamabuting gawin ninyo ay kunin muna ang consent ng mga concern tchers. Ano ba talaga sa palagay ninyo nakakatulong sa amin ang ginagawa nyo maawa nman kayo please lang.Huwag galawin ang loan ko ha

    ReplyDelete
  5. Hindi naman po cguro dapat isali dyan yong mga existing loans kc may terms and condition na po tayong pinirmahan bago tayo nagproced sa ating pagloan at illegal yata yon kong ginalaw nila ng wala tayong pahintulot

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