The Government Service Insurance System (GSIS) is now accepting loan payments from its member-borrowers through Bayad’s (formerly Bayad Center) payment touchpoints across the country.
Bayad now accepts payments for GSIS loans in advance; that are underpaid, delayed or unpaid; and are already in default (unpaid for more than six months). The said channel is in addition to agency remittance and over-the-counter payment in any GSIS branch office.
GSIS borrowers may now pay through selected Bayad Centers and Bayad Partners the following loan accounts: Enhanced Salary Loan; Emergency Loan Assistance; Summer One Month Salary Loan; eCard Cash Advance; Enhanced Consoloan; Emergency Loan; Home Emergency Loan Program; Study Now, Pay Later Loan; Fly PAL, Pay Later Loan; Educational Assistance Loan; Stock Purchase Loan; Regular Policy Loan; Optional Policy Loan; GSIS Financial Assistance Loan; Program for Restructuring and Repayment of Debts; Multi-Purpose Loan; and other upcoming GSIS loans.
Members may pay at the nearest Bayad Centers and fill out a Bayad Form with their full name, business partner (BP) number, loan type, payment amount and date, and mobile number. The validated Bayad Form will serve as proof of payment and may view their payments through their eGSISMO accounts.
The complete list of Bayad Centers and Bayad Partners are in the GSIS website (https://www.gsis.gov.ph/list-of-bayad-center-payment-collection-sites/).
Source: GSIS
GSIS brings good news on loan payments
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December 21, 2021
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