The Government Service Insurance System (GSIS) on Monday said it now offers a program allowing active members to consolidate and settle their outstanding loan balances for up to ten years.
During a Laging Handa briefing, GSIS Vice President for National Capital Region - Operations Group Rodrigo Manuel explained that the Multi-Purpose Loan Plus can consolidate all the service loan accounts of a member into one loan account. Restructured Salary Loan Conso-Loan Plus / Enhanced Conso-Loan Plus Home Emergency Loan Program Stock Purchase Loan
This loan can then be paid in a maximum of 10 years, depending on their employment status, periods with paid premiums, and basic monthly salary.
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