GSIS: Emergency loan now open calamity areas in Metro Manila, Luzon

The Government Service Insurance System (GSIS) announced Thursday that its emergency loan can now be tapped by members and pensioners in four calamity-declared areas in Metro Manila and Luzon, namely Cavite, Quezon City, Pangasinan (Umingan), and Calumpit, Bulacan. 

In a statement, GSIS said the emergency loan “aims to provide immediate financial relief to members and pensioners affected by Severe Tropical Storm Crising and the enhanced Southwest Monsoon (Habagat).”

“Eligible members and pensioners in these areas may now apply for the emergency loan,” the pension fund said.

The availment period runs until August 23, 2025 for Umingan, Pangasinan and Calumpit, Bulacan; and until October 23, 2025 for Cavite and Quezon City.

GSIS said it expects the list of covered areas to increase in the coming days as more local government units (LGUs) submit their official declarations.

Qualified members with existing emergency loans may borrow up to P40,000, while first-time borrowers may avail up to P20,000. 

The loan is payable in three years, with a low 6% annual interest and no processing fee.

GSIS said to qualify, active members must be working or residing in the declared calamity area, be in active service and not on unpaid leave, have no pending administrative or legal case, and have paid at least six monthly premiums.

They must also have a net take-home pay of at least P5,000. 

Old-age and disability pensioners may also apply, provided their net monthly pension after loan amortization is at least 25% of their gross pension.

Members and pensioners are encouraged to apply through the GSIS Touch mobile app for faster and more convenient processing. 

“For those not yet registered in the app, they may apply through any GWAPS kiosk located in GSIS branches, select government offices, or over the counter,” it said. — RSJ, GMA Integrated News