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THE Government Service Insurance System announced P6 billion in emergency loans to assist members and pensioners affected by the Kanlaon volcano eruption, El Niño, and Typhoon Aghon.A total of 231,250 calamity victims will benefit from the program. The deadline for application varies per location.
Members who have existing loans may borrow up to P40,000 or P20,000 if they do not have existing loans. The following conditions are required for eligibility: an active GSIS member; residing or working in the declared calamity area; no unpaid leave; with no pending cases; minimum of six months of premium payments; and maintain a net take-home pay of at least P5,000.
GSIS Emergency Loan Emergency Loans Kanlaon Volcano Eruption
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