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GSIS earmarks P8.6-B in loan for typhoon-hit areas in Luzon
PTVPhilippines
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1/2/2025
GSIS earmarks P8.6-B in loan for typhoon-hit areas in Luzon
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Transcript
Display full video transcript
00:00
The Government Service Insurance System, or GSIS, has set aside nearly Php 8.6 billion
00:06
in emergency loans for more than 363,547 active members and pensioners affected by
00:14
recent typhoons. Eligible borrowers in certain regions can apply until February,
00:20
with loans amounting up to Php 40,000 depending on existing loans. The loan has a 6% interest rate,
00:28
three-year term, and insurance coverage. Applications are through the GSIS Touch
00:34
application with funds credited, e-card, or UMID.
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