GSIS opens online COVID emergency loan for members, pensioners

GSIS Covid online emergency loanState pension fund Government Service Insurance System (GSIS) President and General Manager Rolando Ledesma Macasaet announced today that its members and pensioners nationwide may now apply for the GSIS COVID-19 Emergency Loan program online.

“Under the GSIS Emergency Loan program, our members and pensioners may take out a Php20,000-loan, which is payable in three years at only 6% interest per annum. The loan is covered by an insurance, which deems the loan fully paid in case of the borrower’s demise,” Macasaet said.

Macasaet explained that to apply for the loan online, the borrower only needs to email the following to GSIS duly-accomplished Emergency Loan application form which is downloadable from the GSIS website (;

picture or scanned copy of the borrower’s GSIS electronic card (eCard) or Unified Multi-Purpose Identification (UMID) card;

and, photo of the borrower holding the filled-out application form. If the ecard or UMID card is not available, the borrower may submit two valid IDs.

The application form and requirements must be sent to the designated email address according to the members’ place of work or pensioners’ residence: (for borrowers in NCR including Quezon City and Cavite); (North Luzon); (South Luzon); (Visayas) or (Mindanao).

Active members and pensioners with UMID cards may also apply through the GSIS Wireless Automated Processing System (GWAPS) kiosks located in all GSIS branch and extension offices; provincial capitols; city halls; selected municipal offices; large government agencies such as the Department of Education; and several Robinsons and SM Malls.

The loan proceeds are electronically credited to the borrowers’ eCard or UMID card.

All GSIS members of good standing are qualified to avail of the COVID-19 Emergency Loan, except those who are on leave without pay; incurred arrears in paying the mandatory life insurance contributions; or have unpaid loans for more than six months. To ensure that borrowers would still have adequate take-home pay after availing of the loan, borrowers should have a minimum take-home pay of Php5,000 following the deduction of monthly premium contributions and loan amortizations from their salary.

Members and pensioners who have inquiries on the loan program may visit the GSIS website,;  — GSIS