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GSIS Calamity Loan
The Government Service Insurance System (GSIS) calamity loan is being offered for Typhoon Ondoy victims all over the Philippines. For those GSIS members who have been hit and is part of the declared calamity area, GSIS is offering emergency loan worth up to Php 20, 000.00.
The interest rate for this emergency or GSIS calamity loan is only set at 8% per year while it is payable within 3 years duration. Monthly amortization will only be Php 688.89 which I know is very much affordable for all GSIS members in the Philippines.