GSIS Enhanced Conso-Loan Plus 2023 Application Process — A Guide for Members

Steps on GSIS Enhanced Conso-Loan Plus 2023 Application Process

GSIS ENHANCED CONSO-LOAN PLUS 2023 – Here is a guide on how to apply for the loan offer of the Government Service Insurance System.

In the Philippines, the Government Service Insurance System or more popularly called GSIS is one of the biggest state-run social insurance agencies. It has millions of members which are composed of individuals who have worked or are currently working in the government.

GSIS Conso-Loan Plus 2023

Through payroll deductions, the GSIS members submit a monthly contribution to their accounts to the state-run social insurance institution. It is the key in maintaining an active and updated account to the government agency. The number of contributions posted in a GSIS account is one of the considerations in a member’s qualification to the loans and benefits offered by the state-run social insurance agency.

Photo Credit: Metro News Central

One of the loans offered by the Government Service Insurance System is the Enhanced Conso-Loan Plus. This salary loan offer consolidates all the existing loans of the members and waives of penalties under the loans. It can help you save from multiple interests. It consolidates the following:

  • Salary Loan
  • Restructured Salary Loan
  • Enhanced Salary Loan
  • Emergency Loan Assistance
  • Summer One-Month Salary

The GSIS Enhanced Conso-Loan Plus loanable amounts are dependent on the number of contributions posted by a member. It is also a factor with regards to the maximum loan term allowed for a member. To apply for the GSIS Enhanced Conso-Loan Plus 2023, here are the steps:

  • regular active members (permanent and non-permanent)
  • with at least 15 years of periods with paid premiums (PPP)
  • has no pending administrative or criminal case
  • not on a leave of absence without pay
  • with a net take-home pay of not less than the amount required under the General Appropriations Act

There is only a few documentary requirements for the GSIS Enhanced Conso-Loan Plus application process. You just have to meet the eligibility criteria posted above.

Go to a branch or satellite office of the GSIS with a GWAPS kiosk for a convenient application for the loan offer. You may also submit your application over-the-counter.

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