Guide on GSIS Enhanced Conso-Loan Plus — How Much You May Borrow
GSIS ENHANCED CONSO-LOAN PLUS – Here are the loanable amounts under this loan offer based on the member’s total contributions.
Are you a GSIS member who is in need of some cash or you want to combine your loans into a single loan account? You may turn to the GSIS Enhanced Conso-Loan Plus Program of the Government Service Insurance System.
The Government Service Insurance System or more popularly called GSIS is one of the biggest state-run social insurance institutions in the Philippines. It offers several benefits and loans for its members who have qualified accounts. Most often, the loan offers has a specific number of contribution requirement for a member to qualify.
The Enhanced Conso-Loan Plus Program consolidates the following loans into a single loan offer waiving the penalties of the individual loans:
- Salary Loan
- Restructured Salary Loan
- Enhanced Salary Loan
- Emergency Loan Assistance
- Summer One-Month Salary
For a member to qualify for the GSIS loan offer, he/she must meet the eligibility requirements set for the GSIS Enhanced Conso-Loan Plus Program set by the government agency. With regards to the documentary requirements, there is nothing to worry as you will only need your UMID ID or your GSIS eCard.
With regards to the GSIS Enhanced Conso-Loan Plus Program loanable amounts, the maximum amount allowed by the state institution for borrowing depends on the contributions posted by the member-borrower. The loan term is also dependent to the contributions posted by the member. Here’s a guide:
| Minimum GSIS Contributions Required | Maximum Loanable Amount | Loan Term |
| 20 months | 3-month loan | 6 years |
| 40 months | 4-month loan | 6 years |
| 5 years | 7-month loan | 6 years |
| 10 years | 10-month loan | 10 years |
| 15 years | 12-month loan | 10 years |
| 25 years | 14-month loan | 10 years |