The Government Service Insurance System (GSIS) has collected P113 million in loan payments over 10 months of implementation of its partnership with Bayad (formerly Bayad Center).
“Maraming salamat sa suporta ng aming miyembro at pensiyonado. We have so far collected P113.33 million for 17,720 transactions with Bayad. Ito ay patunay na maginhawa, mabilis at ligtas ang transactions sa Bayad,” said GSIS president and general manager Rolando Ledesma Macasaet.
The state pension fund’s collections over the 10-month period include P36.06 million for 5,144 consoloan accounts; P26.26 million for 2,018 GSIS Financial Assistance Loan accounts; P16.05 million for 2,396 Multipurpose Loan accounts; and P12.95 million for 3,395 emergency loan accounts.
“Kaagapay kayo ng GSIS sa pangangalaga ng ating pondo sa pamamagitan ng pagpapabuti ng aming collection efficiency,” Macasaet added.
To date, GSIS has accredited 3,003 Bayad outlets to accept payments for loans in advance; that are underpaid, delayed or unpaid; or in-default or unpaid for more than six months.
Loan balances payable through Bayad include Enhanced Salary Loan; Emergency Loan Assistance; Summer One Month Salary Loan; eCard Cash Advance; Enhanced Consolidated Loan; Emergency Loan; Home Emergency Loan Program; Study Now, Pay Later Loan; Fly PAL, Pay Later Loan; Educational Assistance Loan; Stock Purchase Loan; Regular Policy Loan; Optional Policy Loan; GSIS Financial Assistance Loan; Program for Restructuring and Repayment of Debts; Multi-Purpose Loan; Computer Loan; and other upcoming GSIS loans.
To settle loans through Bayad, members only need to present the SMS notifications received from GSIS, or loan balances reflected in the electronic GSIS Member Online (eGSISMO) or in the GSIS Touch mobile app. Subsequently, they need to fill out a Bayad form for their full name, business partner (BP) number, and loan type, among others.
Loan borrowers who pay through any of Bayad’s payment collection sites will receive a text message to confirm receipt of their payment. They may also check their loan payment records via eGSISMO or GSIS Touch.
GSIS will also email a copy of their official receipt.
Loan payments from members are also now accepted through the online apps of Union Bank of the Philippines and Land Bank of the Philippines.
“Simula Mayo, magdadagdag pa tayo ng around 10,000 over-the-counter payment outlets at online payment channels mula sa iba’t ibang external payment service providers. Tatanggapin na rin ang monthly rentals payments sa mga nag-avail ng Lease with Option to Buy at loan payments mula sa mga inactive members. Patuloy po naming ilalapit ang aming serbisyo sa inyo,” Macasaet said.
For inquiries, members may visit the GSIS website (www.gsis.gov.ph) or GSIS Facebook page (@gsis.ph), email gsiscares@gsis.gov.ph, or call the GSIS Contact Center at 8847-4747 (if in Metro Manila), 1-800-8-847-4747 (for Globe and TM subscribers), or 1-800-10-847-4747 (for Smart, Sun, and Talk ‘N’ Text subscribers).
