Home Headlines GSIS loan collection via Bayad centers reaches over P65M

GSIS loan collection via Bayad centers reaches over P65M


The Government Service Insurance System (GSIS) has collected over Php65 million in loan payments made through Bayad centers following the accreditation of more of its payment outlets.

“Nagpagpapasalamat tayo sa tinatanggap nating suporta mula sa ating mga miyembro. Sa tulong nila, patuloy nating naaalagaan at pinalalago ang pondong ipinagkatiwala sa atin para sa kanilang benepisyo sa hinaharap,” President and General Manager Rolando Ledesma Macasaet said.

GSIS’s partnership with Bayad, which started in April this year, provides members a secure and convenient alternative to paying their loans and supports the pension fund’s goal to improve its loan collection efficiency.

“Initially, there were only 1,689 active Bayad outlets. Ngayon, dinagdagan pa natin ito para mas maginhawa at ligtas ang pagbabayad ng ating mga miyembro. As of September 2021, there are 2,836 Bayad collection sites across the country that are accepting payments for GSIS loans,” Mr. Macasaet reported.

Bayad is receiving payments for the following GSIS loans: 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. Borrowers may pay their loans in advance; that are underpaid, delayed or unpaid; or that are already in default or unpaid for over six months.

To settle their loans through Bayad, members only need to present SMS notifications received from GSIS or loan balances displayed through the electronic GSIS Member Online (eGSISMO) or GSIS Touch mobile app. Subsequently, they need to fill out a Bayad Form for their full name, business partner (BP) number, 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 the copy of their official receipt.

“Maliban sa Bayad, nakikipag-usap na din tayo ngayon sa Palawan Pawnshop, M. Lhuillier Financial Services, USSC at SM Corporation, at iba pang payment solution providers para maparami pa ang ating alternative payment and online collection channels. Patuloy lang tayo sa pagpapabuti ng ating mga programa at serbisyo,” the pension fund chief 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).

The complete list of Bayad outlets and partners is available in the GSIS website (https://www.gsis.gov.ph/list-of-bayad-center-payment-collection-sites/).


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