GSIS Opens Bike and E-Mobility Loan to Cut Members Daily Transport Cost

Program supports the Marcos administration’s push for livable communities where government workers can commute more affordably.

Members of the Government Service Insurance System (GSIS) now has an affordable way to move through their communities,  by bicycle or electric mobility device, without the burden of high upfront costs or fuel expenses.

The GSIS launches today the Ginhawa Bike and E-Mobility Loan (GBEL), a new loan facility that offers affordable and accessible terms for government employees who want to reduce their daily transportation costs.

GBEL forms  part of President Ferdinand R. Marcos Jr.’s whole-of-government effort to make daily life better for Filipinos, aligned with the Unified Package for Livelihood, Industry, Food, and Transport (UPLIFT) and the broader push for livable, accessible communities where people can move freely and affordably.

Earlier, the GSIS introduced the Ginhawa Solar Energy Loan (GSEL) to help members reduce household electricity expenses. GBEL extends that effort to transportation.

Under the GBEL, qualified members may borrow up to 100 percent of the cost of the unit, subject to a maximum of P300,000, payable over 36 months. The loan carries an interest rate of 5 percent per annum, with no service fee to be charged upon granting.

GSIS President and General Manager Wick Veloso said the program is designed to provide immediate and practical support to members.

“This program will give our members a practical option to manage their daily transportation expenses. We want our members to be able to move through their communities without that financial weight,” Veloso said.

Applications are processed online through the GSIS Touch mobile application.

GBEL covers brand-new bicycles and a wide range of electric mobility devices, including e-bikes, e-scooters, e-mopeds, cargo e-bikes, folding e-bikes, and other similar electric-powered transport units.

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