GSIS members rush to avail of ₱60,000 Digital Ginhawa Loan on launch day

The Government Service Insurance System (GSIS) received an overwhelming response from government employees on the first day of the Digital Ginhawa Loan launch on October 10, with 21,418 applications totaling ₱1.258 billion filed through the GSIS Touch mobile app.

As of press time, 9,461 applications have already been approved or granted, representing a gross loan value of ₱565.7 million. GSIS expects the number of applications and approvals to increase further over the weekend as more members access the new digital loan service.

The Digital Ginhawa Loan allows GSIS members to borrow up to ₱60,000 to purchase laptops, tablets, or smartphones to support productivity and online work. The loan carries a 6% annual interest rate, payable in 36 monthly installments, and can be applied for paperlessly via GSIS Touch.

“This digital loan empowers our members to upgrade their tools for work and stay connected in the digital era, all in just a few taps through GSIS Touch,” said GSIS President and General Manager Wick Veloso.

Qualified applicants include active GSIS members with permanent appointments who have no pending administrative or criminal cases, are not on leave without pay, and have no defaulted GSIS loans.

Applications are certified online by the Agency Authorized Officer (AAO), and once approved, the proceeds are credited directly to the member’s GSIS eCard or ATM account.

The loan is also covered by a Loan Redemption Insurance (LRI), which settles any remaining balance in case of the borrower’s untimely death, provided the account is in good standing.

Veloso noted that the loan rollout supports GSIS’s continuing digital transformation efforts, emphasizing speed, convenience, and service accessibility for government workers nationwide.

“By bringing our services online, we are ensuring that public servants can enjoy ginhawa wherever they are, without the need for paperwork or long queues,” he added.

The Digital Ginhawa Loan is available exclusively via the GSIS Touch app, which members can download from the App Store or Google Play.