GSIS loan payments now accepted via Bayad Centers

Published May 17, 2021, 2:58 PM

by Gabriela Baron

The Government Service Insurance System (GSIS) is now accepting loan payments from its member-borrowers through Bayad Center payment touchpoints across the country.

(GSIS Facebook)

“We want to provide convenient, secure, and accessible channels for our borrowers to repay their loans. They may now pay their loans at the nearest Payment Centers to them. They will no longer need to go to the GSIS office,” GSIS President and General Manager Rolando Ledesma said on Monday, May 17.

Bayad Centers accept payments for GSIS loans in advance; that are underpaid, delayed, or unpaid; and are already in default.

GSIS loans such as Enhanced Salary Loan; Emergency Loan Assistance; Summer One Month Salary Loan; eCard Cash Advance; Enhanced Consoloan; 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; and other upcoming GSIS loans can now be paid through selected Bayad Centers and Bayad partners.

Members may pay at the nearest Bayad Centers and fill out a Bayad form with their full name, business partner number, loan type, payment amount and date, and mobile number. Validated Bayad forms will serve as proof of payment and may be viewed through their eGSISMO accounts.