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Manila Bulletin devider Business devider GSIS tap Bayad Center for payments

GSIS tap Bayad Center for payments

Published Jan 2, 2021 05:00 am

As part of the Government Service Insurance System’s (GSIS) efforts to make its services fast and convenient, the state-run pension fund has partnered with Meralco Bayad Center to accept loan payments.

In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said that members will be able to pay their loan amortization at any Bayad Center facilities nationwide beginning on January 22.

GSIS logo (Courtesy of gsis.gov.ph)

“GSIS members will be able to pay their GSIS loans at the Bayad Center nearest their home. They are no longer required to go to a GSIS branch just to settle loan obligations,” Macasaet said.

GSIS and Bayad Center signed the partnership agreement last December 21.

Macasaet said their partnership with Bayad Center aims to provide an accessible payment system amid the COVID-19 pandemic.

“The Meralco Bayad Center has over 40,000 outlets or touchpoints all over the country. Anywhere in the Philippines—from Aparri down to Tawi-Tawi—there’s Bayad Center,” the GSIS official noted.

GSIS members who may avail of the Bayad Center facility are those who will pay their loan amortization in advance; have underpaid accounts; have delayed payment; or with accounts which are already in default (unpaid for more than six months).


Aside from the Bayad Center facility, the other modes of payment available to GSIS members are through agency remittance and payment over-the-counter at any of the GSIS branch offices.

The GSIS loan accounts that may be paid through Bayad Center are Enhanced Salary Loan; Emergency Loan Assistance; Summer One Month Salary Loan; eCard Cash Advance; Enhanced Consoloan; emergency loan; and Home Emergency Loan Program.

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