GSIS allots P814M for emergency mortgage in Davao

THE Authorities Service Insurance coverage System introduced it has provided emergency mortgage to lively members and old-age and incapacity pensioners working or residing in Davao provinces.

The mortgage facility is being provided to members in Davao del Norte and Davao de Oro and the municipalities of Caraga and Governor Generoso in Davao Oriental.

The GSIS stated that it allotted practically P814 million for 36,155 lively members and 4,539 pensioners in stated areas affected by calamities akin to floods and earthquakes.

The mortgage utility is open till Could 27. Members with present emergency mortgage stability could borrow as much as P40,000 to repay their earlier emergency mortgage stability and obtain a most internet quantity of P20,000.

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