In life, you have worked long and hard enough, don’t your think it’s time to make your money work for you?
Regardless of age, there are steps we make to ensure our future. Aside from savings, you might like to invest your money on a business or more possible income streams while on retirement already.
We here at GSAC helps you with a financial option—yes, even our retired members, on unforeseen expenses that can come knocking at your life any minute, or if you would simply just want to grow your money. The Pension Loan is for our members who are 60 years of age, and receiving monthly pension through ATM. The monthly pension acts as collateral and guarantee for your pension loan.
Interest: 16% p.a.
Term of loan: Max. of 26 months (May depend on age of member)
Mode of Payment: Monthly
Here we listed down the required documents for eligible pensioners:
1. Birth certificate of Pensioner and their beneficiary (if below 21 years old)
2. Two (2) valid ID
3. Barangay clearance
4. Proof of monthly pension (Bank statement/Passbook/ATM)
5. SSS DDR (SSS only)
6. Marriage Certificate
7. Proof of Billing
*1 valid ID
*1×1 colored picture
9. ATM Card
10. 2×2 colored picture
11. Statement of Account from other lending institution (Redemption only)
There are so many smart ways to enjoy the retirement life that you deserve. One of these is to plan ahead the crucial steps to protect your money, or making it grow.