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GSIS loan collection via Bayad Centers reaches P65-M

Bayad Center (File photo) MANILA - State pension fund Government Service Insurance System (GSIS) has collected over PHP65 million in loan payments made through Bayad Centers following the accreditation of more branches of the collection partner. GSIS's partnership with Bayad, which started in April this year, provides members a secure and convenient alternative to paying their loans and supports the pension fund's goal to improve its loan collection efficiency. "Initially, there were only 1,689 active Bayad outlets. As of September 2021, there are 2,836 Bayad collection sites across the country that are accepting payments for GSIS loans," GSIS president and general manager Rolando Macasaet said in a statement on Friday. Bayad accepts payments for enhanced salary loan, emergency loan assistance, summer one-month salary loan, eCard cash advance, enhanced consolidated loan, emergency loan, home emergency loan, Study Now, Pay Later loan, Fly PAL, Pay Later loan, education

GSIS accredited Bayad Centers accept loan payments

GSIS accredited Bayad Centers accept loan payments 24 May 2021, 20:38 GMT+10 NEGROS OCCIDENTAL, May 24 (PIA) -The Government Service Insurance System (GSIS) is now accepting loan payments from its member-borrowers through accredited Bayad Centers across the country. Hangad namin na bigyan ng maginhawa, secure, at accessible channels ang aming borrowers sa pagbabayad ng kanilang loans. They may now pay their loans at the Bayad Centers nearest their home and need not go to the GSIS office, GSIS President and General Manager Rolando Ledesma Macasaet said. Bayad now accepts payments for GSIS loans in advance; that are underpaid, delayed or unpaid; and are already in default (unpaid for more than six months). The said channel is in addition to agency remittance and over-the-counter payment in any GSIS branch office.

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