GSIS offers e-bike loans amid rising transportation costs

MANILA, Philippines – The Government Service Insurance System (GSIS) has launched a loan facility allowing members to purchase bicycles and electric mobility devices as transport costs remain elevated due to the Middle East war’s oil crisis.  READ:gsis-to-offer-solar-energy-loans-to-govt-workers The program, called the Ginhawa Bike and E-Mobility Loan (GBEL), allows qualified members to borrow up to 100 percent of the cost of the unit, with a maximum loanable amount of P300,000. The loan is payable over three years and carries a 5 percent annual interest rate per annum. “This program will give our members a practical option to manage their daily transportation […]... Keep on reading: GSIS offers e-bike loans amid rising transportation costs

Go to News Site