GSIS E-crediting launched

Government workers who have availed of the GSIS E-card can now withdraw their salary loan proceeds from any ATM using their E-Card starting June 1, 2005.

According to Jaydon Villaverde, GSIS Dumaguete Branch Information Officer, salary loan proceeds will now be deposited in the GSIS member’s bank account, which can be withdrawn using the E-Card.

Before, salary loan proceeds came in the form of checks but now proceeds can be withdrawn from any ATM affiliated with Bancnet, Expressnet, and Megalink using the GSIS member’s E-Card, explains Villaverde.

GSIS has also recently announced the release of the long-delayed optional dividends of government employees.

However, application for salary loan is not yet online and members will still have to fill out the proper form, but Villaverde said that the application will eventually be done online. “All loans and privileges will soon be issued thru the E-Card,” she said.