The Government Service Insurance System (GSIS) said it has received a total of 24,418 applications for the Digital Ginhawa Loan since its launch on 10 October.

As of 11 October, the GSIS said it has approved a total of 9,461 applications with a gross loan value of P565.7 million.

Number of applications and approvals are expected to increase further over the next few days as more members access the new digital loan service, according to the state insurer.

The Digital Ginhawa Loan allows GSIS members to borrow up to P60,000 to purchase laptops, tablets, or smartphones to support productivity and online work.

The loan carries a six percent annual interest rate, payable in 36 monthly instalments, and can be applied paperless via GSIS Touch.

“This digital loan empowers our members to upgrade their tools for work and stay connected in the digital era, all in just a few taps through GSIS Touch,” GSIS President and General Manager Wick Veloso said.

Veloso noted that the loan rollout supports the insurer's continuing digital transformation efforts, emphasizing speed, convenience, and service accessibility for government workers nationwide.

“By bringing our services online, we are ensuring that public servants can enjoy ginhawa wherever they are, without the need for paperwork or long queues,” he added.

Qualified GSIS applicants include active members with permanent appointments who have no pending administrative or criminal cases, are not on leave without pay, and have no defaulted loans.

The Digital Ginhawa Loan is available exclusively via the GSIS Touch app, which members can download from the App Store or Google Play.