#scooter loan

The Government Service Insurance System (GSIS) aims to assist its members through loans for e-bike and e-scooter purchases. Whether it's to buy the scooter, the bike, or any form of two-pedaled electrified mobility, GSIS offers to cover the full cost of the unit up to an amount of PHP 300,000. The loan period is 36 months or 3 years, with an interest rate of 5% per year.  Based on the coverage, we're sure that this loan program will cater to commuters who want to control their own travel (while not breaking the bank), and possibly also car owners suffering from the rise in petrol prices. Xiaomi has announced that it will recall a select number of Mi Electric Scooters after discovering that there is a loose screw in the apparatus that could potentially harm the users. The Xiaomi Mi Electric Scooter model M365 will be recalled as there is a loose screw in the folding apparatus that potentially causes the vertical component to separate from the main body while in use. Xiaomi stated that users should stop using the scooters until they know if their units are part of the recall. To know if your scooter is affected by the recall, check on the bottom part of the main body and look for the Serial Number located in the sticker there. Read more in our articles including "GSIS to provide loan assistance for e-bike and scooter purchases" and "Banks, e-wallets face new BSP rules on digital payment fees".