Question: Who Is Eligible For SSS Calamity Loan?

Who is eligible for SSS loan?

Eligible Borrowers The principal applicant must have the following qualifications: The borrower must be a member of SSS who has at least 36 months contributions and 24 continuous contributions in the period prior to application.

Age of member is not more than 60 years old at the time of application..

How can I check my SSS calamity loan status?

Via SSS Hotline. Another way to check the SSS loan status is by doing it over the phone. The SSS hotline is 1455 at 1-800-10-2255777 toll-free.

Can I apply PAG IBIG calamity loan online?

E-mail filing of loan applications for Multi-Purpose Loan (MPL) and Calamity Loan can be done during the enhanced community quarantine. The steps are as follows: Using a smartphone or computer, download and fill up the MPL or Calamity Loan Fillable Application Form, available at the Pag-IBIG Fund website.

How much is the loanable amount in SSS calamity loan?

Loan Amount Members can borrow up to 80% of their Total Accumulated Value (TAV) subject to the terms and conditions of the program. Calamity Loan Interest rate is 5.95% per annum. The loan is amortized over 24 months, with a grace period of 3 months.

Can I avail SSS calamity loan with existing salary loan?

Nicolas also said that SSS members who have an existing salary loan can also avail of the calamity loan, provided that the member pays his or her SSS loan dues on time. … Nicolas then assured SSS members that they can still apply for salary loan even amid the enhanced community quarantine by logging on to sss.gov.ph.

Can I apply SSS loan online?

You can apply for an SSS loan by filling up a loan application form that you can get from any SSS branch or office. Another way to apply is to do it electronically through your online account on the SSS website at https://sss.gov.ph.

What is the maximum loanable amount in SSS?

SSS members with at least 36 monthly contributions are eligible for the one-month salary loan of up to P15,000. The loanable amount is based on the member’s monthly salary credit (MSC), which is currently at a maximum of P15,000.

How can I claim my SSS calamity loan?

How to qualify for the SSS calamity loan assistancehave at least 36 monthly contributions, six of which should be posted within the last 12 months before the application.have a work or home address within the Philippines as reflected in the SSS database.More items…•

Is SSS calamity loan available now?

As per SSS President and CEO Aurora C. Ignacio, on a news briefing in late March, the calamity loan will be made available for all employed, non-delinquent SSS members nationwide.