Details about the SSS Calamity Loan Offer Loanable Amounts
SSS CALAMITY LOAN – You can check the guide below for the loanable amounts under this Social Security System loan offer.
The Social Security System members have an entity to turn to amid the impacts of a natural disaster or pandemic. It is because the state-run social insurance institution offers the Calamity Loan offer.
The loan offer is open for the SSS members who are residing or working in an area declared under a State of Calamity. The state-run social insurance institution usually makes announcement about the eligible members.
Under the SSS Calamity Loan, you may borrow “equivalent to one monthly salary credit (MSC)” or the average of the 12 monthly salary credits posted.
To apply for the loan offer, there are documents that you should prepare and submit to SSS. If you are the member-borrower and you will be the one who will process the loan application, you must prepare the following documents:
- Application Form for Calamity Loan Application (CLA) in original copy
- Barangay Certification (original copy)
- original copy of valid ID card
If a family member or someone will process the loan application for you, the following documents must be submitted to SSS:
- Application Form for Calamity Loan Application (CLA) in original copy
- Barangay Certification (original copy)
- Authorization Letter (original copy)
- original copy of valid ID card
- printed scanned copies of valid ID or documents of the OFW or seafarer member and present original copies of valid ID cards or documents of the authorized representative
For a guide on the application process, kindly visit – SSS Calamity Loan – How to Apply & the Requirements to Submit.
Aside from this loan offer, the state-run social insurance institution also has a cash loan offer for members who have posted at least 36 monthly contributions. Feel free to visit – SSS Salary Loan Loanable Amounts – Here’s How Much You May Borrow.