Question: How Can I Process My SSS Calamity Loan?

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..

What is monthly salary credit in SSS?

Monthly salary credit salary credit means the compensation base for contributions and benefits related to the total earnings for the month. (The maximum covered earnings or compensation is P16,000 effective January 1, 2014). … Let us assume that the six highest monthly salary credits are P15, 000 each.

Can I apply calamity loan online in SSS?

SSS web portal in which we will receive all calamity loan applications to reduce face-to-face transactions in our branches,” Ignacio explained. Members must be registered at the My. SSS web portal on the SSS website at www.sss.gov.ph to apply for the loan.

Who is eligible for SSS calamity loan?

The following are the qualifications in order for members to apply for the SSS calamity loan: Members who’ve had at least 36 months of contributions; with six (6) posted within the past 12 months on or before the month of application. Home address of the member should be at a declared State of Calamity.

Can I loan in SSS with existing loan?

If you have an existing loan with SSS, which you haven’t fully paid, there’s a catch. Your outstanding balance will be deducted from the total amount you’re allowed to borrow.

How can I apply for Pag IBIG calamity loan online?

Steps for Filing E-mail Application Download the MPL or Calamity Loan application form from the Pag-IBIG Fund website. Print, fill up, and sign. Two (2) witnesses shall sign the form as well. Scan the document or take a photo and send to the employer/company HR or authorized representative.

How long should I wait for my SSS loan?

Loan applications normally take two weeks to one month before they get approved from the time of application whether it’s done online or through paper processing, provided that you have submitted the complete documents. The loaned amount will come in the form of a check, which will be delivered to your employer.

How can I check my SSS loan status through SMS?

Check the Status of Your Loan To inquire about the status of your loan, text SSS LOANSTAT to 2600. For example: SSS LOANSTAT 0529310429 1234.

Can I pay my SSS loan in full?

The LRP allows SSS member-borrowers to settle their overdue loan principal and interest in full or by installment under a restructured term depending on their capacity to pay. For both payment schemes, SSS will waive all the loan penalties after the member has completed paying the restructured loan.

Can I loan in Pag Ibig with existing loan?

For someone getting a new loan, there are only four PAG IBIG loan requirements that you need to meet. … If you have an existing calamity loan, you can only avail of MPL (Multi-Purpose Loan) if you complete at least 6 monthly amortizations. Outstanding balance, interest, and penalties shall be deducted from the MPL.

Can I withdraw my Pag Ibig contribution?

You can withdraw your entire Pag-IBIG savings (also called provident benefits), which include all your contributions and dividends earned when your membership ends for any of the following reasons: Membership maturity – Twenty years of active Pag-IBIG membership with a total of 240 paid monthly contributions.

How much can I loan in Pag ibig?

Six Million PesosA qualified Pag-IBIG member shall be allowed to borrow an amount up to a maximum of Six Million Pesos (Php 6,000,000.00), which shall be based on the lowest of the following: The Member’s Actual Need, His Loan Entitlement Based On Capacity To Pay, The Loan-To-Appraisal Value Ratio.

How can I pay my SSS calamity loan?

Payment shall be made at any SSS branch office with payment facility, SSS-accredited bank, or SSS- authorized payment center. 1. The loan shall be charged an interest rate of 6% per annum commencing on the 4th month, computed on a diminishing principal balance and shall be amortized over the remaining 24 months.

Can I apply SSS loan online?

A member who is registered at My.SSS can submit the salary loan application online. The salary loan submitted online by an employed member will be directed to the employer’s My.SSS account for certification, hence, the employer should also have an SSS Web account.

How can I follow up my SSS loan?

Online through the SSS Member Portal. A page showing details of your membership will be displayed. From the list of options on the menu, point your cursor to ‘Loans’ and then a drop-down menu will show up. Click ‘Loan Status/Loan Info’ to show the details of your current loan application (see the screenshot above).

How many days is the processing of SSS calamity loan?

90 daysLoans may be filed within 90 days from the declaration of State of Calamity. 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.

How can I pay my SSS loan through GCash?

Pay SSS contributions and loans using GCashGenerate a new PRN thru Text SSS.Dial *143#Select GCash.Select Pay Bills.Select By Search.Enter Biller Name SSS.Select SSS – PRN.

How can I activate my SSS account online?

4 Easy Steps to SSS Online RegistrationStep 1: Go to the SSS online registration page. Make sure to access the Online Member User ID Registration page in this step. … Step 2: Fill out the required information in the SSS online form. … Step 3: Check your email after 30 minutes. … Step 4: Activate your My.

How can I check my PAG IBIG calamity loan status?

How to Check Pag IBIG Contribution Online Call Pag-IBIG Fund 24/7 hotline at 724-4244. Send an email to contactus@pagibigfund.gov.ph. Send a personal message to Pag-IBIG Fund Facebook page at facebook.com/PagIBIGFundOfficialPage. Personally visit the nearest Pag-IBIG branch.

How can I get my SSS user ID and password?

Send an email request to onlineserviceassistance@sss.gov.ph or visit the nearest SSS branch. Once you’re issued a temporary password and the user ID you previously registered, use them to log in to your My.SSS account. Then change your password right away.