SSS Calamity Loan Assistance Program ( CLAP ) shall be available on April 24th, 2020 through the SSS Website and My.SSS portal. If you are planning to apply for a loan, check the process below.
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WATCH THE VIDEO BELOW TO UNDERSTAND ABOUT THE SSS CALAMITY LOAN ASSISTANCE PROGRAM (CLAP)
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SSS will be offering a maximum of P20,000 Calamity Loan Assistance Program o CLAP to all members and it will be available on the 14th of April, 2020 via the SSS portal My.SSS.
SSS vice president for public affairs and special events Mr. Fernan F. Nicolas told webinar participants last week, April 15, that the SSS will be launching a calamity loan program nationwide they called CLAP for those affected by the quarantine because of the COVID-19 on April 24. The allocated budget for the program is P20 Billion and can accommodate around 1.7Million members
HOW TO APPLY FOR SSS CALAMITY LOAN or CLAP?
The application for the loan program would be through the online SSS portal or the MY.SSS.
WHAT ARE THE QUALIFICATIONS for CALAMITY LOAN?
Members of the SSS can avail of the calamity loan if :
At least 36 months of contributions; with six (6) posted within the past 12 months on or before the month of the application.
The home address of the member should be at a declared State of Calamity Area
Must not be a delinquent borrower
Must have not availed any SSS benefit or claim such as:
Permanent disability
Death
Retirement Program
Documents needed
WHAT TO PREPARE TO APPLY FOR LOAN?
Duly accomplished Calamity Loan Assistance Application Form (accessible in the sss.gov website)
Barangay Certification
At least one (1) primary ID:
Unified Multi-Purpose ID (UMID)
Passport
Professional Regulation Commission (PRC) ID
Seaman’s Book
Driver’s License
Or two (2) secondary IDs
Company ID
PhilHealth ID
Senior Citizen ID
Voter’s ID
Taxpayer’s Identification Number (TIN) ID
FOR OFW, HOW TO APPLY FOR LOAN AND WHAT ARE THE REQUIREMENTS?
A proxy or a representative in the Philippines.
Authorization letter from the OFW
Scanned and printed copies of valid ID of the OFW plus the original valid ID of the representative
WHERE TO GET THE LOAN AMOUNT?
Loan proceeds will be transferred to a bank account. If you are planning to apply you need to have a bank account. Once approved, loan proceeds will be credited through member’s enrolled bank account.”
CHECK BELOW HOW TO CONNECT YOUR BANK ACCOUNT TO YOUR SSS ACCOUNT
The loan will be payable in 27 months. The payment will be payable after 3 months of loan approval. Loan interest will be 10 percent per annum. View the video graphics below.
CONNECT YOUR BANK ACCOUNT TO YOUR SSS BY FOLLOWING HER ADVICE BELOW.
©2020 THOUGHTSKOTO
Ang alam ko naka 3years na aq sa paghuhulog pero last year hangang ngaun d pa aq nagbabayad..pwede pa po ba aq nagapply?
ReplyDeleteHow to apply Calamity Loan.?
ReplyDeleteFollow up konpo ung calamity loan ko sa pag ibig kc hanggang ngaun ay wala pa...complete name:jeny s calling employer, 888 gallant security service corp.
ReplyDeletePaano po kng ang pgbayad ko nung last loan ko is restructuring program
ReplyDeleteMy account nko pero bat d aq maka loan ng calamity ng lumlabas lang yjng pending payment ko sa salary loan ko
ReplyDeletePano poh b dpat gawen para makapasuk sa calamity loan
ReplyDeleteVery good written article. It will be supportive to anyone who utilizes it, including me. Keep doing what you are doing – can’r wait to read more posts. builders loan how much can i borrow
ReplyDelete