Guide on SSS Calamity Loan Requirements 2024 You Must Submit To Apply
SSS CALAMITY LOAN REQUIREMENTS 2024 – Here are the documents that the Social Security System requires in applying for the loan offer.
Undeniably, in a lot of cases, many people only realize the value of government institution memberships when something unforeseen happens at a time when they are least prepared. One of such instances is when a natural calamity takes place.
A natural disaster may lead to massive destructions not only in homes but as well as buildings and source of living. Worst, there were several instances in the past when natural calamities led to death.
If you are a member of government institutions just like the Social Security System, more popularly called SSS, you have a loan offer to turn to — the SSS Calamity Loan. It is one of the many SSS loans that members who have updated accounts may qualify for.
The SSS Calamity Loan was designed to help members in recovering from the effects of the natural disaster. Here are the eligibility requirements in applying for the SSS Calamity Loan offer:
- a minimum of 24 monthly contributions posted and three (3) of which must have been posted within the last 12-month period before the month of filing of loan application
- at least 60 years old upon the filing of the loan application
- not a recipient of any final SSS benefit nor was refunded SSS contributions
- has updated payments in case of existing loans with the SSS
The set of SSS Calamity Loan requirements that must be submitted for the loan application depends if the loan application will be filed by the member himself/herself or it will be done by an authorized representative. Here are the documents that must be submitted by the member himself/herself:
- one (1) copy of the SSS calamity loan assistance application form
- original copy of barangay certification
- original copy of valid ID
In case the loan application will be processed by an authorized representative of the SSS member who wish to apply for the Calamity Loan offer, here are the documents needed for the application process:
- one (1) copy of the SSS calamity loan assistance application form
- original copy of authorization letter
- original copy of barangay certificate
- printed scanned copies of valid ID/documents of the OFW or seafarer member
- original copy of valid ID or document of the authorized representative