Lists of Pag-IBIG, SSS and GSIS Calamity Loans 2024 Requirements for Application
PAG-IBIG, SSS and GSIS CALAMITY LOANS 2024 – Here are the requirements in applying for these loan offers of the different state entities.
The Philippines is one of the countries that is prone to typhoons and earthquakes. Thus, there is really a huge advantage in having safety nets against the impacts of these inevitable events that have left countless people homeless. Among those entities that can provide the safety net are social insurance institutions.
In the Philippines, there are two (2) giant social insurance institutions with millions of members. They are the Government Service Insurance System or more popularly called the GSIS and the Social Security System, more popularly known as the SSS. They offer calamity loans.
Aside from the GSIS and the SSS, another state entity with a calamity loan offer is the Pag-IBIG Fund — not to mention that there are several Pag-IBIG loans that members may apply for. Meanwhile, with regards to the calamity loans, you can check on their details below.
The Pag-IBIG, SSS, and GSIS Calamity Loans come with different sets of qualifications for application. There are also varieties of documentary requirements under these loan offers.
Pag-IBIG Calamity Loan
The Pag-IBIG Calamity Loan is open for members with at least twenty-four (24) monthly membership savings under the Pag-IBIG Regular Savings, in active membership, and gainfully employed or self-employed with proof of income. Here are the requirements for application:
- duly-accomplished and signed Pag-IBIG Calamity Loan Application Form
- one (1) photocopy of valid ID acceptable to the Fund
- proof of income:
- For Locally-Employed Members:
- The employer must accomplish the “Certificate of Net Pay” portion at the back of the application form or submit a photocopy of one (1) month latest payslip duly authenticated by the company’s authorized signatory”
- For Self-Employed Members (any of the following):
- one (1) photocopy each of the ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit
- one (1) original copy of the Commission Vouchers reflecting the issuer’s name and contact details
- one (1) original copy of the Bank Statements or passbook for the last 12 months
- one (1) original copy of the Certified True Copy of Transport Franchise issued by appropriate government agency
- one (1) original copy of the Certificate of Engagement issued by the owner of business
- one (1) original copy of Notarized Affidavit of Income (HQP-SLF-136)\
- For OFW Members:
- Employment Contract
- Certificate of Employment and Compensation (CEC)
- CEC written on the Employer/Company’s official letterhead (1 Original); or
- CEC signed by employer (for household staff and similarly situated employees) (1 Original), supported by a photocopy of the employer’s ID and passport
- Income Tax Return filed with Host Country/Government (1 Original)
- For Locally-Employed Members:
SSS Calamity Loan
The Social Security System also has its own Calamity Loan offer for its qualified members. To be eligible for the loan offer, the member-borrower must be 60 years old and below at the time of filing of application and has posted a total of 24 monthly contributions, three of which should be posted within the last 12-month period before the month of filing application. Furthermore, the member-borrower must have not been granted any final SSS benefit.
To apply for the loan offer, here are the documents required by the SSS:
- one (1) copy of the SSS calamity loan assistance application form
- original copy of barangay certification
- original copy of valid ID
GSIS Calamity Loan
Aside from the Pag-IBIG Fund and the SSS calamity loans, another loan offer crafted for people to turn to in times of natural disasters is the GSIS Emergency Loan, the calamity loan offer of the Government Service Insurance System.
The GSIS Emergency Loan offer is open for GSIS members who are a bona fide residents or employees of the government office within an area declared under a State of Calamity by the Sangguniang Panlalawigan/Panglungsod and/or the National Disaster Reduction Risk Management Council with no loan that has been declared in default nor arrearages in the payment of mandatory social insurance contributions.
To apply for the GSIS Emergency Loan offer, a duly-accomplished GSIS Emergency Loan Application Form must be submitted.