Guide on SSS Calamity Loan 2026 Features & Application
SSS CALAMITY LOAN 2026 – Here are the features and the process on how to apply for the Social Security System loan offer.
One of the social insurance giants in the Philippines with a multi-million member populace is the Social Security System or more popularly called SSS. Most of the Filipinos who are employed in the private sector are SSS members.
Aside from the Filipinos who are working in the private sector, the Social Security System has also opened its membership for the self-employed individuals, the household helpers, and the overseas Filipino workers (OFWs). It is even open for a voluntary membership.
The social insurance giant has several offers for its members. Thus, most private companies in the Philippines require an SSS membership among their employees to widen their financial options. It got several benefit and loan offers.
Aside from the SSS Salary Loan offer of the Social Security System, the state-run social insurance giant also has the SSS Calamity Loan. The said loan offer was crafted to ensure that the members have something to turn to when their residence or workplace is hit by a natural disaster and left under a State of Calamity.
The SSS Calamity Loan offer comes with some qualifications like in other loan offers not only of the social insurance giant but as well as banks and other loan providers. In the case of the state-run social insurance giant’s offer, a member should meet the following eligibility criteria to qualify for it:
- has posted at least thirty-six (36) monthly contributions, six (6) of which should be posted within the last twelve (12) months prior to the month of filing of application
- registered in the SSS Website
- has at least six (6) posted monthly contributions under the current coverage/membership type prior to the month of loan application for Self-Employed, Voluntary (including Non-Working Spouse), and Overseas Filipino Worker (SE/VM/OFW) members who are land based
- residents of the calamity declared areas and suffered damages/loss to their properties
- has not been granted any final benefit, i.e., permanent total disability or retirement
- without outstanding Loan Restructuring Program (LRP) or Calamity Loan Assistance Program (CLAP)
- without past due SSS Short-Term Member Loans
How much is loanable under the SSS Calamity Loan offer? According to the social insurance giant, it “shall be equivalent to one (1) Monthly Salary Credit (MSC) computed based on the average of the last twelve (12) MSC (rounded up to the nearest thousand), or the amount applied for, whichever is lower”.
The loan proceeds is released either through the Unified Multi-Purpose Identification (UMID) – Automated Teller Machine (ATM) Card or Philippine Electronic Fund Transfer System and Operations Network (PESONet) Accredited/Participating Banks. Make sure that the account is enrolled in the DAEM.
A member-borrower may repay the loan within two (2) years or 24 monthly installments. The social insurance giant implements a 1% service fee. According to the SSS, the first loan amortization begins on the 2nd month after the loan approval.
The Social Security System implements a 10% per annum interest rate under the SSS Calamity Loan. The interest rate is implemented on a diminishing principal balance until the loan is fully-paid.
In applying for the offer, there are SSS Calamity Loan requirements that should be submitted by a member-borrower. The loan application may be done through the My.SSS Website or thru the MySSS App.