Quick Answer: How Can I Check My SSS Loan Status?

How much is the interest of SSS salary loan?

Under the program, members may borrow a loan amount of up to twice the average of their 12 latest posted monthly salary credits.

It is payable in two years in 24 monthly installments with an interest rate of 10 percent per annum based on its diminishing principal balance..

How long will it take to get the SSS loan check?

The loan proceeds shall be available to member-borrower’s account within three (3) to five (5) working days from approval date of the loan. The salary loan proceed is accessible through any Megalink, Bancnet and Expressnet Automated Machines.

How many days is the processing of SSS calamity loan?

Calamity loan assistance check may be picked-up by the member/authorized representative (for OFW/Seafarer member) within ten (10) working days at SSS Branch Office where the application is filed. After this period, the check will be forwarded thru mail to the member’s local mailing address.

How much is the 2nd loan in SSS?

SSS members with at least 36 monthly contributions can borrow an amount equal to their one-month salary up to P15,000. Those with at least 72 monthly contributions are entitled to a two-month loan worth twice their salary up to P30,000.

How will I know if my PAG IBIG calamity loan is approved?

Loan Status Verification. Virtual Pag-IBIG. For questions or to follow-up on your loan application, please call (02)8724-4244 or chat us by clicking on the icon found at the bottom right of your screen.

What are the requirements for SSS calamity loan?

SSS to launch COVID-19 calamity loan program on April 24Members 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.Must not be a delinquent borrower.Must not have availed any SSS benefit or claim such as:

How can I check my SSS loan status through SMS?

To inquire about loan status: SSS LOANSTAT ; Send to 2600.

How will I know if my SSS salary loan is approved?

You will be notified through email about your SSS salary loan application’s status. You will also receive a text message after your loan has been approved.

How much is the loanable amount in SSS calamity loan?

Loan Amount 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. Paying period begins on the 4th month following their check date.

How can I get salary loan from SSS online employer?

(for Employers using My.SSS Employer Account)Log in to My.SSS account (sss.gov.ph) and click Employer.Encode your User ID and Password then tick box for the captcha.Under E-Services, click Certification of Loan/Claim.Click Salary Loan.Select “Y” to confirm Salary Loan Application or select “N” to reject.More items…•

How can I pay my SSS loan balance?

To proceed with payment:Log on to https://www.sss.gov.ph.Click on Payment Reference Number (PRN)Copy the generated Payment Reference Number (PRN)Be sure to check if covered months being paid for is correct. … Log in to Security Bank Online.Select Pay Bills under Payments & Transfers.More items…

How can I loan my SSS calamity loan online?

have at least 36 monthly contributions, six of which should be posted within the last 12 months before the application. have a work or home address within the Philippines as reflected in the SSS database. have not been granted any final benefit such as total permanent disability or retirement.

Can I apply SSS calamity loan if I have 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.

How can I pay my SSS calamity loan through GCash?

For loan payments:Dial *137#Select National Gov’t Agency.Select Biller. … Select Member Loan or Real Estate Loan.Enter 10-digit SS number (for Member Loan) or Real Estate Loan account number (for Real Estate Loan)Enter amount.Select Confirm.Enter 4-digit GCash PIN.More items…•

How much is Pag IBIG calamity loan?

Considering the plight of the members, Pag-IBIG Fund is offering its Calamity Loan at a rate of 5.95% per annum – the lowest rate in the market. The loan is payable over a period of 24 months, with the first payment deferred.