Thursday, June 3, 2010

SSS Calamity Loan│ How To Apply│Loan Requirements Amount

The scorching heat is all over and the rainy days are here as experienced by many parts in the Philippines with heavy rains and flooding already made manifest.

Weather forecasters are quick to give warnings of more rainfall and all the problems it poses to be experienced in the coming months as we experience the rainy season.

You can also check here additional information about SSS Housing Loans Applications and Requirements.

Some of these could be flooding, landslides and mudslides.

Just as we experienced with last year’s strong typhoons, the SSS or Social Security System is once again announcing of the availability of the SSS Calamity Loan to all its regular members when they need it.

The SSS Calamity Loan is
“is a loan intended to meet the emergency credit needs of a member who is a victim of a natural disaster in a locality declared as a calamity area.”

Any SSS member on good standing and has all the necessary requirements and documents can easily avail of this calamity loan.

SSS Calamity Loan Requirements/How to Apply:

A member who is applying for a calamity loan should first ask for a barangay clearance that will state that your area is indeed under the state of calamity; plus the official SSS Calamity Loan application form.

Requirements are then submitted to SSS office nearest your.

SSS Calamity Loan Loanable Amount:

1. A member may avail of a calamity loan of P8,000.
2. A member with an existing calamity loan may avail of another calamity loan, provided that his total calamity loan availment does not exceed P10,000.
3. The outstanding balance of any earlier calamity loan will not be deducted from his new loan.

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