SSS Loans 2023 — Full List of Loan Offers Members May Apply For

Guide on SSS Loans 2023 for Qualified Members

SSS LOANS 2023 – Here is a full list of the loan offers that members of the Social Security System may apply for.

One of the giants in the Philippines in the field of social insurance institutions is the Social Security System, more popularly called SSS. It is under the government and millions of Filipinos are members of the state entity.

Every month, members submit a monthly contribution to keep their accounts active and updated. It is a way to reach and maintain qualification to the different SSS loans 2023.

SSS Salary Loan 2023

Members of the Social Security System may qualify to the cash loan offer of the state-run social insurance institution, the SSS Salary Loan 2023. Here are the eligibility requirements undder the loan offer:

• employed / self-employed / voluntary SSS member
• at least 65 years old upon the loan application
• at least thirty-six (36) monthly contributions
• employer must be updated in posting the monthly contributions
• not a recipient of a final benefit such as retirement benefit
• no fraud case against the SSS

SSS Housing Loan 2023

Also one of the SSS loans 2023 that members may turn to is the Housing Loan. It can finance projects such as major house repairs and minor home improvements. The SSS Housing Loan 2023 can be applied for in line with the pursuit of financing any of the following:

• extension or expansion and enhancement of economic and aesthetic value of an existing housing unit
• construction of concrete fence and steel gate
• completion of an occupied bare house
• installation of deep well and motor pump

To qualify for the loan offer, the SSS member-borrower must meet the eligibility requirements. Here is the set of the eligibility criteria under the loan offer:

• member must have posted at least 36 monthly contributions with 24 continuous contributions prior to the application
• not more than 60 years old at the time of application
• not previously granted a repair and/or improvement loan by the SSS or NHMFC
• not been granted final SSS benefits
• borrower and spouse is updated in the payment of their other SSS loan(s)

SSS Calamity Loan 2023

The members of the Social Security System may also turn to the SSS Calamity Loan 2023 as it is one of the SSS loans. It aims to help members during times when their place is struck by a natural disaster. The member must comply with the following to qualify for the loan offer:

• member must have updated payment contributions and loan remittances
• has posted at least 36 monthly contributions with at least six (6) contributions posted within the last 12 months prior to the month of the filing of loan application
• residing in area declared under a State of Calamity
• has not received a final benefit from the Social Security System
• has no outstanding restructured loan under the SSS

Loan applicants may file their application at a branch of the SSS. You may also consider the SSS Online Loan application process to save time, money, and energy.