Guide on SSS Calamity Loan Interest Rate 2026 & Loan Terms
SSS CALAMITY LOAN INTEREST RATE 2026 – Here is a guide for members on the interest rate implemented by the Social Security System under the offer.
While a membership to social insurance entities will take a slice from your monthly income, it provides an edge most especially during emergency and unexpected situations. Truth be told that many people did not realize its importance until something unwanted but inevitable happened to them. In the Philippines, one of the social insurance giants is the Social Security System.
More popularly called SSS, the Social Security System provides several benefits for the SSS members that attend to situations like sickness, disability, and even death. It also got loan offers which include the Calamity Loan offer.
The SSS Calamity Loan was crafted so members have something to turn to in times of natural disasters. Truth be told that the country is prone to different calamities most especially typhoons and earthquakes. The national record holds several instances when typhoons and massive flooding cost lives and damages to properties.
The Calamity Loan offer acts as a safety net for the members of the Social Security System. Before apply for the said offer when an unwanted situation occurs, it is best to know the SSS Calamity Loan interest rate and the other important loan details. It can help you make a better decision and well-informed about the loan should you proceed to the application.
According to the social insurance giant, the SSS Calamity Loan interest rate is originally set at 10% annually until the loan is fully-paid. Currently, amid the country being under a national State of Calamity, President Bongbong Marcos relayed the good news that the SSS loans will have lower interest rates.
The President announced that the SSS Calamity Loan interest rate will be at 7% per annum beginning July 2025. It is computed on a diminishing principal balance until the loan is fully-paid. The maximum loan term is 24 months.
Furthermore, with regards to the SSS Calamity Loan interest rate, the social insurance giant implements a “pro-rated interest from the date of loan granting up to the end of the month prior to first amortization month shall be deducted in advance from the loan proceeds. In case of excess in the repayment, it will be directly applied to the outstanding principal balance of the SSS loan.”
The Social Security System implements a 1% service fee under the loan offer but it is currently waived as previously announced. In applying for the loan offer, there are SSS Calamity Loan requirements for application.