SSS Calamity Loan Interest Rate Implemented By the Social Security System

Guide on the SSS Calamity Loan Interest rate Set by the Social Security System

SSS CALAMITY LOAN INTEREST – Here is a guide on the interest rate implemented by the Social Security System under this offer.

One of the government agencies in the Philippines that provide multiple loan offers to its members is the Social Security System. It is more commonly called as SSS.

The SSS can help its member in short term cash needs through the SSS Salary Loan offer. It can also aid its members in times of calamities.

Have you heard about the Social Security System’s Calamity Loan offer? It can help those whose areas were struck by calamities.

According to the Social Security System, for a member to be eligible to apply for the loan, he or she must be residing in a calamity area as declared by the National Disaster Risk Reduction Management Council (NDRRMC).

The member-applicant must have posted at least 36 monthly contributions with six (6) of its posted within the last twelve (12) months before the date of loan application.

Do you want to know how much you can borrow under this loan offer and how to apply for it? You may visit – SSS CALAMITY LOAN: How Much You Can Borrow From This SSS Loan.

With regards to the SSS Calamity Loan interest rate, according to the Social Security System, it is at “10% per annum computed on a diminishing principal balance”.

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