sss calamity loan

SSS Calamity Loan Program

by JStyle

SSS Calamity Loan Program – SSS to launch COVID-19 calamity loan program on April 24 amid COVID-19 threat.

By next week, the Social Security System (SSS) will offer a P20,000 calamity loan to aid its members amid the enhanced community quarantine due to the COVID-19 pandemic.

Fernan Nicolas, SSS’ concurrent head for public affairs and special division, said that this benefit will be rolled out in two weeks and can be accessed by SSS members by filing an application online. The SSS would launch a nationwide calamity loan program for COVID-19 on April 24.

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. Members could borrow up to P20,000, or equivalent to a one-month salary credit. The loan will be made available to all members for their needs from March to May.

The SSS had set aside some P20.4 billion for over 1.74 million members who were projected to need help as their jobs or sources of livelihood had been hit badly by the pandemic


The loan applications will be accepted through the SSS website or its mobile app as members can file using their My.SSS account.

Once approved, loan proceeds will be credited through member’s enrolled bank account. The loan is payable in 27 months, inclusive of the three-month moratorium period. Payments could start in the fourth month after date of loan approval

SSS members who lost their jobs due to the enhanced community quarantine amid COVID-19, for their part, can avail of the SSS’ one-time payout under unemployment benefit program which pays the member P20,000 at the maximum, depending on the salary rate.

SSS members who can avail of the unemployment, should have at least paid SSS contribution for 36 months.

SSS was waiving the 1 percent service fee. The loan would be charged a 10 percent interest per annum starting in the fourth month and would be computed “on a diminishing principal balance.

SSS has also implemented moratorium on contribution payments.

For employer payments, SSS contribution dues in February, March and April can be paid on June 1, 2020 without penalty, according to Nicolas.

Voluntary members, for their part, can pay their January, February and March contribution dues in June 1, 2020 without penalty.


Below are the qualifications in order for members to apply for the SSS Covid-19 Calamity Loan:

  • Members who’ve had at least 36 months of contributions; with six (6) posted within the past 12 months on or before the month of the application.
  • The home address of the member should be at a declared State of Calamity
  • Must not be a delinquent borrower
  • Must have not availed any SSS benefit or claim such as:
    – Permanent disability
    – Death
    – Retirement Program


To be able to apply for the loan, members must prepare the following documents:

  • Duly accomplished Calamity Loan Assistance Application Form (accessible in the website)
  • Barangay Certification
  • At least one (1) primary ID:
    – Unified Multi-Purpose ID (UMID)
    – Passport
    – Professional Regulation Commission (PRC) ID
    – Seaman’s Book
    – Driver’s License
  • Or two (2) secondary IDs
    – Company ID
    – PhilHealth ID
    – Senior Citizen ID
    – Voter’s ID
    – Taxpayer’s Identification Number (TIN) ID


For inquiries and more information, contact the SSS 24-hour call center at (02) 920-6446 to 55, Monday to Friday, or send an e-mail to [email protected].


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Elvira. M. Umban May 9, 2020 - 5:05 am

Gd pm,, maam/sir.
What if poh may 36 counted n poh ako s sss ko,, pero huminto poh ako ulit s work kasi umuwe ako NG province at dto ako naabotan NG lock-down. Dapat ay nakabalik ako NG cavite,, so hendi p ako nakakapagloan kahit Isa s sss?

RICKY May 9, 2020 - 5:10 am

Apply for Calamity Loan of 20,000.00

Gina Estita May 9, 2020 - 5:14 am

Paano PO Kung 30 months lng Ang nkaposted pero sobbra pa PO ako sa 36 months naghulog Ng sss
Mkaapply PO Kaya ako ty..Isa din po KC ako sa nangangailangan Ng pera.walang Wala na tlaga ako no work no pay din PO ako..Sana PO matulungan nyo po ako ty.

jeffreyson arciila flores May 9, 2020 - 5:36 am

i want calamity loan

Reinalyn Panzo Tablate July 8, 2020 - 9:54 am

I will apply for calamity loan pls. I need to avail that

Reinalyn Panzo Tablate July 8, 2020 - 9:56 am

Need to avail calamity loan use for my family needs and for non working as of this time


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