Salary Sss Loan Application Form Sample Fill Up

Member loan application form.

Salary sss loan application form sample fill up. Repayment term and schedule of payment the member borrower must be under sixty five 65 years of age at the time of application for loan. Thanks to a more developed online system sss members can easily apply for loans from the comfort of their homes. The maximum loan amount is twice 2x the average of the past 12 monthly salary credits. Contribution table or schedule.

Loan amount a one month salary loan is equivalent to the average of the member borrower s latest posted 12 monthly salary credits mscs or amount applied for whichever is lower. To get started on the document use the fill sign online button or tick the preview image of the document. Pag ibig calamity loan features to take note of. Authorized representative s ss card or any two valid ids both with signature and at least one with photo.

Prepare your requirements that are listed below before applying for calamity loan to avoid going back over again remember that they only approve a loan when members are included in the areas declared under the state of calamity in a limited period. Sss for item voluntary payment 65 years old. If filed by member borrower s authorized representative. The member borrower shall fill out the box others and indicate slerp tropical storm mario on the loan type portion of the application form part i.

Sss members can apply for an sss salary loan equivalent to one month s worth of salary. How to apply for sss calamity loan go to the nearest sss branch then apply for sss calamity loan. Sss info circulars rules guides. If you are consistently posting 1 760 monthly contribution for the past 36 months this means that your monthly salary credit is equivalent to 16 000.

Sss digitized id or e 6 acknowledgment stub with two valid ids one of which has a recent photo. You just need to make at least 36 months total contributions and 6 months of contributions in the last twelve months. R a 3765 otherwise known as truth in lending act a disclosure statement on loan transaction shall be issued by sss to the member borrower upon receipt of his loan application. The advanced tools of the editor will lead you through the editable pdf template.

Up to 80 of the member s total accumulated value tav interest rate. Salary loan application form. Excess monthly amortization payments will be applied to the loan balance. Citizen s charter guide circulars.

24 months with a grace period of three months monthly amortization starts on the fourth month after the date on the issued check. An interest rate of 10 will be charged every month to the outstanding balance until the loan is paid in full. Member borrower s duly accomplished member loan application. The way to complete the online sss loan application on the internet.

This is the maximum amount you may apply for a salary loan. Housing loan for repair improvements.