How can I check my loan balance in SSS?

How can I check my loan balance in SSS?

How to Check SSS Loan Balance Online 2020

  1. Step 1: Go to www.sss.gov.ph , then member login to view check your loans info. Type in your membership login details.
  2. Step 2: Hover your mouse to the “Inquiry” tab.
  3. Step 3: Hover your mouse to “Loans Info” tab.

What happens if you don’t pay your SSS loan?

Default in Payment of Amortization Any unpaid loan amortization shall bear a penalty of 1.5% for every month of delay. If the mortgagor fails to pay at least six (6) monthly amortizations, the SSS may immediately foreclose the mortgaged property.

Is there SSS condonation program 2020?

For employers who availed of the Contribution Penalty Condonation Program under SSS Circular No. 2019-004 and with approved installment proposal, their post-dated checks which fall due in February, March, April and May 2020 shall be deposited on June 15, 2020.

What is SSS condonation?

the Social Security System

Can I still pay my 2020 SSS contribution?

Employers and individual paying members can pay their SSS obligations until June 1, 2020. For regular and household employers, they have until June 1, 2020 to pay the contributions of their employees/household helpers for February, March, and April 2020.

How can I pay my SSS loan completely?

How to Pay SSS Salary Loan: A Step-by-Step Guide.

  1. Obtain a Payment Reference Number (PRN).
  2. Pay your salary loan.
  3. Wait for your payment to be posted.
  4. Install the SSS mobile app on your phone.
  5. Log in using your user ID and password.
  6. Select “My Loans”.
  7. Select “Salary Loan Balance”.
  8. View your outstanding loan balance.

Is SSS calamity loan deducted from salary loan?

A service fee of 1% of the loan amount shall be charged and deducted from the proceeds of the loan. 1. The member must apply for the Calamity Loan Assistance Program thru the SSS website by accessing his/her My. This calamity loan must be fully paid before the member can avail of future calamity loans of SSS.

Can I apply SSS calamity loan with existing salary loan?

This calamity loan must be fully paid before the member can avail of future calamity loans of SSS. 2. Other terms and conditions in the existing salary loan guidelines, not inconsistent with the above provisions shall be applicable in this program.

Can I apply salary loan even if I have existing calamity loan?

Can I apply for another loan from SSS with an existing loan? A. You can only apply for another salary loan when you have paid at least 50% of the principal or at least half of the term has lapsed.

How much is the loanable amount in Pag-IBIG calamity loan?

Under Pag-IBIG Fund’s Calamity Loan Program, eligible members may borrow up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned.

How will I know if my PAG-IBIG calamity loan is approved?

Loan Status Verification. Virtual Pag-IBIG. For questions or to follow-up on your loan application, please call (or chat us by clicking on the icon found at the bottom right of your screen.

How much can I borrow from Pagibig?

Php6 million

How much is the interest of Pag Ibig salary loan?

Pag-IBIG Salary Loan vs SSS Salary Loan: What’s the Difference?

Pag-IBIG Fund Multipurpose Salary Loan
Interest Rate Per Annum 10.75%
Fees Late payment penalty: 0.5% of unpaid amount every month
Loan Processing 1-2 weeks
Repayment Terms 24 months

How many days does Pag Ibig salary loan release?

2 days

How many months before you can re loan in Pag ibig?

24 months

How is Pag Ibig salary loan calculated?

How to Compute Pag-IBIG Salary Loan Amount. Calculations are made according to the individual’s membership term multiplied by his/her monthly contribution. From there, a 60% loan factor is applied.

How much is the maximum salary loan in Pag ibig?

A qualified Pag-IBIG member shall be allowed to borrow an amount up to a maximum of Six Million Pesos (Php 6,, which shall be based on the lowest of the following: The Member’s Actual Need, His Loan Entitlement Based On Capacity To Pay, The Loan-To-Appraisal Value Ratio.

How much is the monthly contribution of Pag ibig?

How much is the Pag-IBIG contribution? The initial monthly contribution is PHP 200. What are the benefits of being a member of the Pag-IBIG Fund? The contributions that an OFW member makes are credited to his Total Accumulated Value (TAV) or savings which are fully guaranteed by the national government.