SSS Calamity Loan: Complete Guide to Emergency Financial Assistance
Complete guide to SSS Calamity Loan (CLAP). Learn eligibility, loan amounts, 10% interest rate, online application, and repayment terms for disaster relief.
When disasters strike the Philippines, Filipino workers and their families face not only physical damage but also financial hardship. The SSS Calamity Loan Assistance Program (CLAP) provides emergency financial support to members affected by natural disasters.
What is the SSS Calamity Loan?
The SSS Calamity Loan is a short-term loan program for eligible members whose residence is in areas declared under state of calamity by the National Disaster Risk Reduction and Management Council (NDRRMC).
This emergency loan helps SSS members recover from:
- Typhoons and floods
- Earthquakes
- Volcanic eruptions
- Other government-declared calamities
Eligibility Requirements
Contribution Requirements
- At least 36 monthly contributions
- 6 contributions posted within the last 12 months before application
- For SE/VM/OFW members: at least 6 posted contributions under current membership type
Location Requirements
- Must be a resident of the calamity-declared area
- Must have suffered damages/loss to property in the calamity-stricken area
Account Requirements
- Registered in My.SSS portal
- No final benefit granted (retirement/permanent disability)
- No past due SSS short-term loans
- No outstanding Loan Restructuring Program (LRP) or CLAP
Loan Amount and Terms
How Much Can You Borrow?
| Calculation | Details |
|---|---|
| Loan Amount | 1x Monthly Salary Credit (MSC) |
| Computation | Average of last 12 MSCs, rounded up to nearest ₱1,000 |
| Maximum | Up to ₱35,000 (based on max MSC) |
Example: If your average MSC is ₱15,500, your loanable amount is ₱16,000.
Repayment Terms
| Parameter | Value |
|---|---|
| Term | 24 months |
| Interest Rate | 10% per annum (diminishing balance) |
| Service Fee | Waived (normally 1%) |
| Start of Payment | 2nd month after loan approval |
| Late Penalty | 1% per month |
Sample Loan Computation
For a ₱16,000 loan granted on January 21:
- Interest (Jan 21 to Feb 28): ₱16,000 × 10% × 38 days / 365 = ₱166.58
- Net Proceeds: ₱16,000 - ₱166.58 = ₱15,833.42
- Monthly Amortization: ~₱733
How to Apply Online
Step 1: Prepare Your My.SSS Account
- Login to My.SSS Portal or SSS Mobile App
- Ensure your account is verified
Step 2: Enroll Disbursement Account
- Go to Disbursement Account Enrollment Module (DAEM)
- Enroll your bank account for loan proceeds
- Wait for account verification
Step 3: Submit Application
- Navigate to Calamity Loan section
- Complete the application form
- Submit during the open application period
Step 4: Wait for Approval and Disbursement
Loan proceeds are credited via:
- UMID-ATM Card (if activated)
- Bank Transfer (PESONet) to enrolled account
Where to Pay
Payment can be made at:
- SSS Branch Offices with payment facility
- SSS-accredited banks
- SSS authorized payment centers
- Online banking (with PRN)
Important Rules and Conditions
Loan Default
- 6+ missed payments = Loan default
- Defaulted loan becomes immediately due and demandable
- Subject to 10% annual interest + 1% monthly penalty
Benefit Deductions
Unpaid calamity loans will be deducted from:
- Employed members: Final benefits (disability/retirement/death)
- SE/VM members: Short-term benefits (sickness/maternity) or final benefits
Future Loan Eligibility
Existing calamity loan must be fully paid before you can apply for another one.
For Employed Members
Employers must:
- Certify the employee’s loan application
- Confirm the employee is currently employed
- Ensure net take-home pay covers the deduction
- Collect and remit monthly amortizations through payroll
Tips for Applicants
- Keep My.SSS updated with current contact information
- Enroll your bank account early in DAEM
- Pay on time to avoid 1% monthly penalty
- Pay extra when possible to reduce total interest
- Use the loan wisely for essential repairs and recovery
Frequently Asked Questions
How long does approval take? Processing typically takes 5-10 working days after complete submission.
Can I apply if I have an existing salary loan? Yes, as long as your salary loan is not past due.
What if my area wasn’t declared under state of calamity? Unfortunately, you won’t be eligible for this specific loan program.
Is there a deadline to apply? Yes, SSS announces application periods after each calamity declaration.
For the latest information, visit the official SSS website or call the SSS Hotline at 1455.