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Republic of the Philippines DDR-2 (REV. 05-01) SOCIAL SECURITY SYSTEM DEATH, DISABILITY, RETIREMENT AND EARLY WITHDRAWAL CLAIM (FLEXI-FUND PROGRAM) (Please read instructions at the back, Print all
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How to fill out sss guarantors form
How to fill out sss guarantors form:
01
Obtain a copy of the sss guarantors form from the nearest SSS branch or download it from the official SSS website.
02
Fill in your personal information accurately and legibly, such as your full name, address, contact number, and SSS number.
03
Provide the necessary details of the borrower, which may include their name, address, contact number, and SSS number.
04
Indicate your relationship to the borrower, whether you are a relative, friend, or colleague.
05
State your employment status and provide the name, address, and contact number of your employer, if applicable.
06
Declare your income, including your monthly or annual salary, and indicate any other sources of income if necessary.
07
Sign and date the form to certify the accuracy of the information provided.
08
Make sure to read the terms and conditions section carefully before submitting the form.
Who needs sss guarantors form:
01
Individuals who are applying for a loan from the Social Security System (SSS) and require a guarantor.
02
Borrowers who do not meet the SSS loan eligibility requirements and need someone to guarantee their loan.
03
SSS members who want to support a family member or friend in obtaining a loan from the SSS but are not the direct borrowers themselves.
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How to fill out sss guarantors form?
1. Fill out the basic information section in the guarantor form. This includes your full name, address, and contact information.
2. In the “Purpose of Guarantee” section, state why you are serving as a guarantor and what you are guaranteeing.
3. In the “Guarantor’s Liability” section, specify the amount of money you are guaranteeing and any other conditions that are applicable.
4. Read and sign the “Declaration” section at the bottom of the form.
5. Have your signature witnessed and have the witness sign and date the form.
6. Make a copy of the form for your records.
When is the deadline to file sss guarantors form in 2023?
The deadline to file SSS Guarantors Form in 2023 is not yet available. However, it is expected that the deadline will be sometime in late 2022 or early 2023.
What is the penalty for the late filing of sss guarantors form?
The penalty for the late filing of SSS guarantors Form is a fine of up to Php 5,000 for every month of delay.
What is sss guarantors form?
SSS guarantors form refers to a document required by the Social Security System (SSS) in the Philippines for certain loan applications. The form serves as a written agreement between the applicant and their chosen guarantors, who undertake to guarantee the repayment of the loan in case the borrower defaults. The guarantors form includes relevant details such as the names and identification numbers of the guarantors, their relationship to the borrower, and their consent to be held accountable for the loan. This form is essential for securing loans through the SSS.
Who is required to file sss guarantors form?
The SSS Guarantors Form is required to be filed by all employers who have members of their workforce who are required to be covered by the Social Security System (SSS) but are not paying their contributions. The form is used to provide a guaranty of payment for the unpaid contributions of these employees.
What is the purpose of sss guarantors form?
The purpose of the SSS Guarantors Form is to provide a guarantee for a loan or benefit availed from the Social Security System (SSS) in the Philippines. This form is used when a member of SSS requests a loan, retirement benefit, disability benefit, or any other financial assistance from SSS. The guarantors form is filled out by individuals who are willing to act as guarantors, ensuring that the borrower/member will fulfill their obligations and repay the loan or benefit amount. The form includes personal and financial information of the guarantor(s) and serves as a legal document binding them to the terms and conditions of the loan/benefit agreement.
What information must be reported on sss guarantors form?
The information that must be reported on an SSS guarantors form may vary depending on the specific requirements of the form and the organization that is asking for the guarantor. However, some common information that may be requested on such a form includes:
1. Full name of the guarantor
2. Contact details (address, phone number, email)
3. Relationship to the person being guaranteed (e.g., friend, family member, colleague)
4. Employment details (company name, position, length of employment)
5. Income details (monthly/annual salary, other sources of income)
6. Financial stability information (savings, investments, assets)
7. Personal identification (e.g., passport or ID number)
8. Guarantor's signature and date of signing.
It is important to note that these requirements may vary, and the specific information requested on the SSS guarantors form should be confirmed with the organization requesting it.
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