Guide on SSS Loan Requirements in Applying for Salary Loan Offer
SSS LOAN REQUIREMENTS you must submit if you are the Social Security System member who will personally apply for the loan offer can be checked below.
Are you interested to apply for the Salary Loan offer of the Social Security System? It can help finance your personal purchase, business expansion, travel, and a lot more. There are only a few documents that the state-run social insurance entity requires in applying for the loan offer.
Before checking on the SSS loan requirements that must be submitted, it is best to check the qualifications set by the state-run social insurance agency first. To qualify, here are the eligibility requirements that a member-borrower should meet:
- currently employed, self-employed, or voluntary member of the Social Security System
- must have posted at least 36 monthly contributions in the SSS account
- has not received any final benefit from the SSS
- if employed, the employer must be updated in the payment of the SSS contributions
- 65 years old and below at the time of the loan application
- has not been disqualified due to fraud committed against the SSS
If the loan application will be filed by the member-borrower, there are only two (2) SSS loan requirements that must be submitted for the application such as the following:
- duly-accomplished Member Loan Application Form
- SSS digitized ID or E-6 with any two (2) valid IDs (one of which with a recent photo)
With regards to the identification documents accepted by the Social Security System in applying for the loan offer, the state entity accepts any of the following IDs within the validity period:
- Senior Citizens Card
- Professional Regulation Commission (PRC) ID
- Seaman’s Book
- LTO Driver’s License
- School ID
- Company ID
- Voter’s Identification card/affidavit/Certificate of Registration
- Postal ID
- GSIS Card
- Tax Identification Number (TIN) Card
- Baptismal Certificate
- Overseas Worker Welfare Administration card
- ATM card with cardholder’s name or with certification from bank
- Health or Medical Card
- Credit Card
- Police Clearance
- Transcript of Records
- NBI Clearance
- Pag-IBIG Member’s Data Form
- Marriage Contract
- Seafarer’s Registration Certificate issued by POEA
- Bank Account Passbook
- Certificate from:
- Office of Muslim Affairs
- Life Insurance Policy
- Office of Southern/Northern Cultural Communities
- Birth/Baptismal certificate of child/ren
- Certificate of Licensure/Qualification Documents/Seafarer’s ID and Record Book from Maritime Industry
- Certificate of Naturalization from the Bureau of Immigration
In case the loan application will be filed by an authorized representative of the SSS member, there is a different list of SSS loan requirements for an authorized representative who will file the loan in behalf of the member-borrower.