Guide on SSS Cash Loan Amount 2025 Allowed for Member Borrowing
SSS CASH LOAN AMOUNT 2026 – You can check here the details on how much you may borrow under the Social Security System’s offer.
Are you one of the millions of Filipinos in and out of the country who are members of the Social Security System? More popularly called SSS, it is a social insurance giant in the country that has crafted several benefit and loan offers to make sure that its members have something to turn to in times of financial needs.
An SSS membership is mandated not only among the employed individuals who are working in the private sector but as well as the self-employed individuals. The social insurance giant has also opened its doors for those who want to make a voluntary membership like the overseas Filipino workers.
In fact, many OFWs consider their SSS membership as one of their preparations not only for the future but as well as for the uncertainty of the realities of life. It has several benefit and loan offers that members may turn to in times of sickness, disability, calamity, unemployment, etc.
Many land-based and sea-based OFWs are actually members of the social insurance giant. One of the loan offers extended by the state-run entity to its members is the SSS Salary Loan or also called the cash loan offer. Are you wondering about the SSS cash loan amount that is allowed for borrowing?
You may apply for the cash loan offer of the Social Security System to address your financial needs for a project, to meet a medical emergency, to travel, to make a personal purchase, etc. The SSS cash loan amount allowed for borrowing actual depends on a factor that you may check below.
According to the Social Security System, SSS cash loan amount allowed for borrowing varies among the members. The total contributions posted by a member is an important factor. A member may avail either a one-month salary loan or a two-month salary loan.
One-Month Salary Loan
The minimum loanable amount under the SSS loan offer is equivalent to a one-month salary loan. This amount is equivalent “to the average of the member-borrower’s twelve (12) latest posted Monthly Salary Credits (MSCs), rounded to the next higher MSC, or amount applied for, whichever is lower”.
Two-Month Salary Loan
The maximum loanable amount is the two-month salary loan which is “equivalent to twice the average of the member-borrower’s twelve (12) latest posted MSCs, rounded to the next higher MSC, or amount applied for, whichever is lower”.
The SSS Salary Loan is a cash loan offer that is open for both salaried and non-salaried members of the social insurance giant whether you are under a compulsory or voluntary membership. What is important for the qualification is that you have posted at least 36 monthly contributions, has not received a final benefit, and is 65 years old an below upon the loan maturity.
Are you interested to apply for the loan offer? The loan application may actually be filed by an authorized representative if you are dealing with a hectic schedule. The SSS also allows loan application filing by the employers in the case of working members. Here is a guide on the unique lists of requirements for application depending on the filer: