SSS Salary Loan Requirements: Here’s What You Need To Prepare, Submit

Guide on SSS Salary Loan Requirements for Application

SSS SALARY LOAN REQUIREMENTS – Prepare these documents in applying for the salary loan offer of the Social Security System.

One of the offers of the Social Security System (SSS) for its members is the SSS Salary Loan. It is a multi-purpose loan offer for members who have posted at least 36 monthly contributions.

SSS Salary Loan Requirements for Application

If the application is done by the SSS member-borrower:

• duly-accomplished Member Loan Application Form
• SSS digitized ID or E-6 (acknowledgement stub)
• any two (2) valid IDs, one of which should have a recent photo

If the application is filed by member-borrower’s Authorized Representative:

• duly-accomplished Member Loan Application Form
• member-borrower’s SS card or any two (2) valid IDs both with signature and at least one of the IDs bearing photo
• SS card of authorized representative or any two (2) valid IDs both with signature and at least one having a photo
• Letter of Authority (LOA) signed by both the member-borrower and the authorized representative of the member-borrower

If the application is filed by member’s employer or an authorized representative of the company:

• duly-accomplished Member Loan Application Form
• SSS-issued Authorized Company Representative (ACR) card
• SS card of member-borrower or SS Form E-6 acknowledgement stub and any two (2) valid IDs both with signature and at least one of them bearing a photo
• Letter of Authority (LOA) from employer and any two (2) valid IDs both with signature and at least one (1) with photo

The loanable amount under the SSS Salary Loan offer depends on certain factors like the number of contributions you have posted. To check how much you may borrow, feel free to visit – SSS Salary Loan Amount: Guide on How Much You May Borrow.

If you have an existing salary loan to SSS, you may qualify for renewal. To check on when you can renew your loan, you may visit – SSS SALARY LOAN RENEWAL – When Can You Renew Your Loan to SSS.