Guide on SSS Cash Loan Loanable Amounts & the Requirements in Applying
SSS CASH LOAN APPLICATION – Here is a step-by-step guide in applying for the salary loan offer of the Social Security System.
Are you familiar with the loan offers of the Social Security System (SSS)? One of them is the cash loan offer or also known as the salary loan offer. It can help attend to your financial needs as it is multi-purpose.
Do you want to know how much you may borrow under the SSS loan offer? Feel free to visit – SSS Salary Loan Amount: Guide on How Much You May Borrow.
How to Apply for SSS Cash Loan
Step 1 – Check if you are qualified to apply for the SSS loan offer. To be eligible to apply for the salary loan offer of the social insurance institution, the applicant, a Filipino of legal age, must have posted at least 24 monthly savings.
Step 2 – Prepare your documents. There are requirements you must submit for SSS Cash Loan application. The requirements depend on who will process the loan application.
- For personal loan applications:
- 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)
- Postal ID
- Baptismal Certificate
- Tax Identification Number (TIN) Card
- Senior Citizens Card
- School ID
- Professional Regulation Commission (PRC) ID
- LTO Driver’s License
- Credit Card
- Health or Medical Card
- GSIS Card
- Seaman’s Book
- Company ID
- Voter’s Identification card/affidavit/Certificate of Registration
- ATM card with cardholder’s name or with certification from bank
- NBI Clearance
- Transcript of Records
- 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
- Seafarer’s Registration Certificate issued by POEA
- Bank Account Passbook
- Pag-IBIG Member’s Data Form
- Overseas Worker Welfare Administration card
- Police Clearance
- Marriage Contract
- For loan applications processed by an authorized representative:
- duly-accomplished Member Loan Application Form
- Letter of Authority (LOA) from employer
- SSS-issued Authorized Company Representative (ACR) card
- Member-borrower’s SS card or Application for SS card (SS Form E-6) acknowledgment stub and two (2) valid IDs
- two (2) valid IDs both with signature and at least one with photo
- For loans to be processed by employer or company’s authorized representative:
- duly-accomplished Member Loan Application Form
- two (2) valid IDs both with signature and at least one with photo
- Letter of Authority (LOA) from employer
- Member-borrower’s SS card or Application for SS card (SS Form E-6) acknowledgment stub and two (2) valid IDs
Step 3 – Go to SSS. Proceed to the main office or branch of the Social Security System nearest to you and submit your documents for application. Wait for an update from the social insurance institution regarding the status of your loan application.
You may also visit – SSS LOANS: 3 SSS Loan Offers For Members & How To Apply For Them
