Guide on Application for SSS Salary Loan Process
SSS REQUIREMENTS FOR SALARY LOAN – You can check the guide below in applying for the cash loan offer of the Social Security System (SSS).
A huge part of the Filipino populace is a member of the Social Security System, popularly called SSS. These individuals may qualify for the offers of the state-run social insurance agency including benefits and loan offers.
In the pursuit to help its members who have financial needs for various purposes, it crafted a Salary Loan offer which is just one of the many loans offered by the government institution. It is open for both employed and self-employed individuals who have posted a total of at least 36 monthly contributions.
The allowed borrowing amounts is a member-to-member basis depending on the bracket set by the Social Security System. To check how much you may borrow based on your total contributions, feel free to visit – SSS Salary Loan Amount: Guide on How Much You May Borrow.
Steps & Requirements for Salary Loan Application
Step 1 – Qualifications. In order to be eligible for the SSS Cash Salary Loan, applicants must meet specific criteria established by the Social Insurance Institution. They should be legal-aged Filipino citizens and have made a minimum of 24 monthly savings contributions to qualify for this loan.
Step 2 – Requirements. To apply for the SSS Salary Loan, specific requirements need to be submitted, and these requirements can vary depending on the entity responsible for processing the loan application. The documents to be prepared and submitted may differ based on the authority handling 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
Step 3 – Go to SSS. Pay a visit to the closest main office or branch of the Social Security System (SSS) and submit the SSS requirements for Salary Loan application.. The social insurance institution will keep you informed about the progress of your loan application and provide updates accordingly.
You may also visit – SSS LOANS: 3 SSS Loan Offers For Members & How To Apply For Them
