Guide on the Requirements for SSS Cash Loan 2023 Application Process
REQUIREMENTS SSS CASH LOAN 2023 – You can check the list below for the documents required in applying for loan to the Social Security System.
Are you a member of the Social Security System? More popularly called the SSS, the state-run social insurance institution actually has a lot of offers for its members with active and updated accounts.
One of the loans offered by the Social Security System is the SSS Salary Loan or also called the cash loan. It is a multi-purpose cash loan offer that is far from the SSS Calamity Loan and the SSS Housing Loan application which are limited for specific purposes.
The SSS cash loan offer is open for both employed and self-employed members of the state-run social insurance institution. To be eligible to apply for the loan offer, the borrower must meet the following criteria:
- an active SSS member with updated contributions
- a Filipino
- has at least thirty six (36) posted monthly contributions
- has not been granted final benefit
- under sixty-five (65) years of age at the time of application
- has not been disqualified due to fraud committed against the SSS
Aside from the eligibility criteria, there are a few requirements for SSS Cash Loan 2023 that must be prepared and submitted for application. The list of required documents depend on who will process your application.
Here is a guide for the requirements for SSS Cash Loan 2023 that you must prepare and submit to SSS:
- 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
