SSS LOANABLE AMOUNT: How Much Is Loanable Under Salary Loan

Guide on the SSS Loanable Amount Under Salary Loan

SSS LOANABLE AMOUNT – Here is a guide on the amount that you can borrow from the Social Security System through its Salary Loan.

A huge part of the Filipino populace in the Philippines are members of the Social Security System (SSS), a state-run institution that provides insurance to people working in private companies and sector.

Members of the said institution pay for SSS monthly contribution to be able to avail its benefits and privileges. Among the SSS benefits are the following:

  • Sickness Allowance
  • Maternity Allowance
  • Disability Cash Benefit
  • Retirement Benefit
  • Death Claim
  • Funeral Assistance

Aside from the aforementioned benefits that are usually in the form of monetary assistance, another privilege for SSS members is a salary loan offer.

SSS Loanable Amount

Based on the official website of the Social Security System (SSS), the Salary Loan is open for active members who are employed, self-employed, or voluntary.

Under the said loan offer, active-paying members may borrow money from the social insurance institution depending on their contribution – either a one-month loan or a two-month loan.

According to SSS, to avail a one-month loan, the applicant must have posted at least 36 monthly contributions prior to the month of application.

With regards to the two-month loan, the applicant should have contributed at least 72 monthly contributions prior to the month of application.

For the SSS loanable amount under the salary loan offer, here is the explanation of the social insurance institution:

  • A one-month loan is equivalent to the average of member’s last twelve (12) monthly salary credits (MSCs), or the amount applied for, whichever is lower.
  • A two-month loan is equivalent to twice the average of the member’s last twelve (12 ) MSCs posted, rounded to the next higher MSC, or the amount applied for, whichever is lower

According to SSS, the amount granted will be charged to an interest rate of 10% annually. It can be paid in installment for up to two(2) years.

Are you interested to apply?

VISIT: SSS SALARY LOAN – How To Apply For Salary Loan To SSS

124 thoughts on “SSS LOANABLE AMOUNT: How Much Is Loanable Under Salary Loan”

  1. I want to apply a salary loan,but i can’t register to my.sss. i don’t know the problem but i almost tried 30 times to register in that kind of online application …

  2. I delivered a baby girl last November 2018.. Am I still entitled of maternity benefit? I started my contribution since May 15,2013

  3. I presently employed at Resort Negrense pta.taytay Bacolod City. I had sss contribution every month remitted by my employer. How can i pay my previous loan that was not paid by my previous employer Luisita del Solo Yap. If ever there is some possible way to pay it. Im willing to pay. If ever ther is a condonation i want to avail. If possible to do another loan to cover up for my payment to my previous loan i’make it. If possible to pay double to my contribution or loan payment, i do….
    ..pls notify me. Thank you

  4. Good day sir,,
    I ask a question,I have loan to my SSS to the other company,then I would like to continue my deduction of my SSS loan to my new company,,how could we do,?

  5. I have a salary loan but as of now I don’t have a job.I can get a amesty fo my salary loan thank you hope you an answer my question thank you

  6. Pls. Reply on my inquiry with ticket reference number 20082015661, follow up was made yesterday but no reply yet until now.

  7. Hi sir good afternoon po, gusto ko po sanang itanong kung makakaavaile ba ako ng salary loan kung itutuloy ko contribution ko po, more than 10 years na po yung contribution ko po, owf po ako gusto ko sana ituloy contribution ko para makaloan, sana po masagot po ninyo ang katanungan ko, maraming salamat po and God bless po

  8. I want to know how much my loan last 2016 because i didn’t pay my salary loan untill now.thats how much i pay for sss loan

  9. How much can I avail for salary loan? I’ve been contributing for almost 15 years in sss. I have my first loan amounting to 23,000 last 10 years ago.
    Is it possible for me to apply again? Thank you.

  10. Pede poba ako maka loan ng 20k sa salary loan or calamity loan mam/sir mag pagagamitan lang po sana ng pera para paayos ng bahay salamat

  11. If i will apply for SSS salary loan how much could i get. Kindly provide thru personal email accnt. the requirement and procedure for applying the loan.

  12. I paid po 100 months and I stop because of financial ptoblem this pandemic, Can I still loan even if hindi po ako nakapag hulog ng 6months active?
    Thank you and God bless you more!


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