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

by

Steps on How To Apply for SSS Salary Loan

SSS SALARY LOAN – Here are some steps on how to apply for a salary loan to the Social Security System.

Through the Republic Act No. 8282 in 1997, the Social Security System or more commonly known as SSS was established. It is an insurance program that is governed by the state.

Most employees who are working in private companies and establishments are insured under the SSS. Some members are also non-working individuals who applied for SSS membership.

SSS
Photo Courtesy of iMoney

If you are a member of the SSS, there are actually a lot of perks and privileges. You will have to pay a low monthly contribution but upon reaching 60 years old with at least 120 monthly contributions, you will be entitled to a monthly pension.

Another benefit offered by the state-run insurance program is the SSS Salary Loan. Members of the program who are qualified for the said loan may borrow money for their personal purposes.

According to SSS, a member who has paid at least 36 monthly contributions with six (6) of it within the last twelve months may be entitled to a one-month loan. For example, if the SSS member is earning Php 15,000.00 a month, he or she can borrow Php 15,000.00 from the social insurance institution.

If a member has 72 monthly contributions with six (6) of it posted in the last 12 months, he or she is entitled to a two-month loan. In this case, the member who is earning Php 15,000.00 a month may borrow Php 30,000.00 from SSS.

The following are the other qualifications to the SSS Salary Loan:

  • The employer of the member-borrower must be update in terms of contributions
  • The member should have not availed any final benefit like retirement and total permanent disability
  • The member who want to borrow money must be younger than 65 years old when he or she applied for SSS membership
  • The member-borrower should not have committed fraud against SSS and has been disqualified

Do you want to know how much you can borrow under it? Feel free to visit – SSS SALARY LOAN – Minimum and Maximum Loanable Amounts.

SSS salary loan

How to apply for an SSS Salary Loan?

If you wish to personally process your salary loan application, you may follow these steps:

Step 1: Visit the nearest SSS branch and ask for a copy of the Member Loan Application. You may also download it from the website of the SSS.

Step 2: Fill-up the Member Loan Application Form with factual and accurate information.

Step 3: Prepare the requirements including your SSS ID and at least two Philippine valid IDs. For the full list of requirements, visit: SSS Salary Loan Requirements.

Step 4: Bring your duly-filled up Member Loan Application Form together with your requirements to the nearest SSS branch where you plan to apply for a loan.

If you have a My.SSS account and you wish to apply for an SSS Salary Loan online, you may follow these steps:

Step 1: Log in to SSS Online or your My.SSS account at the official website of the SSS – https://www.sss.gov.ph/.

Step 2: Look for the E-services and click it. Choose “Apply for Salary Loan”.

Step 3: The SSS will present to you the loanable amount for you based on your contribution to the government agency.

Step 4: Provide your mailing address and postal code where you want the check to be sent to re-confirm your application.

Step 5: Inform your employer or the HR of the company you’re working at regarding your loan application. A message from the SSS will be sent to their My.SSS account regarding your application. It needs approval from your company or employer.

In case your loan application is approved, your check will be sent to the mailing address that you have provided together with a stub that you must present to the HR of the company you’re working at.

READ ALSO: SSS LOANS: 3 SSS Loan Offers For Members & How To Apply For Them

103 thoughts on “SSS SALARY LOAN: How To Apply For Salary Loan To SSS”

  3. Panu po kng parehas sa akin hindi ko po nkuha yung UMID ID ko..kasi nung time ma nagpa captured ako sabi 3mons.bago dumating,ei pagdating po ng 3mons pinuntahan ko sa postal office wala pa daw po…tapos every other month hanggang nag 3years na wala pa din akong notice..1time mai hinanap kmi na ibang mail sa post office nkita ko yung confirmation na dumating na pala yung ID ko tapos wala mai nag claim ibinalik na nila sa main office sa manila..ang pro lena ko po ksi gusto ko nlng sana magpa captured ulit pero hindi puede ksi lumalabas sa computer na mai unclaim pa ako na ID. Anu po dapat kng gawin

    Reply

  10. How can you know if your loan is unsuccessful due to incorrect bank account. Can an employee will reapply again?

    Thanks

    Reply

  15. Paano po mag apply ang 67 y/o ng loan at magkano ang maaaring hiramin.
    Kasama po ba ang Employer Contribution sa computation ng pensions.?

    Reply

  21. Good morning, ask ko lang kung pwedi akong mag renew ng salary loan simce i have existing calamity loan, mattapos ang salary loan ko ng nov 2020. May start plang ang payment ng calamity on dec 2020.
    Thank you

    Reply

  24. Jz an inquiry…been a member since 1980 & have remitted for 8 yrs & stopped.
    Can i qualify 4 a loan & how much?

    Thanks.

    Reply

  27. Tanong ko lang po Kung nahulogan po ba ng employer ko ung sss ko po..nawala po kasi sss ko Hindi ko po matandaan sss number ko..pano po ba mag verify

    Reply

  48. Pedi poh, aq mg calamity loan gagamitin ko poh, pan dagdag sa pmbili Ng materiales s pag gagawa Ng mga motor at sasakyan Ng aswa ko. Pra poh mdagdagan Ang Kita namin plzz….poh, Sana pumyag kau….

    Reply

  54. Hi mam can I borrowed a money mam. 49 contribution in my sss mam. I will apply as calamity loan mam.
    Keep in touch 09635613289

    Reply

  60. Ask q lng PO ma’am & ser nag loan po KC aq Hindi maaprovahan gawa laging lumalabas .as a Temporary SSS no naka punta n po AQ s branch NG SSS para ipa permanent q ung SSS no q s panggalan q noong feb.hanggang ngaun Wala p pong appdate

    Reply

  62. ask q lng po kung ano ang gagawin kc po 82 yrs old npo tatay q ntigil n yung pension nya nung may tapos hnd nmin nai update sa sss nung ng b-day sya kya po wala na syang ntatanggap na pension.ano po kyaganda nmin gwin mahina npo tatay q at hnd npo malinaw yung pg iisip at ulyanin n.sana po mapayuhan nyo kmi.

    Reply

  68. I wanted to Loan at SSS.but i’am already receiving my SSS pension. I may qualify coz I need to replace the roof and repair the ceiling.

    Reply

  70. Pwede ko po ba malaman kung magkano pa po Yung loan balance ko since nman na voluntary lang nman ako..babayaran ko na po Kasi Lahat Hindi po Kasi parepareho ng amount kapag nagbabayad ako.thanks po

    Reply

  71. Voluntary member po ako for more than 8 years na….quarterly po ang aking payment @ Php 5,850/quarter…magkano po kaya ang pwede kong ma-avail na loan?

    Reply

  72. Pno po lakarin ang sss ng tatay k n nmatay n at kng puede lumsum loan nlng kc po nd cla married ng mother k at beneficiaries nia duon e mother at brother nia n mga nmatay ndn po …no po mga requirements kng sakali …at kng puede po bng ilipat nlng s mother k ang pension nia

    Reply

  77. i am voluntarily paying my SSS and i want to ask how to make a loan, i am a housewife and currently not affiliated to any working establishments but paid my monthly dues accordingly, may i know what are the requirements on how to apply? thank you.

    Reply

  81. hello SSS.May existing loan balance po ako when i resigned from my previous employer.Now I have a new employer and has started deductions for my contribution.Can I apply for a new loan and have my previous balance deducted from my check? Thanks for the assistance!

    Reply

  83. Good Day Sir/Madam
    By the way maaari po bang magtanong Kong papaano po mag-loan ng SSS ,kasi nais ko sanang subukan Kong pwedi na po ba,,, almost more than 3 years na po akong nagtatrabaho sa isang Company po,,,,I just want to clarify lang po,,,, Maraming Salamat po sa inyo,,,

    Reply

  92. I am already 68 years old , but O am interested to apply for a loan for my project..
    I am fully vaccinated and can still drive may car..
    Please acknoledge here in request.

    Sincerely
    JOSETA T. NUEZA RN
    09199942199

    Reply

  97. Dear sir /madam,

    How can I get a salary loan if I have housing guaranteed by SSS?
    Expecting your response.
    Thanks

    Reply

Leave a Comment