How Do You Apply For SSS Salary Loan?

The Social Security system (SSS) Salary Loan is a cash loan granted to an employed, currently paying self-employed or voluntary member. It is intended to meet the member’s short term credit needs.

 

 

Who are eligible to apply for the salary loan?

All currently employed, currently contributing self-employed or voluntary member.

 

For a 1 month loan, the member – borrower must have 36 posted monthly contributions, 6 of which should be within the last 12 months prior to the month of filing of the salary loan application.

 

For a 2 month loan, the member – borrower must have 72 posted monthly contributions, 6 of which should be within the last 12 months prior to the month of filing of the application.

 

The member – borrower whose employer must be updated in the payment of contributions.

 

The member – borrower has not been granted final benefit, such as total permanent disability, retirement and death.

 

The member – borrower must be under 65 years of age at the time of application.

 

The member – borrower has not been disqualified due to fraud committed against the SSS.

 

 

Requirements

Member – Borrower must submit a Member Loan Application Form.

 

SSS digitized ID or E6 with any 2 valid IDs, one of which with recent photo

 

 

List of valid IDs accepted

Unexpired Driver’s License

 

Professional Regulation Commission (PRC) ID card

 

Passport

 

Postal ID

 

School or Company ID

 

Tax Identification Number (TIN) card

 

Seaman’s Book

 

Membership card issued by private companies

 

Overseas Worker Welfare Administration card

 

Senior Citizens card

 

Voter’s Identification card/Affidavit/Certificate of Registration

 

ATM card with cardholder’s name; or with certification from bank, if without name

 

Credit card

 

Fisherman’s card issued by BFAR

 

GSIS card/Member’s Record/Certificate of Membership

 

Health or Medical card

 

ID card issued by LGUs (e.g. Barangay/Municipal/City)

 

ID card issued by professional association recognized by PRC

 

Birth Certificate

 

Baptismal Certificate

 

Marriage Contract

 

NBI Clearance

 

Pag-IBIG Member’s Data Form

 

Permit to carry firearms issued by the Firearms and Explosive Unit of PNP

 

PHIC Member’s Data Record

 

Police Clearance

 

Seafarer’s Registration Certificate issued by POEA

 

Temporary Driver’s License issued by LTO

 

Transcript of Records

 

Alien Certificate of Registration

 

Bank Account Passbook

 

Certificate from:

Office of Southern/Northern Cultural Communities; or

Office of Muslim Affairs

 

Certificate of Licensure/Qualification Documents/Seafarer’s ID and Record Book from Maritime Industry

 

Certificate of Naturalization from the Bureau of Immigration

 

Life Insurance Policy

 

Birth/Baptismal certificate of child/ren

 

 

Further reading, https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=salaryeligibility

 

 

Filing procedure

A borrower may file the salary loan application at the branch nearest the place of residence or business. A member who is registered at My.SSS can submit the salary loan application online.

 

The salary loan submitted online by an employed member will be directed to the employer’s My.SSS account for certification, hence, the employer should also have an SSS Web account.

 

OFW members may also file their salary loan application at the SSS Foreign Representative Offices in selected countries.

 

In case there is no SSS office in a particular country they may send their application and supporting documents to their relatives here in the Philippines and authorize them to file at the SSS branch.

 

Documents issued in other country should be duly authenticated or certified by the Philippine Consulate Embassy.

 

Note: The employer shall submit an updated Specimen Signature Card (SS Form L-501) to be updated annually to avoid delay in the processing of salary loan applications.

 

 

Repayment term, please visit https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=salarydetails

 

 

 

Apply and Send your SSS Salary application to

The nearest SSS Branch in your area

 

Contact information

Social Security System

SSS Building, East Avenue, Diliman Quezon City, Philippines

Telephone: 02 920 6401

Toll free: 1-800-10-2255777

Email: member_relations@sss.gov.ph or ofw.relations@sss.gov.ph

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