Guide on SSS Salary Loan Application Process & the Documents You Must Submit
SSS SALARY LOAN APPLICATION – Here are the steps in applying for the cash loan offer of the Social Security System (SSS).
Are you a member of the state-run social insurance institution SSS and is currently in need of cash? You may go for the SSS Salary Loan application which can be done in a few steps only. You can check the details below.
Before applying for the loan offer, you might like to check the amount that you may borrow under the loan offer. Feel free to visit – SSS Salary Loan: Here’s the Loanable Amounts under this Offer.
SSS Salary Loan Application Process in Steps
Step 1 – Qualifications. Not all members may qualify for the salary loan offer of the Social Security System (SSS) as it has set certain eligibility requirements for application. To qualify for the loan offer, the applicant-borrower must:
- have posted at least 36 monthly contributions
- have an updated account
- not have been granted a final benefit
- be under 65 years old at the time of the loan application
Step 2 – Gather your documents. There are a few documents needed in applying for the Salary Loan offered by SSS. These requirements depend if you will be the one who will process your loan or the processing will be done by an authorized representative or your employment company.
If you will be the one who will process your loan application, prepare the following:
- 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)
- Baptismal Certificate
- School ID
- Senior Citizens Card
- Professional Regulation Commission (PRC) ID
- Seaman’s Book
- Credit Card
- GSIS Card
- Company ID
- Voter’s Identification card/affidavit/Certificate of Registration
- Postal ID
- Health or Medical Card
- Tax Identification Number (TIN) Card
- LTO Driver’s License
- Overseas Worker Welfare Administration card
- ATM card with cardholder’s name or with certification from bank
- Marriage Contract
- NBI Clearance
- Police 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
If an authorized representative will be the one who will process the loan for you, the following documents are needed:
- duly-accomplished Member Loan Application Form
- SSS-issued Authorized Company Representative (ACR) card
- Letter of Authority (LOA) from employer
- two (2) valid IDs both with signature and at least one with photo
- Member-borrower’s SS card or Application for SS card (SS Form E-6) acknowledgment stub and two (2) valid IDs
If the application will be process by your employer or an authorized officer of the company, the following documents are needed:
- duly-accomplished Member Loan Application Form
- 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
- two (2) valid IDs both with signature and at least one with photo
Step 3 – Go to SSS. Bring your documents and proceed to a branch of the Social Security System nearest to you and submit them. The loan processing may take a few working days.
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You may also visit – Pag-IBIG Cash Loan Requirements You Must Prepare If You Want To Apply…
