SSS CASH LOAN APPLICATION – Below is a guide on the loanable amounts under the SSS Salary Loan offer for eligible members.
Members of the Social Security System (SSS) have loan offers to turn to in times of financial needs. One of these offers is the Salary Loan or also known as the cash loan offer. Below, you can check the simple process for the SSS cash loan application and the loanable amounts under the offer.
Apply SSS Cash Loan – Here’s How Much You May Borrow & How To Apply
Guide on How To Apply for SSS Cash Loan Offer & the Loanable Amounts
APPLY SSS CASH LOAN – Here is a guide on how much you may borrow under this loan offer and how to apply for it.
Many Filipinos have secured memberships to the Social Security System (SSS) as they wanted to make sure that they have pensions to turn to when they hit their seniority. The social insurance institution has a retirement benefit offer which offers either a monthly pension or a lump sum depending on the total contributions of a member.
The Retirement Benefit is considered a final benefit from the government institution. While it may take years for one to qualify to it, there are other benefits of being an SSS member – one of these is a widened resources due to its loan offers.
One of the loans offered by the Social Security System (SSS) is the Salary Loan offer or also called the Cash Loan offer. Members who have posted at least 36 monthly contributions can apply to the SSS Cash Loan offer.
If you have posted at least 36 monthly contributions but not more than 72 contributions, you may borrow an equivalent of your one (1) month basic salary. If you have posted 72 monthly contributions and above, you can borrow up to twice of your basic salary.
How to apply for SSS Cash Loan offer? There are only a few steps and requirements in applying for the offer of the state-run social insurance institution to eligible members. For a guide on the application process, you may visit – Apply for SSS Salary Loan: Simple Guide in Applying & What You Need to Submit.
Thank you for visiting Philnews.ph. You may express your thoughts and reactions below through the comment section. You may also follow us on Facebook, on Twitter, and subscribe to our YouTube channel Philnews Ph.