Guide on SSS Cash Loan Offer Application Process and Requirements
SSS CASH LOAN OFFER – Below is a guide on how to apply for the SSS Salary Loan offer including the requirements that you must prepare and submit.
Most members of the Social Security System (SSS) undeniably have their eyes fixed on Retirement Benefit that the social insurance agency offers. However, aside from the said benefit which is granted when the member reaches 60 years old, there are loans that members may turn to in times of need.
If you are an SSS member who has posted at least 36 monthly contributions, you may be eligible to apply for the SSS Cash Loan offer in times of need for money for various purposes. You may apply for it to fund your travel, expand your business, make a huge purchase, pay for your kid’s tuition, etc.
The SSS Cash Loan offer is officially under the name “Salary Loan”. Meanwhile, it is open for both the employed and self-employed members of the social insurance institution. The loanable amounts depend on the total contributions posted by a member.
Do you want to check how much you may borrow under the said loan offer? To check on the loanable amounts based on the total contributions that you have posted, you may visit – SSS CASH LOAN: Here’s the Loanable Amount Based on Your Total Posted Contribution.
The documents required in applying for the loan offer depends if the member-borrower will be the one who will process the loan or an authorized representative will do it. You can refer to the table below to check the documents that you will need:
| For personal loan applications: | For loan applications processed by an authorized representative: | For loans to be processed by employer or company’s authorized representative: |
– 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): Postal ID Baptismal Certificate Tax Identification Number (TIN) Card Senior Citizens Card School ID Professional Regulation Commission (PRC) ID LTO Driver’s License Credit Card Health or Medical Card GSIS Card Seaman’s Book Company ID Voter’s Identification card/affidavit/Certificate of Registration ATM card with cardholder’s name or with certification from bank NBI 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 Overseas Worker Welfare Administration card Police Clearance Marriage Contract | – duly-accomplished Member Loan Application Form – Letter of Authority (LOA) from employer – SSS-issued Authorized Company Representative (ACR) card – 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 | – duly-accomplished Member Loan Application Form – two (2) valid IDs both with signature and at least one with photo – 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 |
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You may also visit – Interest of SSS Cash Loan – Here’s the Interest Rate Implemented per annum