APPLICATION FOR SSS CASH LOAN – Here is a guide in applying for this Social Security System loan offer and the requirements.
Many members of the SSS are unaware that the government agency actually offers a Salary Loan that is multi-purpose. Provided below is a guide on the application for SSS Cash Loan which is open for members who have posted at least 36 monthly contributions.
Apply for SSS CASH LOAN – Here’s What You Need To Do & Prepare
Guide on How To Apply for SSS Cash Loan & the Requirements
APPLY FOR SSS CASH LOAN – Here is what you need to prepare and do if you want to apply for the Social Security System (SSS) Salary Loan offer.
Have you heard about the loans offered by the Social Security System? The state-run social insurance agency has multiple loan offers including the Salary Loan or also called as the cash loan.
The cash loan offer was crafted to help address the short-term financial needs of the qualified SSS members. To check on the eligibility and documentary requirements, you may continue reading below.
How to Apply for SSS Cash Loan?
Step 1 – Are you qualified? To be eligible for the Salary Loan offer of the Social Security System, the member-borrower must:
- have posted at least 36 monthly savings
- have no previous and existing loans in bad records
- be employed or self-employed with a stable source of income
Step 2 – There are documents required in applying for the cash loan offer. According to the Social Security System, to apply for the SSS Cash loan offer, you will need the following documents:
- 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 IDBaptismal CertificateTax Identification Number (TIN) CardSenior Citizens CardSchool IDProfessional Regulation Commission (PRC) IDLTO Driver’s LicenseCredit CardHealth or Medical CardGSIS CardSeaman’s BookCompany IDVoter’s Identification card/affidavit/Certificate of RegistrationATM card with cardholder’s name or with certification from bankNBI ClearanceTranscript of RecordsCertificate from:
- Office of Muslim AffairsLife Insurance PolicyOffice of Southern/Northern Cultural CommunitiesBirth/Baptismal certificate of child/renCertificate of Licensure/Qualification Documents/Seafarer’s ID and Record Book from Maritime IndustryCertificate of Naturalization from the Bureau of Immigration
- Overseas Worker Welfare Administration card
- Police Clearance
- Marriage Contract
- Postal IDBaptismal CertificateTax Identification Number (TIN) CardSenior Citizens CardSchool IDProfessional Regulation Commission (PRC) IDLTO Driver’s LicenseCredit CardHealth or Medical CardGSIS CardSeaman’s BookCompany IDVoter’s Identification card/affidavit/Certificate of RegistrationATM card with cardholder’s name or with certification from bankNBI ClearanceTranscript of RecordsCertificate from:
Step 3 – Submit your documents to SSS. Go to the nearest office or satellite office of the Social Security System and submit your requirements to apply.
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