Guide on SSS Salary Cash Loan Loanable Amounts for Qualified Members
SSS SALARY CASH LOAN MINIMUM & MAXIMUM – Detailed below is a comprehensive guide on the loanable amounts under the loan offer.
Are you qualified to apply for the SSS Salary Loan offer? It is open for members who have active accounts, good credit records, and have posted a total of at least 36 monthly contributions.
How much are tha SSS Salary Cash Loan loanable amounts? The minimum and maximum amounts that you can borrow actually depends on the total monthly contributions you have posted. You can refer to the table below:
If the total monthly contributions you’ve posted is between 36-71 months | If the total monthly contributions you’ve posted is at least 72 months |
you can borrow up to an equivalent of your one-month basic monthly salary. | you can borrow up to “equivalent to twice the average of the member-borrower’s latest posted 12 MSCs, rounded to the next higher monthly salary credit, or amount applied for, whichever is lower” |
The requirements in applying for the salary loan offer of the Social Security System vary depending if the member-borrower will personally apply for the loan or a representative will be doing it in his or her behalf.
You can refer to the table below for the list of documents that you need to submit for the application:
If the member-borrower will process his/her loan: | If an authorized representative will process the member-borrower‘s loan: | If the employer/HR will process the member’s loan application: |
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)School ID Senior Citizens Card Company ID Professional Regulation Commission (PRC) ID Tax Identification Number (TIN) Card Seaman’s Book LTO Driver’s License Overseas Worker Welfare Administration card Police Clearance Voter’s Identification card/affidavit/Certificate of Registration Postal ID GSIS Card Pag-IBIG Member’s Data Form Baptismal Certificate Seafarer’s Registration Certificate issued by POEA ATM card with cardholder’s name or with certification from bank Health or Medical Card Credit Card Transcript of Records Marriage Contract NBI Clearance Bank Account Passbook 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 | duly-accomplished Member Loan Application Form Letter of Authority (LOA) from employer SSS-issued Authorized Company Representative (ACR) card 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 | duly-accomplished Member Loan Application Form Member-borrower’s SS card or Application for SS card (SS Form E-6) acknowledgment stub and two (2) valid IDs Letter of Authority (LOA) from employer two (2) valid IDs both with signature and at least one with photo |
To apply for the loan offer, kindly visit a branch of the SSS nearest to you and submit your documents. The loan processing may take an indefinite number of working days on a case-to-case basis. Make sure you submit all the documents needed for the evaluation of your loan application.
how to loan
Pwede n Po b akong mag loan
Magkaano Kya makukuha q ma’am f mag loan aqu 10yrs napo aqu ng huhulog sa SSS
Pwdi na po vah Ako maka pag loan
how to check online my monthly contributions?
what if i forgot my previous account i’ve registered at sss.gov.ph..
can i create a new one?
How to know or check my contributions pAra malaman din if qualify ng makapagLoan?
How can i get loan
gudeve po..pde npo b ako magloan po.
Magkano na po1kaya1ang maloloan ko sa sss.at paano po ang gagawin ko para makapagloan ako
pano ako maka loan sa sss?
Sir hindi pipirma ang agency ko para maka pag loan, anong dapat kung gawin or may mga paraan ba para rito dahil eversince hindi pa ako naka pag loan sa SSS. Salamat.