Apply for SSS Cash Loan Online — Here’s a Simple Guide on the Application Process

APPLY FOR SSS CASH LOAN ONLINE – Outlined below is a comprehensive guide on the application process for the Salary Loan offer of the Social Security System.

Among the offers of the Social Security System, popularly called the SSS, are loans that attend to several purposes. One of these loan offers is the Salary Loan or also called as the cash loan which is multi-purpose.

SSS Cash Loan Online Application — Here’s a guide on How To Apply Online

Guide on SSS Cash Loan Online Application Process for Qualified Members

SSS CASH LOAN ONLINE – You can find a guide below on the online application for the Social Security System (SSS).

SSS members who are in need of some cash for multiple purposes may qualify for the SSS Salary Loan offer of the state-run social insurance institution. The cash loan offer is open for members who have posted at least 36 monthly contributions.

SSS Cash Loan Online Application
Photo Credit: Smart Parenting

The Salary Loan offer is open for locally employed, self-employed, and overseas Filipino worker (OFW) members of the social institution. It was designed to help the qualified members address their short-term financial needs.

You may apply for the cash loan offer personally at an SSS office but there might be a long queu. The said application mode is not advised for members who are running after time. Instead, you may file your application online.

Guide on SSS Cash Loan Online Application

Step 1 – Log in to your My.SSS account.

You can only access the SSS cash loan online application if you have registered to My.SSS. There are quite a number of steps on How To Register To SSS Online.

Proceed to the tab for loans and click the loan offer you wish to apply. Enter the necessary information including the amount of loan you wish to avail.

Step 3 – Wait for a notification or update from SSS.

The SSS notify you regarding the status of your loan application. For approved loans, you will receive your money through your preferred cash out as per the application that you have submitted.

The total contributions you have posted will be a key factor on the minimum and maximum loanable amounts under the SSS Salary Cash Loan should you apply. You can repay the amount you borrowed for up to 24 months.

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