Lists of SSS Salary Loan Requirements 2023 in Applying for Loans
SSS SALARY LOAN REQUIREMENTS 2023 – You can check the guide below for the complete lists of documents needed in applying for the loan offer of the Social Security System.
The Social Security System, more popularly called SSS, is a state-run social insurance institution that is standing for decades now. Millions of Filipinos are SSS members. Many of them are locally-employed individuals in the private sector and self-employed individuals.
Every month, the members of the Social Security System submit a monthly contribution to the social insurance agency. The rate depends on the SSS based on the member’s salary. The members of the state-run social insurance institution may qualify to the benefits and loans offered by the SSS.
One of the offers of the Social Security System is the SSS Salary Loan 2023, a multi-purpose cash loan offer that is open for both employed and self-employed members of the government institution as well as the OFW members.
The Social Security System or SSS cash loan loanable amounts is based the member’s total contribution. The amount borrowed is payable for up to 36 monthly installments. The requirements for the SSS Salary Loan 2023 depends on the application process for the offer.
Option A — If you are the Social Security System member and you are planning to personally process the loan application at a branch of the government agency nearest to you, here are the documents that you need to prepare and bring to the branch. Make sure to bring a valid ID:
- 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)
- LTO Driver’s License
- Company ID
- Senior Citizens Card
- Professional Regulation Commission (PRC) ID
- Postal ID
- Seaman’s Book
- Tax Identification Number (TIN) Card
- School ID
- GSIS Card
- Voter’s Identification card/affidavit/Certificate of Registration
- Transcript of Records
- Health or Medical Card
- Baptismal Certificate
- Overseas Worker Welfare Administration card
- Police Clearance
- ATM card with cardholder’s name or with certification from bank
- Pag-IBIG Member’s Data Form
- Credit Card
- Marriage Contract
- Bank Account Passbook
- NBI Clearance
- Seafarer’s Registration Certificate issued by POEA
- 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
Option B — Truth be told that many SSS members, most especially those who are employed, cannot process the loan application by themselves. If you wish to apply for the loan offer but you cannot leave your work for the application process, an authorized representative can do it for you.
However, there is a different set of SSS Salary Loan requirements 2023 that you must prepare and have your authorized representative submit it to the government-run social insurance agency. Here are the documents needed if an authorized representative will process the loan offer:
- duly-accomplished Member Loan Application Form
- SSS-issued Authorized Company Representative (ACR) card
- Letter of Authority (LOA) from employer
- 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
Option C — If the loan application will be processed by a representative of your employer or the company that you are working for, there is a different set of documents that must be submitted. Here are the SSS Salary Loan requirements 2023 in this case:
- duly-accomplished Member Loan Application Form
- 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
- two (2) valid IDs both with signature and at least one with photo
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