SSS Loan Application: Step-By-Step Guide (2025)
Are you a Filipino employee looking for financial assistance? The SSS salary loan is one of the easiest and most accessible loan options available to qualified members of the Social Security System (SSS). In this complete guide, we’ll show you how to apply for an SSS salary loan, eligibility requirements, how much you can borrow, and how to receive your loan quickly and safely.
The SSS salary loan is a cash loan offered to employed, self-employed, or voluntary members of the SSS. It aims to meet the short-term credit needs of eligible members through an easy application process and affordable repayment terms.
WHO IS ELIGIBLE FOR A SSS SALARY LOAN?
- Must be an active SSS member under 65 years old.
- Has at least:
- 36 monthly contributions for a 1-month loan, or
- 72 monthly contributions for a 2-month loan.
- Has six contributions within the last 12 months before the month of application.
- Your employer (if employed) must be updated in SSS payments.
- Has no existing final benefit claims (like retirement or total disability).
- Has no outstanding SSS loan balance.
SSS offers two types of salary loans depending on your contributions:
| Contribution History | Loan Amount |
|---|---|
| At least 36 months | 1-month salary loan |
| At least 72 months | 2-month salary loan |
The loan amount is based on your average monthly salary credit (MSC). The interest rate is 10% per annum, and a service fee of 1% is deducted from the loan.
Requirements for SSS Salary Loan
For Online Application:
- SSS account login credentials
- Bank account or UMID card enrolled in SSS
For Over-the-Counter Application (if allowed):
- Completed SSS salary loan application form
- Valid government-issued ID
- SSS ID or UMID card (if available)
Apply for a SSS Salary Loan Online in 2025
The fastest and most convenient way to get an SSS salary loan is through the My.SSS online portal.
- Log in to your My.SSS account
Visit https://member.sss.gov.ph and log in using your credentials. - Go to “E-Services” > “Apply for Salary Loan”
Choose the loan type (1-month or 2-month). - Select your disbursement option
Choose your enrolled bank account, UMID ATM, or other available channels. - Agree to terms and conditions
Read and accept the loan agreement. - Submit your application
You will receive a confirmation email and notification once approved.
📌 Important: Make sure your bank account or UMID ATM is registered with SSS before applying.
disbursement of your sss loan
SSS disburses salary loans through:
- Bank deposit (via PESONet-accredited banks)
- UMID ATM card
- Check (only in special cases)
Processing takes about 3–5 working days after approval, depending on your chosen disbursement method.
- Loan is payable in 24 equal monthly installments.
- Payments start in the second month after the loan release date.
- You can pay through:
- Your employer’s payroll deductions
- SSS-accredited payment centers
- Online platforms (e.g., GCash, Maya, UnionBank, etc.)
- 1% monthly penalty on unpaid principal
- Disqualification from future loans
- Loan balance will be deducted from future SSS claims
SSS Contact Information
- SSS Hotline: 8-1455 (for landline), 02-1455 (for mobile)
- Email: [email protected]
- Website: https://www.sss.gov.ph
Frequently Asked Questions (FAQs)
How long does it take for the SSS to approve a salary loan?
It typically takes 2 to 3 weeks for the SSS to process and release the loan depending on the completeness of requirements.
Can voluntary members apply?
Yes, as long as they meet the eligibility and contribution requirements.
Can I reapply if I still have a balance?
No, you must fully pay your existing loan before applying for a new one.
How much can I borrow from SSS?
The loan amount is based on your average Monthly Salary Credit (MSC): either one-month or two-month loan depending on eligibility.
What is the interest rate and repayment term?
The loan has a 10% annual interest rate and is payable in 24 equal monthly installments, starting on the second month after release.
Can I apply for another loan if I have an existing SSS loan?
Yes, if you have paid at least 50% of your current loan’s principal and meet all other eligibility requirements.
Can OFWs apply for an SSS Salary Loan?
Yes. OFWs can apply through SSS Foreign Representative Offices, via authorized representatives, or online through My.SSS.
How do I check if my SSS loan is approved?
Log in to your My.SSS account and go to “Inquiry” > “Loan Info,” or wait for SMS confirmation from SSS.
What happens if my loan is denied?
Resolve issues with contributions or your DAEM record. Once corrected, you can reapply after 30 days.
