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What are the SSS salary loan Requirements for online application


The following are the SSS salary loan requirements for online application. With the new service feature of the Social Security System, members can now apply for SSS salary loan online via My SSS portal at the SSS website. It is way better than the old method of submitting salary loan application manually in SSS offices. When you apply for SSS salary loan online and you have it successfully submitted, it will be routed to your employer’s SSS account for certification purposes.

  1. You must be an SSS member
    If not yet, read this: SSS Online Registration | 2016 Guide
  1. You must be registered for an online SSS member account at the My SSS portal at the SSS website. That means you have your Username and Password.
  2. Your employer is registered for an online SSS employer account at My SSS portal at the SSS website.
  3. Regarding your SSS membership status:
    1. All currently employed, currently contributing self-employed or voluntary member.
      • For a one-month loan, the member-borrower must have thirty six (36) posted monthly contributions, six (6) of which should be within the last twelve (12) months prior to the month of filing of application.
      • For a two-month loan, the member-borrower must have seventy two (72) posted monthly contributions, six (6) of which should be within the last twelve (12) months prior to the month of filing of application.
    2. The member-borrower whose employer must be updated in the payment of contributions.
    3. The member-borrower has not been granted final benefit, i.e., total permanent disability, retirement and death
    4. The member-borrower must be under sixty-five (65) years of age at the time of application
    5. The member-borrower has not been disqualified due to fraud committed against the SSS.

 

 

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