Qualifications on or Before Applying SSS Salary Loan

The qualifications you need comply as an SSS member before you can apply for a salary loan.
If you want to apply SSS salary loan you must read these qualifications listed below before you proceed to form application process. This is a reference information to those who a…
Keep reading
If you want to apply SSS salary loan you must read these qualifications listed below before you proceed to form application process. This is a reference information to those who are asking if they are qualified to avail SSS salary loan. Borrower must meet all the conditions posted to be able to benefit the 1 month, 2 month cash loan.

To those who are qualified and planning to avail this program, you can check details provided below if you meet the qualifications. If you're not sure of your status you can also call SSS hotline or visit any of their branches nearest you.

SSS Salary Loan
img credits to sss

Qualified to Avail SSS Salary Loan


An employed, currently paying self-employed or voluntary member (SE/VM) who has 6 posted monthly contributions for the last 12 months prior to the month of filing of application.
  1.  For one-month loan, the member-borrower must have 36 posted monthly contributions prior to the month of  filing of application. Six (6) of which should be within the last twelve (12) months.
  2.   For a two-month loan, the member-borrower must have 72 posted monthly contributions prior to the month of filing of application. Six (6) of which should be within the last twelve (12) months.

  • If the member-borrower is employed, the employer must be updated in contributions and loan remittances.
  • The member-borrower must be updated-current in the payment of other member loans, which include educational, stock investment, MADE & housing loans granted under the Unified Housing Loan program (UHLP) or direct from SSS.
  • The member-borrower must be under 65 years of age at the time of application.
  • The member-borrower has not been granted final benefit (total permanent disability, retirement and death).
  • The member-borrower has not been disqualified due to fraud committed against the SSS.
LOAN AMOUNT
A one-month salary loan is equivalent to the average of the member-borrower's latest posted 12 Monthly Salary Credits (MSCs), or amount applied for, whichever is lower.
A two-month salary loan is 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 net amount of the loan shall be the difference between the approved loan amount and all outstanding balance of short-term member loans.

REPAYMENT TERM AND SCHEDULE OF PAYMENT
The loan shall be payable within two (2) years in 24 monthly installments.
The monthly amortization shall start on 2nd month following the date of loan, which is due on or before the payment deadline, as follows: See schedule of payment.

Payment shall be made at any SSS branch with tellering facility, SSS-accredited bank or SSS-authorized payment center.

INTEREST AND PENALTY
The loan shall be charged an interest rate of 10% per annum based on diminishing principal balance, and shall be amortized over a period of 24 months
Interest of 10% shall continue to be charged on the outstanding principal balance until fully paid
Any excess in the amortization payment shall be applied to the outstanding principal balance
Loan amortization not remitted on due date shall bear a penalty of 1% per month until the loan is fully paid.
SERVICE FEE
A service fee of 1% of the loan amount shall be charged and deducted from the proceeds of the loan.

LOAN RENEWAL
Renewal shall be allowed after payment of at least 50% of the original principal amount and at least 50% of the term has lapsed.

Proceeds of renewal loan is any amount greater than or equal to zero as long as the outstanding balance on the previous loan is deducted.
What are documents, forms and papers needed for salary loan applications? SSS Salary Loan Application Requirements or you may also read SSS Text Inquiry for Loan Contributions and Application Status. (Source)

Comments

Anonymous said…
what if kung may contributions ako for the last 48monts? (Dec.2007-2011)? pero di ako nakapagbayad ng contributions for 12months (2012-2013) since i go abroad? Pwede ba ko magloan? or if not, pwede ko ba i one time bayaran yung mga di ko nabayaran? thanks.
Jan Buencamino said…
i think, pwede yan since babayaran mo ng 10time ang 2012 013 mo
Anonymous said…
Ask ko lang po ng paplano po kc ako mgloan ulit, un lang po kakasal ko lang po kc so ng pa change status pa po ako S.S.S id plang ang meron ako id n change status na, anu pa po pwede iipasa requirements pwede po b luma ko tin id n marriage contract? Anu po pwede tnx po
Anonymous said…
WTF. 6 months prior to 12 months what the hell is that?
Anonymous said…
panu nman kung may gap ang contribution sbi nyo kelangan 6months prior to 12 months eh in my case newly hired ako 3 months palang ako sa bago kong work pero two years na ako memeber hindi pa rin ba ako qualified mag loan
Anonymous said…
have no answers found on this article,, lot of question were pending.
now if I'm goiong to ask since Lots of buzzlings question sorrounds my mind, I'm sure there'll be no answer at all...,, just like whats going on, in this page... the hell
Anonymous said…
Tanga mo po. Basa-basa rin ng maayos pag may time.
Anonymous said…
Ang tatanga kasi ng mga tanong halatang hindi nagbabasa ng maayos. "WTF. 6 months prior to 12 months what the hell is that?" may "WTF" pa saka "what the hell is that?" na nalalaman eh hindi naman marunong magbasa. Ang linaw-linaw ng naka-post. 6 posted monthly contributions for the last 12 months PRIOR TO THE MONTH OF FILING OF APPLICATION. Josku. Pano aasenso Pilipinas niyan? Hindi na marunong magbasa grabe pa maka-react.
Anonymous said…
TANGA TANGA BOBO INUTIL!
Anonymous said…
What if nagleave ka for two months.maternity leave edi may lapse na two months. ok lang ba na bayaran mu yung lapse mu voluntarily. pwede ba yun para lang makapag loan ka
Anonymous said…
What if ano po last year ako nkaregister at last jan ako naemployed at hanggang ngayun employed pa akp. Pwede naba akong magloan?
Anonymous said…
Tanong KO LNG po ng file ako ng salary loan kaya LNG ndi p daw ako PD kci kelangan pumasok muna ung additional Kong anak bago ako mg file ng loan tama po b in? Tnx
Anonymous said…
Tanong KO LNG po ng file ako na salary loan kaya LNG ndi p daw ako PD kci kelangan KO p daw antayin pumasok ung additional kung anak bago daw ako mg file tama po b?
Anonymous said…
pareho kayong tanga mag gago
Paw said…
Ask ko lng po kung pwede b mglian khit walang sss id? Salamat po..
Anonymous said…
Pwede kah magloan as long as alam muh ung sss # muh at meron kang mga valid id's...kc meh nun walang sss id nung nagloan meh...
Anonymous said…
Pano aasenso pilipinas kung di tayo magtulungan.. May mga tao talaga na di madalung makaintinde kapatid.. Kung iparaphrase nalang natin para sa taong yun eh nakatulong pa tayo at baka nga aasenso na ang pinas
Anonymous said…
tama ka jan.
Unknown said…
pano aasenso ang pinoy kung puro payabangan/pagalingan? kung nagets mo iexplain mo sa kanila hndi ung feeling mo matalino kana porke na'gets mo. ganyan talaga ang pinoy mayabang pero wala namang asenso sa buhay. kung sino po kc ung mapagmataas sa totoong buhay cla ung mababa.
Unknown said…
Kailangan nyo pa ponh magstay ng 6 months sa bgong employer bago po kau makaloan ulit. Qualified po kau.
Unknown said…
Kailangan nyo pong magstay sa new employer nyo ng 6 months bago po kau makaloan. Pero dapat may 36 month ka ng contribution. Pag wala pa. U have yo wait po na umabot ang contribution nyo ng 36 months.
Unknown said…
After 6 months po tsaka kau pwedeng magloan. Auto update naman po ang employers natin once na nadeclare tau as employee.
Unknown said…
Better po. Go to SSS office and ask them personally. Sharing po is not a crime.
Unknown said…
Hindi po basta po employed kau sss po ang magbabayad nun. Alam nyo rin po ba na u can file for maternity leave? Since po kapapanganak nyo u can ask for MAT 2 form and get ready po with your babys birth certificate and file it na po sa sss. Sayang din po kahit na bagong employee lang po kau meron at meron po kaung makukuha. Punta na po kau sa sss neae u to know more about it po. 2-3 po ang processing.
Unknown said…
Hindi pa po. Kailangan po 36 months po kau nakapag hulog sa sss.
Unknown said…
Hindi pa po dapat more tham two yrs ang contribution nyo po
Unknown said…
To make it short po and better understanding for everyone.

Newly Hired
More than or atleast 6 months
With 36 contribution. YES FOR LOAN.

Newly hired:
Less than 6 months
W/out 36 months contribution - NOT POSSIBLE

Bin Shung said…
Appreciate your effort on taking time to reply Ma'am Khandis :) thank you soo much
Unknown said…
Ask ko lang po mahigit 2years na po ako nag work pwede na po ba ako mag loan
Unknown said…
Tanong ko lang po, meron na ako loan, wala pang isang taon ako nag babayad, pwede na ba ulit ako mag loan?
Anonymous said…
Tanong ko lang kung pwede ba ako mag loan kung wala akong hulog at wala akong trabaho ngayong lumipas na 6na buwan pero mahigit nang 36na buwan na ang hulog ko. O kunh may iabang paraan para makapag loan ako. Maraming salamat
Jeanelle said…
Hi! Question po.meron n kc aqng 24 months n contribution.so kulang pq ng 12 months pra mgeng 36 pwede qbang byaran ung remaining 1year pra mkpgloan aq.kso ntaon n npasama q sa temporary suspension for 6 months ng company namen pero mg6 months nq s feb 1 back to work n ulit.possible b n mkapgloan aq.
Anonymous said…
Under po ako ng isang company after 5 months ipinasok aq ng cmpany sa agency pwede po b ako magloan kht wala pa aq 1 month palng aq sa agency
Anonymous said…
Gud morning!! Ask qlng poh qng nag bago na poh ba ang patakaran na kapag hindi kasal ang dalawang tao ay hindi pwedeng maging benificiary ang mga anak? O pwede na poh? Let say nanay aq gusto qng gawing benificiary ang anak q kzo d kami kasal ng tatay nya.. kz kasal aq sa unang asawa pero wla kaming anak nung una, pwede poh ba un? Salamat poh.
Anonymous said…
Read the comment /\
Anonymous said…
Read the comment.. up
DIY said…
how soon can I file a loan if me 36 months of contribution na pero kareresign ko lng sa company ko so I'm planning to change my status to voluntary contribution. I know na kailangang 6 posted monthly contributions for the last 12 months prior sa pagfile ng loan pero may more than a year na ako sa company bago ako ngresign so kapag ngvoluntary contribution ba ako gaano katagal ang aantayin ko bago makapagloan? TIA
Unknown said…
“Newly hired:
Less than 6 months
W/out 36 months contribution - NOT POSSIBLE"

What if bayaran ko po ung incomplete month para lng makapag loan, currently po kasi more or less cguro 24 months plng contribution ko..
Unknown said…
3 and half years na po yong sss contribution ko, pwede po ba ako mg loan? kahit 2months na po akong walang trabaho ngayon? pwede pa ba ako maka loan ngayon?
cdi packet said…
ask ko lang po, nag 1st loan po ako noong march 2015, 38mons po ako noon, talaga po bang 72mons kaylangan para sa 2nd loan? balak ko po kasing bayaran ung natitira para makapag 2nd loan eh
Anonymous said…
Hi please help me gusto ko sana mg loan nka 36 mos contribution na ko. Kaso kakaresign ko lng s company ko. Ppwede b ko magloan? Sa on line kasi naka lagay pdin employed ako. Please help me
Unknown said…
Bago lang po akong naghuhulog sa bago kong employer.. Nov2015 up to now march 2016.. Then nag cocontribute na po ako dati mga 6 months po ata pero last 2013 pa po yun.. Pwede na po ba ako magloan kahit kakaunti ?
Unknown said…
24 months na ung contribution ko pwede na ba mka loan
Anonymous said…
Pano pag college teacher like me..4 months lang po every semester,galing po ako public school nkailang loans na po ako don..so dahil sinasabi mong 6 months na stay sa company, e hindi pla ako makakapag loan kahit kelan kasi summer wla naman po ako pasok? Matagal na akong member ng pagibig. :(
aaron said…
gudmorninng po...please reply .. pwede na po ba akong mag first loan sa sss kse nag inform napo ako sa sss marqueemall angeles at na aprove na nila ako. naka 38 months napo ako.. ang problema ko lng po ngayon.. pwede po ba ako maka pag loan kahit wala pakong company work ngayon? in short wala pako nakikitang work ngayon.. dahil nag aaply plang ako. thank you godbless
Anonymous said…
Hello po tanong ko lang po, kasi po nung sa first job ko po naka 8months po ako ng stay sa work so 8months din pong may hulog ung SSS ko po, kaso po nahinto po sya nung nagresigned ako year 2014 pa po. tapos po ngayon lang po ulit naresume ung sa paghuhulog ng SSS ko po sa bagong work ko po mag 2years na po ako sa company na'to posible po bang makapagloan po ako? kahit nagkaroon po ng lapse nung una tapos po ngayon nakapghulog na po from january 2016 upto present. Thank you po sa sasagot po.. God Bless
Anonymous said…
Hi, ask ko lang po. 33months na po contribution ko sa SSS. Balak ko kasi mgloan sa september since naka 37months na po ako by that time. Last year nagbuntis po ako so nakakuha po ako ng maternity benefit sa sss, pwede pa ba ako makapag salary loan? Thanks
Unknown said…
Good day mam khandiz ask qlng po if pde ko ba byran ung kulng ko hulog to make it 36 months for self employed?wla pa po aq work sa ngayon eh tnx
Unknown said…
PWEDE PO BANG HINDI MAGLOAN? ANO PO BA YUNG LOAN? MAGIGING BORROWER KA DUN DBA? O MANGUNGUTANG O YUNG LOAN EH MAGHUHULOG KA LANG BWANBWAN TAS HINDI KOPO MAGETS PARA SAAN ANG LOAN? PARA SAAN ANG DIFFERENT KINDS OF LOAN. STUDYANTE HERE. PLEASE PAKISAGOT PO. ANG GULO GULO NAPO KASE PARANG AYOKO NA TULOY MAGLOAN KUNG PWEDE KASE DAHIL SA PENALTIES OR DI NABAYARAN. PARA KAPAG DI AKO NAGLOAN, YUNG COMPANY NALANG MAGHUHULOG SA NUMBER KO? NE?
MISS said…
hi, ask ko lng po as of now meron akong 21 months contribution putol putol sya, and 6 months nako ngayong december sa new employer ko, pwede ba ko mka avail ng maternity benefit?? target delivery date ko is on March 3, 2017
Please help
thanks a lot :)
sue0021 said…
It depends po

Kung fully paid n ung first loan mo pwede n,pwede rin ikaw mgloan ulit as long as you have paid 50% of your previous loan that is for a loan equivalent to a month salary but if you are planning to get an equivalent of 2 month salary loan then kailangan mo po tlga ng 72 contributions posted
Anonymous said…
What if me previous loan sa dating employer at hindi pa nabayaran, puwede bang magloan sa bagong employer na naka 4 years ng employee
Ces said…
I have 35 contributions since mawalan ako ng work.then I decided to continue the contributions since I am pregnant the SSS entitled me for maternity benefits.i already ask the SSS last wk.but I forget to ask if I'm going to avail loan if I paid the required 6mos contributions to meet the requirements.kc PO wLa ako contributions for the last 6mos.im planning to paid the 6mos contributions is it possible?
Liza said…
Hi aak k lng po kung pwese b pagsabayin un maternity tas salary loan
Anonymous said…
Last april 2011 po ung last contribution ko.ngabroad po ako kaya nhinto po ung hulog ko until now 2017.Pero since 1998 papo ako member and continue nghuhulog.pwede po ba ako mgloan kahit almost 6 years nko hnd nghuhulog?
Unknown said…
Mandatory ba ang loan sa Voluntary Members? Nanghihinayang din ako sa loan kase sobrang laki ng patong sa monthly contribution ko if magloan ako eh. need bayaran yung loan diba at ipapatong yun sa monthly mo now. Kelangan ba tlga? Anong importansya? help?
Newbie21 said…
Hi just want to know, kakalipat ko lang kasi ng new work last january and then when I checked online di pa naghuhulog un employer ko from feb til now. I don't know exactly what is the process from employer to SSS para maupdate or mapost un contribution online. I want to apply for a loan online na sana since di updated ng 6mos un contribution ko upon checking online nga. What should I do para mag avail na lang ng loan sa mismong branch? what should I get from HR para maverify kung naghulog sila sa SSS? btw I have 40 contribution na from my previous work. THANKS!

ps.
bago lang po ako. as in wala po ako alam sa mga ganyan. need ko lang magsalary loan po.. don't be too harsh sa pag eexplain sa akin po. gusto ko po malaman kasi un process ng maayos. :)
Unknown said…
Hi po, makakapag loan po ba ko kung nagresign ako nung april pero lagpas na po ako sa 36 months nakakapag hulog 10 months po dun sa last job ko.. anyone can answer? pls? thank you po.
Unknown said…
Pag nka 36months kn nkahulog sa SSS
qualified kn mkaloan
Unknown said…
6 months po ba . alam ko 3 months lang .
Unknown said…
wala po aq trabaho sa ngaun.pero my 41 months po aq contribution s sss.pero hndi po diretxo yan.putol putol po ang buo lang po ay 31 months kc nagstop po aq magwork ng 2yrs then xaka lang po ulit naituloy ung another 10months n hulog q nung nkapagwork n ulit aq.
pero now po wala aq work.pwede po kaya aq mkagloan s sss?