Step-by-Step Guide For SSS Salary Loan Application

Here are some steps on how to apply for a salary loan to the Social Security System.

Through the Republic Act No. 8282 in 1997, the Social Security System (SSS) or more commonly known as SSS was established. It is an insurance program that is governed by the state.

Most employees who are working in private companies and establishments are insured under the SSS. Some members are also non-working individuals who applied for SSS membership.

If you are a member of the SSS, there are actually a lot of perks and privileges. You will have to pay a low monthly contribution but upon reaching 60 years old with at least 120 monthly contributions, you will be entitled to a monthly pension.

Related: 7 Types of SSS Benefits (How to Apply and Claim + Downloadable Forms)


Another benefit offered by the state-run insurance program is the SSS Salary Loan. Members of the program who are qualified for the said loan may borrow money for their personal purposes.

According to SSS, a member who has paid at least 36 monthly contributions with six (6) of it within the last twelve months may be entitled to a one-month loan. For example, if the SSS member is earning Php 15,000.00 a month, he or she can borrow Php 15,000.00 from the social insurance institution.

If a member has 72 monthly contributions with six (6) of it posted in the last 12 months, he or she is entitled to a two-month loan. In this case, the member who is earning Php 15,000.00 a month may borrow Php 30,000.00 from SSS.

The following are the other qualifications to the SSS Salary Loan:

  • The employer of the member-borrower must be update in terms of contributions
  • The member should have not availed any final benefit like retirement and total permanent disability
  • The member who want to borrow money must be younger than 65 years old when he or she applied for SSS membership
  • The member-borrower should not have committed fraud against SSS and has been disqualified

How to apply for an SSS Salary Loan

If you wish to personally process your salary loan application, you may follow these steps:

Step 1: Visit the nearest SSS branch and ask for a copy of the Member Loan Application. You may also download it from the website of the SSS.

Step 2: Fill-up the Member Loan Application Form with factual and accurate information.

Step 3: Prepare the requirements including your SSS ID and at least two Philippine valid IDs. For the full list of requirements, visit: SSS Salary Loan Requirements.

Step 4: Bring your duly-filled up Member Loan Application Form together with your requirements to the nearest SSS branch where you plan to apply for a loan.

If you have a My.SSS account and you wish to apply for an SSS Salary Loan online, you may follow these steps:

  • Log in to SSS Online or your My.SSS account at the official website of the SSS –

  • Look for the E-services and click it. Choose “Apply for Salary Loan”.

  • The SSS will present to you the loanable amount for you based on your contribution to the government agency.

  • Provide your mailing address and postal code where you want the check to be sent to re-confirm your application.

  • Inform your employer or the HR of the company you’re working at regarding your loan application. A message from the SSS will be sent to their My.SSS account regarding your application. It needs approval from your company or employer.

In case your loan application is approved, your check will be sent to the mailing address that you have provided together with a stub that you must present to the HR of the company you’re working at.

Are you interested to apply? Visit How To Apply For SSS Salary Loan

Amid the COVID-19 pandemic in the Philippines now, the Social Security System has put up an easier, more convenient, and safer way of applying for a loan. You don’t anymore need to visit a branch of SSS to begin your application. You can do it online. For a guide, you may visit – Guide on Online Application for SSS Salary Loan.

Acknowledgement: This article is sponsored by Usapang Hanapbuhay.

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