How to Apply for an SSS Loan Online

Applying for an SSS loan has been made easier as it can now be done online. Normally, the process involves submitting the loan application form to the HR coordinator in your company, and you will be notified when the check arrives.



Now, you don’t need to fill-out forms. You simply login to your online SSS account and submit the application from there. If you do not have an online account yet, you may create one by going to https://www.sss.gov.ph/. They recommend that you use the latest version of Internet Explorer (IE) as some items may not display on other browsers.

NOTE: The salary loan submitted online by an employed member will be directed to the employer’s My.SSS account for certification, hence, the employer should also have an SSS Web account.

To apply for an SSS loan online, you may find these instructions helpful:

1. Login to your account. Make sure that you are logging in as Member, not as an Employer.

2. Click on “E-SERVICES” and select “Apply for Salary Loan“.

3. Type-in the required information and submit. Your company HR will receive a notice about your submission and upon their validation, SSS will then complete your loan application. In my case, I received the check after three days. Fast and convenient!

Here are the eligibility requirements as posted in the SSS website:

  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.

How much is the loanable amount from SSS?

  1. 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.
  2. 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.
  3. The net amount of the loan shall be the difference between the approved loan amount and all outstanding balance of short-term member loans.

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