What your Online SSS Loan Application Status Means

If you’ve recently applied for a loan via the SSS portal, you will see the status of your application when you click on the “Inquiry” menu and select “Loans Info”.

Upon approval of your loan application, the status will appear as:

  1. “DISBURSEMENT THRU THE BANK – E” – for Encoding.
  2. “DISBURSEMENT THRU THE BANK – Q” – Qualified and is ready for approval. Encoding to approval normally takes 1-2 business days.
  3. “DISBURSEMENT THRU THE BANK – G“:

This means that the fund is still being disbursed to your bank. It is still in process and it will take 10-15 business days before it will reflect in your bank account.

From my experience, the disbursement took exactly 15 business days. My application was approved on January 15 and the amount was credited to my bank account on February 5.

SSS Online Account: How to Register?

1. Go to the SSS official website at https://www.sss.gov.ph. It is recommended that you use the latest version of Internet Explorer (IE) as some features may not work in other browsers.

2. From the login page, look for and click on the “Click Here” button below the “Not yet registered in My.SSS?” callout.
3. You will be asked to select one information from among those that you provided when you registered to SSS. Make sure to choose the information that you remember, such as the mobile number that you used when you registered.

4. On the next page, fill out the form with your personal information.
5. At the bottom of the form, enter the information that you selected from the previous page, if you selected Mobile Number, you will get this field:

Likewise, the fields for the other options look like these:

Savings Account Number / Citibank Cash Card / UBP Quick Card / UMID – ATM Saving Account
UMID CARD
Employer ID Number / Household Employer ID Number
Payment Reference Number / SBR No. / Payment Receipt Transaction Number

(NOTE: as mentioned above, you will only need to select one. I used mobile number for this example as that is the easiest to remember.)

6. Lastly, enter the auto-generated code in the box, check the Terms of Service acceptance, and click Submit.
You will get this message after clicking “Submit”:If you will not receive the email in 30 minutes, it may take up to 24 hours. In the email, you will be provided a link to activate your account. Make sure to use the recommended version or the latest version of IE to open the link. Upon activation, you will be asked to assign a password for your account.

After logging in, it may take sometime for your SSS details to be displayed under the E-Services tab. All information sometimes appear as “null” at first. Don’t worry, they will auto-populate after a few minutes.

The online account is very useful for online transactions (of course). From there, you can view your SSS profile, employment and contribution history, details of your existing loan if there are any, or even to actually apply for a loan. You can find the instructions on how to apply for an SSS loan online in this article:

How to Apply for an SSS Loan Online


How to Know if You Have an Existing SSS Loan

Whether you are wondering if you still have a loan balance or just want to find out if you can now renew your loan, calling SSS to verify or visiting one of their branches would be the best options. But if you have an online account, these information are just a few clicks away. If you do not have an online account yet, go to https://www.sss.gov.ph/ and register. Make sure that you are registering as a “Member” not as an “Employer. Also, use the latest version of Internet Explorer as some of the website functions do not work with other browsers.

Upon logging in, click on “E-SERVICES” and select “Apply for Salary Loan”. If you have an existing loan, the following message will appear:

From here, you can also check your loan balance and other details such as when the loan was submitted, your monthly amortization and the like. If you go to “Inquiry” you will find your profile details, and you can get a complete view of your total contribution along with your monthly premiums.




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!

Related posts:
SSS Online Account: How to Register?
How to Know if You Have an Existing SSS Loan

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.