How Do I Receive My SSS Salary Loanⓘ via Bank?

When applying for an SSS Salary Loan, one of the most important steps is choosing how you want to receive the money.
Today, the most preferred and efficient method is through bank credit — fast, secure, and paperless.

This blog will walk you through how to receive your SSS Salary Loan via bank, what you need to prepare, and 5 frequently asked questions you must know before and after disbursement.

🔗 Don’t forget to check your loan eligibilityⓘ with this free tool:
👉 SSS Salary Loan Calculator

💳 Step-by-Step: How to Receive SSS Salary Loan via Bank

1. ✅ Ensure You Have a Disbursement Account Enrolled

Before you can get your loan credited to your bank, you must enroll your account in the Disbursement Account Enrollment Module (DAEM).

Go to:

🔗 My.SSS portal
Log in > E-Services > Bank Enrollment
Upload a clear photo or scanned copy of a valid ID and your ATM card, bank passbook, or bank certificate

Accepted banks include:

Landbank
PNB
BDO
UnionBank
GCash (for mobile wallet crediting)
DBP, UCPB, and more

📌 Bank must be in your own name. Joint accounts are not accepted.

2. 📝 Apply for the Salary Loan

Via:

My.SSS
SSS Mobile App
Your HR/Employer portal (for employed members)

Be sure to select your enrolled bank when asked for the disbursement option.

3. ⏳ Wait for Approval and Crediting

Once approved:

You will receive an SMS or email notification
The loan will be credited within 1–2 working days to your bank account

❓ 5 FAQs About Receiving SSS Salary Loan via Bank

1. How will I know if the loan has been credited to my bank?

You will receive a text or email notification from SSS. You can also check your bank account or your Loan Statusⓘ in the SSS portal.

2. What happens if I entered the wrong bank account number?

Your loan will not be credited, and SSS may cancel the disbursement. You must update your DAEM info and reapply or wait for SSS instructions.

3. Can I use a bank account that’s not in my name?

No. SSS strictly requires the disbursement account to be under the member’s name only.

4. What if my loan was approved but no funds arrived?

Wait up to 2 working days. If still not received, contact:

SSS Hotline: 📞 1455
Visit your local SSS branch
Email: member_relations@sss.gov.ph

5. Can I change my enrolled bank after applying?

Yes, but you must cancel the loan applicationⓘ first, update your disbursement account in DAEM, then reapply.

📌 Final Tip

📲 Before applying, check how much you can loan and plan your budget:
🔗 Use the SSS Salary Loan Calculator Now

How Do I Receive My SSS Salary Loan via Bank?