How to Apply Salary Loan in SSS (Step-by-Step Guide for 2025)
Are you short on cash and thinking of applying for an SSS Salary Loan? Whether you’re covering bills, tuition, or maternity expenses, the Social Security System (SSS) offers an affordable loan program designed to give members quick financial support — without the high interest rates of typical personal loans.
In this guide, you’ll learn how to apply for an SSS Salary Loan online, the requirements, eligibility rules, processing time, and how to compute your estimated loan amount and deductions before applying.
đź’ˇ What Is an SSS Salary Loan?
The SSS Salary Loan is a short-term cash loan available to active members of the Social Security System. It’s designed to help members meet immediate financial needs such as home repairs, educational expenses, or emergencies.
Key features:
Low interest rate of 8% per year
Payable in 12 or 24 equal monthly installments
Automatic salary deduction for employed members
No collateral required
Kung member ka ng SSS, good news — pwede ka ring mag-apply basta qualified ka sa requirements.
🧾 Eligibility Requirements for SSS Salary Loan
Before you apply, make sure you meet these conditions:
Loan Type
Minimum Posted Contributions
Recent Contributions
Employment Status
1-Year Loan
At least 36 posted contributions
6 within the last 12 months
Currently employed, self-employed, or voluntary
2-Year Loan
At least 72 posted contributions
6 within the last 12 months
Same as above
Additional requirements:
Your employer must be updated in SSS contribution remittances.
You must have no overdue SSS loan (e.g., previous salary loan not yet settled).
Your SSS number and My.SSS account must be active.
You must have a registered disbursement account (bank or UMID-ATM card) in the Disbursement Account Enrollment Module (DAEM).
🧍 Who Can Apply for an SSS Salary Loan?
Employed Members: Apply online; employer must certify your loan.
Self-Employed Members: Can apply directly through My.SSS.
Voluntary Members: Must have updated contributions.
Overseas Filipino Workers (OFWs): Can apply online if enrolled in My.SSS with a valid DAEM account.
Even if you’re on maternity leave, you may still qualify — as long as your contributions and employment status are active.
📲 How to Apply for SSS Salary Loan (Step-by-Step)
âś… Step 1: Log in to Your My.SSS Account
Go to the My.SSS website and log in with your User ID and password. If you don’t have an account yet, register first using your SSS number and email.
✅ Step 2: Go to “E-Services” → “Apply for Salary Loan”
Once logged in, click on E-Services, then select Apply for Salary Loan.
âś… Step 3: Review Your Loanable Amount
You’ll see your loanable amount, which is based on your Average Monthly Salary Credit (AMSC). The system automatically determines whether you’re eligible for a 1-year or 2-year loan.
âś… Step 4: Select Your Disbursement Account
Choose your bank or UMID-ATM account registered under DAEM. Make sure it’s marked as “Approved.” Otherwise, SSS will not credit your loan.
âś… Step 5: Confirm and Submit
Review all details carefully, then click Submit. If you’re employed, your application will be forwarded to your employer for online certification.
âś… Step 6: Wait for Approval and Crediting
Once your employer certifies (if applicable), SSS will process and release the loan. Expect crediting to your bank account within 3 to 7 working days after approval.
đź’µ How Much Can You Borrow from SSS?
Your loan amount depends on your Average Monthly Salary Credit (AMSC) and contribution record.
Type
Loanable Amount
Notes
1-Year Loan
Up to 1× AMSC or ₱25,000 max
For members with at least 36 contributions
2-Year Loan
Up to 2× AMSC or ₱50,000 max
For members with at least 72 contributions
Even if your AMSC is higher, your approved amount cannot exceed the maximum allowed by SSS.
Minimum Loanable Amount: ₱1,000
📊 Example: ₱20,000 SSS Salary Loan Breakdown
Let’s say you were approved for a ₱20,000, 2-year loan on March 12, 2025.
Description
Amount (₱)
Notes
Approved Loan
20,000.00
2-year term
Less: 1% Service Fee
200.00
Standard SSS deduction
Less: Pro-Rated Interest
219.18
Covers March 12–April 30 (50 days)
Net Amount Credited
₱19,580.82
Credited to your bank/UMID account
Pro-rated interest computation:
Annual interest = 8% of ₱20,000 = ₱1,600
Daily interest = ₱1,600 ÷ 365 = ₱4.38/day
Total days = 50
₱4.38 × 50 = ₱219.18
This ensures fairness by charging only for the actual pre-amortization days before your first payment starts.
₱20,000 SSS Salary Loan Monthly Amortization
Month
Beginning Balance
Payment
Interest (0.667%)
Principal
Remaining Balance
1
₱20,000.00
₱900.00
₱133.40
₱766.60
₱19,233.40
2
₱19,233.40
₱900.00
₱128.85
₱771.15
₱18,462.25
3
₱18,462.25
₱900.00
₱123.10
₱776.90
₱17,685.35
4
₱17,685.35
₱900.00
₱117.80
₱782.20
₱16,903.15
5
₱16,903.15
₱900.00
₱112.76
₱787.24
₱16,115.91
6
₱16,115.91
₱900.00
₱107.57
₱792.43
₱15,323.48
7
₱15,323.48
₱900.00
₱102.31
₱797.69
₱14,525.79
8
₱14,525.79
₱900.00
₱97.00
₱803.00
₱13,722.79
9
₱13,722.79
₱900.00
₱91.53
₱808.47
₱12,914.32
10
₱12,914.32
₱900.00
₱86.12
₱813.88
₱12,100.44
11
₱12,100.44
₱900.00
₱80.27
₱819.73
₱11,280.71
12
₱11,280.71
₱900.00
₱75.18
₱824.82
₱10,455.89
13
₱10,455.89
₱900.00
₱69.94
₱830.06
₱9,625.83
14
₱9,625.83
₱900.00
₱64.17
₱835.83
₱8,789.99
15
₱8,789.99
₱900.00
₱58.66
₱841.34
₱7,948.65
16
₱7,948.65
₱900.00
₱52.99
₱847.01
₱7,101.64
17
₱7,101.64
₱900.00
₱47.37
₱852.63
₱6,249.01
18
₱6,249.01
₱900.00
₱41.67
₱858.33
₱5,390.68
19
₱5,390.68
₱900.00
₱35.95
₱864.05
₱4,526.63
20
₱4,526.63
₱900.00
₱30.19
₱869.81
₱3,656.82
21
₱3,656.82
₱900.00
₱24.41
₱875.59
₱2,781.23
22
₱2,781.23
₱900.00
₱18.55
₱881.45
₱1,899.78
23
₱1,899.78
₱900.00
₱12.67
₱887.33
₱1,012.45
24
₱1,012.45
₱900.00
₱6.75
₱893.25
₱0.00
🔢 Compute Your SSS Salary Loan Instantly
Before applying, it’s smart to compute your expected loan amount, interest, and deductions. Try the SSS Salary Loan Calculator — it shows your:
Loanable amount based on contributions
Monthly amortization
Pro-rated interest and total deductions
Total repayment schedule
Using this calculator helps you plan your budget and avoid surprises when your loan is released.
đź“… Repayment Rules and Terms
Interest Rate: 8% per annum (based on diminishing balance)
If you’re planning to apply for an SSS Salary Loan, remember these key points:
Apply online through My.SSS (no need to visit a branch).
Ensure your DAEM account is approved before applying.
Employer certification is required for employed members.
Expect loan crediting in 3–7 working days after approval.
Use the SSS Salary Loan Calculator to estimate your loan amount and deductions.
Even if you’re on maternity leave, you can apply — as long as your employer certifies and your SSS contributions are updated.
âť“Frequently Asked Questions (FAQs)
1. How do I apply for an SSS Salary Loan without going to the branch?
You can apply 100% online via your My.SSS account. The whole process — from application to approval — happens digitally.
2. How long before the SSS Salary Loan is credited?
Usually 3 to 5 working days after approval, once your DAEM account is verified and approved.
3. Can voluntary or self-employed members apply?
Yes. As long as you have enough posted contributions and an approved DAEM account, you can apply online.
4. How do I check the status of my loan?
Log in to My.SSS → E-Services → Inquiry → Loans Info to view your loan status and release date.
5. Can I renew my salary loan?
You can renew once you’ve paid at least 50% of the principal and 12 months have passed since the first loan’s approval.
âś… Final Thoughts
The SSS Salary Loan is one of the easiest and most affordable ways for members to get financial help. By following the correct steps, keeping your DAEM account active, and ensuring your contributions are updated, you can receive your funds in less than a week.
Before applying, check your estimated amount using the 👉 SSS Salary Loan Calculator to make a smart, well-informed decision.
