Imagine you submitted an application for a Social Security System (SSS) Salary Loan, but then: maybe you found out your bank account isn’t enrolled, or you realized you applied for the wrong amount—or you simply no longer need the funds. Your first question: “Pwede ba akong mag-cancel ng SSS salary loan application?”
In this guide we’ll walk you through:
What happens if you want to cancel your application,
The official rules on cancellation,
What you can do if cancellation isn’t allowed,
Practical tips to avoid mistakes and re-apply if needed.
🏦 What Is an SSS Salary Loan?
First, a quick refresher: The SSS Salary Loan is a short-term cash benefit for active SSS members—employed, self-employed or voluntary—to help cover urgent expenses. Its key features:
Based on your Average Monthly Salary Credit (AMSC),
Interest rate: 8% per annum (on diminishing balance) unless special conditions apply,
Automatic salary deduction for employed members, or self-payment otherwise.
So whether you’re preparing for maternity leave, school fees, or home repairs, this loan is a support tool—but you need to know your rights, especially when you want to cancel.
🔍 Can You Cancel an SSS Salary Loan Application?
âś… Short answer:
You can only cancel a salary loan application if it is still pending, i.e., before your employer certifies it (if you are employed) and before SSS approves/disburses it.
❌ Long answer:
According to the official SSS loan guidelines:
“Cancellation of the Salary Loan shall not be allowed. If the member intends to terminate the loan earlier than the loan term, the outstanding balance … may be paid in full as of date of full settlement.” Social Security System
In other words:
Once your loan has been approved and/or disbursed, you cannot cancel the loan; you must either repay the full balance early or continue as per schedule.
If your application is still “pending” (employer certificate not yet done or SSS approval not yet released), you may be able to ask for cancellation—but there is no formal online “Cancel” button.
🧠When Can You Still Stop/Withdraw an Application?
If you catch the issue early, you may be able to withdraw your application:
Conditions:
The loan application status in your My.SSS account is “For Employer Certification” (if employed) or “Pending”.
Your employer has not yet certified the loan.
SSS has not yet approved/disbursed the loan amount.
Steps:
Log in to My.SSS → check Loan Status / Inquiry.
If status is still “For Employer Certification”, alert your employer to not certify the application.
Call or email SSS (hotline 1455, or [email address] listed on official site) to ask if the application can be withdrawn.
You may visit an SSS branch or use SSS’s CRMS portal for loan-application concerns.
If necessary, simply wait until the application expires (usually when employer fails to certify within the allowed time) and then re-apply later correctly.
Deductions like service fee (1%) and pro-rated interest.
Double-check that:
Your bank account or UMID-ATM is properly enrolled,
Your contributions are updated,
You are truly eligible (36/72 contributions with 6 in last 12 months),
Your employer is ready to certify (if employed).
Doing this reduces mistakes and the chance you’ll need to cancel.
đź“ť Step-by-Step: If You Want to Withdraw Your Application
Step 1: Check Loan Status
Log in to My.SSS → E-Services → Loan Application Status → see if it’s “For Employer Certification” or “Approved”.
Step 2: Stop Employer Certification
If still “For Employer Certification”, inform your HR/Payroll: “Please do not certify my loan application.” The employer must avoid certifying so the application doesn’t proceed.
Step 3: Contact SSS
Call SSS hotline 1455 OR email SSS (contact details via official site) and request “withdrawal of pending loan application” with details: loan reference number, date, reason.
Step 4: Wait for Confirmation
SSS may take time to process. Confirm via My.SSS that the application status is cancelled or expired.
Step 5: Re-Apply if Needed
Once cancellation is confirmed, you are free to submit a new application with correct details.
⚠️ Things to Remember & Common Mistakes
Don’t assume submission = cancellation possible. Once approved/disbursed, cancellation is not allowed.
Not certifying your employer doesn’t guarantee cancellation—it may lead to expiration but keep an eye on the status.
Incorrect bank account or inactive disbursement module may delay or block your loan—fix these before applying.
If you leave your employer but still have a pending loan, you’ll need to pay voluntarily or risk default.
If you really don’t need the loan but it’s already disbursed, paying early is your best route.
🧾 Example Scenario: Why Early Withdrawal is Better
Maria, an employed SSS member, applied for a ₱20,000 salary loan but used a bank account that isn’t enrolled under DAEM. She discovered the error within hours and decided to cancel.
She checked My.SSS: status “For Employer Certification”.
She informed HR to hold off on certification.
She contacted SSS and requested withdrawal.
Status later changed to “Application Withdrawn” and she reapplied correctly the next day.
If instead she had waited until certification and approval, she would have needed to pay the loan or wait for the full term—cancellation would no longer be allowed per policy. sssmaternitybenefitscalculator.com
💡 TL;DR — Quick Summary
If you’re thinking: “Do I need to cancel my SSS salary loan application?”
âś… You can only cancel before employer certification and SSS approval/disbursement.
❌ You cannot cancel once your loan is approved or funds credited.
✅ Once approved, to stop or change anything you’d need to repay early—not cancel the application.
❓ FAQs – Commonly Searched Questions
1. Can I edit my SSS salary loan application after submitting? No, editing isn’t allowed after submission. If changes are needed and your employer hasn’t certified yet, you may withdraw and submit a fresh application. sssmaternitybenefitscalculator.com
2. What happens if I don’t inform my employer and the loan gets certified? Once certified and disbursed, you are bound by the loan. Cancellation is no longer possible and you must pay according to schedule.
3. I used the wrong bank account. Can I cancel the application? Only if the application is still pending. Otherwise, you must proceed, or if published, ask SSS for guidance.
4. Does cancellation affect my next loan eligibility? If you successfully withdraw the application before certification, you can re-apply. If the loan got approved and you default, then yes it may affect renewal.
5. Who do I contact to cancel my pending loan? Call SSS at 1455 (within Metro Manila) or use contact details from their official website. Provide your SSS number, application reference number, reason for withdrawal. Social Security System
âś… Final Thoughts
Borrowing via the SSS Salary Loan can be a big help—especially during times like maternity leave, emergency expenses, or home repairs. But as with any loan, accuracy and timing matter.
If you submit an application and later realize you made a mistake or no longer need the funds, act immediately while your application is still pending. Use the SSS Salary Loan Calculator first to avoid missteps.
Once your employer certifies and SSS approves the loan, cancellation is no longer an option—your next best move is to pay it off early or proceed with amortizations.
By knowing your rights and timing your action, you stay in control—and avoid surprises down the road.
