SSS Salary Loan Requirements: Are You Qualified to Apply in 2025?
Are you thinking about applying for an SSS Salary Loan but not sure if you meet the requirements?
You’re in the right place. In this guide, we’ll break down everything you need to know about SSS Salary Loan eligibility, documents, and step-by-step process — in simple language and with practical examples.
Whether you’re a first-time borrower, a mom on maternity leave, or a regular employee looking for extra funds, this article will help you check if you qualify before you even apply.
💡 What Is the SSS Salary Loan?
The SSS Salary Loan is a short-term cash loan provided by the Social Security System (SSS) for employed, self-employed, and voluntary members.
It’s meant to help cover your immediate financial needs — like emergency expenses, school fees, or even maternity recovery costs — without needing collateral or a co-maker.
You can apply for it online via My.SSS, and the amount you can borrow depends on your Average Monthly Salary Credit (AMSC) and number of contributions.
🎯 Why It’s Important to Know the Requirements
Many applications get delayed or rejected simply because members miss one small eligibility detail.
By understanding the requirements and rules, you’ll:
Avoid unnecessary reapplications,
Get your loan approved faster,
Know exactly how much you can borrow.
📋 Basic SSS Salary Loan Requirements (2025)
Here’s what you need to prepare before applying:
✅ General Eligibility
To qualify for an SSS Salary Loan, you must meet all of these:
Requirement
Description
SSS Membership
Must be an active SSS member (employed, self-employed, or voluntary).
Posted Contributions
At least 36 contributions (for 1-year loan) or 72 contributions (for 2-year loan).
Recent Payments
Must have 6 posted contributions within the last 12 months before applying.
Employment Status
Must be currently employed or self-employed with ongoing contributions.
No Overdue Loans
Should have no unpaid or defaulted SSS loans.
Employer Status
For employees, the employer must be active and regularly remitting contributions.
💬 Tip: Even if you’re on maternity leave, you can still qualify as long as your employer remains active and your contributions are updated.
💰 How Much You Can Borrow Based on Contributions
Your loanable amount depends on your Average Monthly Salary Credit (AMSC) — the average of your latest 12 monthly contributions.
Type of Loan
Contributions Needed
Maximum Loan Amount
Example
1-Year Loan
At least 36 posted (6 recent)
1 × AMSC or up to ₱25,000
If your AMSC is ₱18,000 → max ₱18,000
2-Year Loan
At least 72 posted (6 recent)
2 × AMSC or up to ₱50,000
If your AMSC is ₱25,000 → max ₱50,000
Even if your salary is high, SSS has loan caps — ₱25,000 for a 1-year loan and ₱50,000 for a 2-year loan.
🧾 Documentary Requirements
Prepare the following documents before applying:
For Employed Members:
SSS ID or UMID Card (or two valid IDs if no UMID)
My.SSS online account
Employer certification (automatically verified online for My.SSS applications)
For Self-Employed or Voluntary Members:
SSS ID / UMID
Latest proof of contribution payment
Active My.SSS account
For OFWs:
Valid ID
Authorized representative with Authorization Letter and your ID photocopy
🔑 Note: Since 2024, SSS has shifted most loan applications to online-only processing. Walk-in applications are rare unless you need verification or document correction.
📆 Contribution Requirements in Detail
🟢 For 1-Year Salary Loan
At least 36 posted monthly contributions
6 contributions must be within the last 12 months before the application month.
🟢 For 2-Year Salary Loan
At least 72 posted monthly contributions
6 contributions within the last 12 months as well.
Example:
If you’re applying in October 2025, your 6 recent contributions must be posted from November 2024 to October 2025.
💵 Service Fees, Deductions, and Pro-Rated Interest
When your SSS Salary Loan is approved, you’ll notice your net amount is slightly lower than what you applied for. That’s because of a few deductions:
Deduction
Description
Service Charge
1% of the approved loan (deducted upfront)
Pro-Rated Interest
Covers interest from approval date to end of following month
Late Payment Penalty
1% per month if amortization not paid on time
🧮 Example: ₱20,000 Loan Approved on March 12, 2025
Annual Interest = 8% of ₱20,000 = ₱1,600
Daily Interest = ₱1,600 ÷ 365 = ₱4.38
Days Covered = March 12–31 (20 days) + April (30 days) = 50 days
Pro-Rated Interest = ₱4.38 × 50 = ₱219.18
Service Fee = 1% of ₱20,000 = ₱200
💰 Net Loan Release: ₱20,000 − ₱419.18 = ₱19,580.82
₱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
🧮 Try It Yourself: SSS Salary Loan Calculator
If you want to check how much you can borrow or how much will be deducted, you can use this free and official-friendly tool:
Estimate total repayment based on your AMSC and term
This helps you decide if you should go for a 1-year or 2-year loan.
📅 Repayment Rules and Term Length
Detail
Description
Loan Term
24 months for 2-year loan, 12 months for 1-year loan
Interest Rate
8% per annum on diminishing balance
Payment Method
Automatically deducted by employer or paid via SSS partner banks/remittance centers
Late Payment Penalty
1% per month on overdue amortizations
Early Repayment
Allowed anytime, no penalty
💬 Example: If you borrowed ₱20,000 for 24 months, your monthly payment will be around ₱900. Every month, your interest portion decreases, and your principal portion increases.
🧍♀️ Can You Apply While on Maternity Leave?
Yes! As long as:
You are still employed,
Your employer is active in remitting contributions, and
You have no existing overdue loans,
You can still apply even while you’re on maternity leave.
This is especially helpful for new mothers who need additional funds while waiting for their SSS Maternity Benefit to be released.
🧾 Common Reasons for Disapproval
Many applications get delayed or denied because of these:
❌ Employer not active or not remitting contributions
❌ Incomplete 6 contributions in the last 12 months
❌ Existing overdue or defaulted loan
❌ Incorrect or outdated personal information on SSS records
❌ No My.SSS account (for online applications)
🟩 Solution: Before applying, always check your contribution record and loan eligibility inside your My.SSS portal.
💬 Tips to Improve Loan Approval
✅ Update your SSS records (especially your contact number and employment info).
✅ Make sure your employer is active and remitting monthly.
✅ Apply through My.SSS for faster processing.
✅ Use the SSS Salary Loan Calculator to double-check your expected deductions.
🧾 How to Apply for an SSS Salary Loan (Step-by-Step)
Step 1️⃣: Log in to My.SSS
Go to the official SSS website and log in to your account.
Step 2️⃣: Choose “Apply for Salary Loan”
Find it under the e-Services tab.
Step 3️⃣: Confirm Your Employer or Employment Type
For employees, select your employer. For voluntary/self-employed, it’s auto-tagged to your account.
Step 4️⃣: Choose Your Loan Type and Amount
You’ll see your eligible loan amount based on your AMSC.
Step 5️⃣: Review and Submit
Check details carefully, then submit. You’ll receive a confirmation notification or email from SSS.
Step 6️⃣: Wait for Release
Loan proceeds are usually released via your UMID ATM card or disbursement account enrollment.
