What Are the Requirements for SSS Salary Loan? (Complete 2025 Guide)
If you’re an SSS member looking for quick financial help — maybe for tuition, home expenses, or even maternity-related needs — the SSS Salary Loan is one of the most affordable and reliable options available.
But before applying, you need to know exactly what the requirements are — so your application won’t get delayed or rejected.
In this easy-to-understand guide, we’ll explain step-by-step:
- Who can apply for an SSS Salary Loan
- What documents and conditions are required
- How to apply online
- How interest, fees, and repayment work
- Plus, how to calculate your loan using the official calculator
Let’s get started. 👇
🧾 What Is an SSS Salary Loan?
The SSS Salary Loan is a short-term cash loan offered by the Social Security System (SSS) to its active members.
It’s designed to help members meet short-term financial needs. The amount you can borrow depends on your posted contributions and average salary credit (AMSC).
There are two main options:
- 1-year loan: Up to one month’s AMSC
- 2-year loan: Up to two months’ AMSC
The good news? The interest rate is only 8% per year (on a diminishing balance), making it more affordable than credit cards or personal loans.
✅ Basic Requirements for SSS Salary Loan
Here’s a simple checklist to help you confirm your eligibility before applying.
👤 1. You Must Be an Active SSS Member
You need to have posted at least 36 contributions (for 1-year loan) or 72 contributions (for 2-year loan).
Breakdown:
- For 1-year loan → 36 total contributions (6 within the last 12 months)
- For 2-year loan → 72 total contributions (6 within the last 12 months)
🟡 Tip: Always make sure your SSS contributions are updated — especially the last 6 months.
💼 2. You Must Be Currently Employed, Self-Employed, or Voluntary
You must have active employment or voluntary contribution status.
Unemployed members or those with inactive contributions are not qualified.
If you are:
- Employed → Your employer files the loan electronically and deducts amortization monthly.
- Self-employed / Voluntary → You can file directly through your My.SSS online account.
📅 3. You Must Have No Existing Overdue SSS Loan
If you still have an unpaid or defaulted loan, you cannot apply again until it’s fully settled.
This includes other SSS loan programs (e.g., calamity, educational, or previous salary loans).
🧾 4. Updated Employer or Contribution Records
If you’re employed, make sure:
- Your employer is active and compliant with SSS remittance rules.
- The company’s name matches your record in My.SSS.
If you’re self-employed, your latest contribution must be posted before applying.
🧍♀️ 5. Valid Identification
SSS now requires one (1) primary ID or two (2) secondary IDs with clear signatures.
Accepted Primary IDs include:
- SSS or UMID card
- Passport
- Driver’s License
- PRC ID
📌 Tip: If your UMID card isn’t ready yet, bring any valid government-issued ID for verification.
💻 How to Apply for SSS Salary Loan Online (Step-by-Step)
Applying online is now the fastest and easiest way.
Here’s how you can do it:
- Go to My.SSS Portal
- Log in to your account.
- Click “E-Services” → “Apply for Salary Loan.”
- Review your eligible loan amount.
- Choose your disbursement account (via UMID ATM, PESONet bank, or UnionBank).
- Agree to the terms and submit your application.
- Wait for employer certification (if employed).
Once approved, the loan will be released to your bank account or UMID card.
💸 How Much Can You Borrow?
Your loan amount depends on your Average Monthly Salary Credit (AMSC).
| Loan Type | Contributions Required | Loanable Amount | Term |
|---|---|---|---|
| 1-Year Loan | 36 posted (6 recent) | 1× AMSC (max ₱25,000) | 12 months |
| 2-Year Loan | 72 posted (6 recent) | 2× AMSC (max ₱50,000) | 24 months |
Interest: 8% per year (diminishing balance)
Service Fee: 1% of the approved amount
Pro-Rated Interest: Charged upfront for 1.5–2 months before the first payment starts
🧮 Try the SSS Salary Loan Calculator
To estimate your monthly amortization and total repayment, you can use our free tool:
Just enter:
- Your desired loan amount
- Term (1 year or 2 years)
- Expected approval month
It will instantly show you:
- Monthly payments
- Total interest
- Pro-rated deduction before release
This helps you plan your budget before applying.
📆 How Repayment Works
- Amortization Term:
- 12 months for 1-year loan
- 24 months for 2-year loan
- Payment Deduction:
- Automatically deducted from your salary by your employer
- Or manually paid through SSS-accredited payment centers (for voluntary/self-employed)
- Late Penalty:
- 1% per month of unpaid amortization
- Early Repayment:
- You can pay in full anytime without penalty
⚠️ Common Reasons Why SSS Salary Loan Gets Denied
- Insufficient contributions (less than 36 or 72 posted)
- Inactive employment status
- Unpaid previous SSS loan
- Unverified bank details
- Employer not yet certifying the loan online
🟢 Solution: Double-check your My.SSS profile and employer certification status before reapplying.
✨ TL;DR: Quick Summary
If you’re planning to apply for an SSS Salary Loan, remember:
- ✔️ Must have 36 or 72 contributions (depending on loan type)
- ✔️ At least 6 recent contributions in the last 12 months
- ✔️ No existing unpaid loans
- ✔️ Valid ID and active My.SSS account
- ✔️ Employer must be active and certified
Once approved, your loan will be released within a few days after certification.
❓ FAQs About SSS Salary Loan Requirements
1. Can I apply for a salary loan while on maternity leave?
Yes — as long as you are still actively employed and your employer certifies your loan online.
2. Can I apply if I’m a voluntary member?
Yes, voluntary and self-employed members can apply through My.SSS as long as their latest contribution is posted.
3. How soon can I reapply for another loan?
You can reapply once half of your existing loan is paid and all previous loans are current (no overdue balance).
4. What happens if I lose my job after getting the loan?
SSS can deduct unpaid balances from future benefits such as sickness, maternity, or retirement.
5. How long does approval take?
Usually 3–7 working days for employed members (depends on employer certification) and 1–3 days for self-employed/voluntary members.
🏁 Final Thoughts
Applying for an SSS Salary Loan is one of the smartest ways to get financial help — with low interest, easy repayment, and flexible terms.
Just make sure your records are updated, your employer is compliant, and your loan requirements are complete.
Before you apply, use the SSS Salary Loan Calculator to see how much you can get — and plan your budget wisely.
