When your SSS Salary Loan finally gets approved, you’ll receive a document called the SSS Loan Voucher — either through your My.SSS account, your email, or as a downloadable PDF.
But many members still ask:
“What is the purpose of the SSS Loan Voucher, and why is it important?”
This article will break down the real purpose of the SSS Loan Voucher, what details it includes, and how it connects to your loan approval, release, and repayment process.
We’ll also walk you through the eligibility, computation rules, and key points to understand before you apply — with the help of the official SSS Salary Loan Calculator.
🏦 What Is an SSS Loan Voucher?
The SSS Loan Voucher is an official document issued by the Social Security System (SSS) once your salary loan application has been approved and funds have been released.
Think of it like your loan receipt and summary statement — it confirms that:
Your loan has been approved,
The funds were credited to your bank or UMID ATM, and
All necessary deductions and charges have been computed and applied.
It’s your proof of disbursement and record of accountability — showing exactly how much you borrowed, what was deducted, and how much you’ll need to repay.
đź“„ The voucher also protects both you and SSS by documenting the transaction for transparency.
🎯 The Main Purpose of the SSS Loan Voucher
The main purpose of the SSS Loan Voucher is to officially record the release of your approved SSS Salary Loan.
It serves these key functions:
âś… Proof of Loan Approval and Release It confirms that your loan has been processed and credited to your account or UMID-ATM.
đź’° Detailed Breakdown of Your Loan Amount It shows the approved principal, interest, service charge, pro-rated deductions, and your net take-home amount.
🧾 Reference for Repayment Schedule The voucher is a useful document for tracking when your monthly amortizations will begin.
🧍‍♀️ Legal and Financial Record In case of any dispute or verification, your voucher serves as official evidence of your SSS loan transaction.
đź’ˇ Transparency Tool for Members SSS uses this voucher to help you understand where every peso goes before your loan hits your bank account.
In short — the SSS Loan Voucher is your financial mirror. It shows you exactly how your loan was computed and credited.
🧾 What Information Does the SSS Loan Voucher Contain?
Here’s what you’ll typically see when you download or view your loan voucher:
Section
What It Means
Member Name and SS Number
Confirms that the loan belongs to you.
Loan Type
“Salary Loan” or “Renewal of Salary Loan.”
Approval Date
The date SSS approved your application.
Principal Amount
Total amount you qualified for.
Service Charge (1%)
Fee deducted upfront by SSS.
Pro-rated Interest
Deducted for the days before the first amortization.
Net Proceeds
Final amount credited to your account.
Disbursement Channel
UMID-ATM or your registered bank via PESONet.
Release Date
Date the funds were credited.
đź’ˇ Always review your voucher before using the funds to ensure that the bank details, amount, and dates are correct.
Wait 24–48 hours after approval; refresh browser.
Wrong bank account or name
Contact SSS branch or submit an online ticket for correction.
Missing or unclear data
Re-download the voucher or verify through SSS hotline.
Loan approved but not credited
Check your registered bank account or UMID-ATM for delays.
👶 Can You Receive an SSS Loan Voucher During Maternity Leave?
Yes. As long as you’re eligible and contributions are up to date, you can apply and receive your SSS Loan Voucher even while on maternity leave.
If your salary is on hold, confirm with your HR that they continue remitting your SSS contributions, as this affects your loan eligibility and approval timing.
🧠TL;DR – Quick Summary
Topic
Key Points
Purpose of SSS Loan Voucher
Confirms approval, release, and deduction details of your SSS loan.
When You Receive It
After your loan is approved and released to your bank.
What’s Inside
Loan amount, deductions, net proceeds, release date.
Why It Matters
Serves as proof, record, and reference for repayment.
Tip Before Applying
Use the SSS Salary Loan Calculator to estimate your loan and interest.
âť“ FAQs About the SSS Loan Voucher
1. What is the main purpose of the SSS Loan Voucher?
It serves as official proof that your SSS Salary Loan was approved and credited, including all deductions and computations.
2. When will I get my SSS Loan Voucher?
You’ll receive it within 1 to 3 days after approval, once your loan is credited to your bank or UMID-ATM.
3. What if the voucher has errors?
Immediately report it to SSS Customer Service or visit your nearest SSS branch for correction.
4. Can I apply for another loan without a voucher?
No. The voucher confirms your current loan release. You can only reapply after 50% of your current loan has been paid.
5. Is the loan voucher proof of payment?
No. It’s proof of loan release, not repayment. Your amortization payments will appear under your loan payment history in My.SSS.
6. Can I still view my old vouchers?
Yes. You can re-download past vouchers from your My.SSS account anytime.
đź’ˇ Final Thoughts
The SSS Loan Voucher is more than just a document — it’s your official record that ensures full transparency in your SSS Salary Loan transaction.
It confirms that your loan was approved, processed, and credited properly, with all deductions clearly shown.
Before applying for your next loan, take time to:
Review your voucher details carefully,
Understand your deductions and repayment plan, and
Whether you’re applying for the first time or renewing your loan, knowing how to read and interpret your SSS Loan Voucher will help you stay informed, avoid confusion, and manage your finances confidently.
