When Do I Receive My SSS Loan Statement?

Understanding When and How You’ll Get Your SSS Salary Loan Statement (and What to Do If You Don’t See It Yet)

Have you ever wondered when your SSS Loan Statement will arrive after your loan gets approved?
You might be excited to check your balance, confirm your payments, or simply track how much you still owe — but you’re not sure when the statement actually becomes available.

You’re not alone. Many SSS members — especially first-time borrowers or new mothers applying during maternity leave — often ask:

“Kailan ko makikita ang loan statement ko?”
“Bakit wala pa sa My.SSS account ko?”

In this article, we’ll explain when you can expect your SSS Loan Statement, how to access it, what information it contains, and why it’s important for managing your SSS Salary Loan.

💡 Quick Refresher: What Is the SSS Salary Loan?

The SSS Salary Loan is one of the most common benefits of being an active member. It’s a short-term cash loan designed to help employees, self-employed, or voluntary members during financial needs like medical bills, school expenses, or emergencies.

The loan is payable in 12 or 24 months, with 8% annual interest on a diminishing principal balance.

Here’s what you need to know:

🧾 Interest rate: 8% per year
💼 Service charge: 1% deducted upon release
📅 Loan term: 12 months (1-year loan) or 24 months (2-year loan)
💰 Loan amount: Based on your Average Monthly Salary Credit (AMSC)

If you want to estimate how much you can borrow or what your monthly amortization will be, try the
👉 SSS Salary Loan Calculator.
It’s a quick and accurate way to plan your repayment.

🧾 What Is an SSS Loan Statement?

An SSS Loan Statement, also known as your Loan Statement of Account (SOA), is a document that shows the details of your loan balance and payment history.

It’s like your bank’s credit card statement — it tells you:

How much you originally borrowed
How much you’ve already paid
How much interest was charged
What’s left to pay

This document helps you monitor your loan deductions and make sure your employer is remitting payments correctly.

📅 When Will You Receive (or See) Your SSS Loan Statement?

Your SSS Loan Statement doesn’t appear immediately after your loan approval. There’s a timeline for when it becomes available, depending on your payment cycle and the SSS posting schedule.

Let’s break it down:

🕒 Step-by-Step Timeline

1️⃣ Loan Approval and Release

After your loan is approved, SSS issues a Loan Voucher (showing the release amount and deductions) and a Disclosure Statement (with the interest and terms).
However, your Loan Statement isn’t available yet at this stage.

2️⃣ Wait for the First Amortization Period

Your Loan Statement of Account typically becomes available after your first amortization is posted — usually 1 to 2 months after loan release.
That’s because SSS first needs to record your employer’s remittance or your first voluntary payment.

🗓 Example:

If your loan was released on March 12, 2025, your first amortization is due in May 2025.
You can expect your Loan Statement to appear around late May or June 2025, once SSS posts your first payment.

3️⃣ Regular Monthly Updates

After your first payment, the Loan Statement updates monthly, showing:

Payments received
Remaining balance
Updated interest computation
Any penalties (if applicable)

🧩 Why It’s Not Instant

Your statement depends on posted contributions and remittances.
Employers usually remit salary deductions every 10th day of the following month. Then SSS takes a few days to validate and post them.

So if your loan started in March, the first payment in April is reported in early May — and that’s when your Loan Statement starts appearing in your My.SSS account.

📱 How to Check Your SSS Loan Statement Online

You don’t have to wait for a printed copy. SSS has made it easy to view or download your Loan Statement anytime online.

Here’s how:

Go to www.sss.gov.ph and log in to your My.SSS account.
Go to E-Services → Inquiry → Loans.
Select your Salary Loan from the list.
Click on Statement of Account.
You’ll see your:
- Loan balance
- Monthly amortization schedule
- Payment posting details

You can also download or print the file for your records.

💰 What Appears in Your Loan Statement

Here’s what a typical SSS Loan Statement includes:

Section	Description
Loan Reference Number	Your unique SSS loan ID
Loan Date & Amount	When your loan was approved and released
Monthly Amortization	Fixed monthly payment due
Interest Rate	8% per annum
Payments Posted	Amounts received and posted by SSS
Remaining Balance	Updated total you still owe
Penalty (if any)	1% per month for delayed payments

🧮 Example: How Your First Statement Looks

Let’s say Ana, an SSS member, received her ₱20,000 salary loan on March 12, 2025.

Service charge: ₱200 (1%)
Pro-rated interest: ₱219.18 (based on 50 days from March 12 to April 30)
Net amount released: ₱19,580.82

Her first amortization will start in May 2025.
By late May or June, her Loan Statement will show:

Month	Amortization	Principal	Interest	Balance
May 2025	₱900	₱766	₱134	₱19,234
June 2025	₱900	₱772	₱128	₱18,462

This is how SSS computes payments on a diminishing balance basis — interest decreases as you pay more principal.

If you want to check your estimated monthly amortization, you can use the
👉 SSS Salary Loan Calculator to simulate your payments.

🧑‍💼 What If You Don’t See Your SSS Loan Statement Yet?

If it’s been more than 2 months since your loan was released and your Loan Statement still doesn’t appear:

✅ Do These First:

Check your My.SSS account under “Loans Inquiry.”
Confirm your loan status is marked as Active or With Amortization.
Ask your employer’s HR or accounting department if they have already remitted your first payment.

🚫 If Still Missing:

File an SSS inquiry or ticket through their online portal. Sometimes, delays occur due to:

Late employer remittance
Posting delays during high-volume months
Account name or number mismatches

Once corrected, your Loan Statement will appear automatically.

⚖️ Why Your SSS Loan Statement Is Important

It’s more than just a list of numbers. Your Loan Statement protects you by:

Ensuring correct posting — you can confirm if your employer is paying on time.
Tracking your balance — helpful when you plan to renew or fully pay your loan.
Avoiding penalties — you’ll know when you’re behind on payments.
Filing for benefits — SSS checks for unpaid loans before approving maternity, sickness, or retirement claims.

So make it a habit to check your statement every few months — especially if you change jobs or go on leave.

🩺 TL;DR — Quick Summary

Here’s what every SSS member should remember:

You’ll receive or see your SSS Loan Statement around 1–2 months after loan release, once the first amortization is posted.
You can view it anytime in your My.SSS account under Loans Inquiry → Statement of Account.
It shows your loan balance, payments, and interest.
If your statement isn’t appearing, check your employer’s remittance or file an inquiry with SSS.
Use the SSS Salary Loan Calculator to understand your payment schedule.

💡 Even if you’re on maternity leave, you can still apply for an SSS Salary Loan as long as your contributions are updated.

❓FAQs About SSS Loan Statement

1. When will I receive my first SSS Loan Statement?

Usually 1 to 2 months after your loan release, once your first amortization is posted.

2. Can I download my SSS Loan Statement?

Yes. Log in to your My.SSS account, go to Loans Inquiry, and click Statement of Account. You can view or print it.

3. What if my employer hasn’t remitted yet?

Ask your HR to remit immediately. Your statement only updates once SSS posts the payment.

4. Is the Loan Statement different from the Loan Voucher?

Yes. The Loan Voucher shows your loan release and deductions, while the Loan Statement tracks your ongoing payments and balance.

5. How can I check my balance if my statement isn’t available yet?

You can view your loan status in My.SSS → Loans Inquiry. The balance appears once the first payment posts.

🌟 Final Thoughts

Your SSS Loan Statement is your best tool for tracking and managing your SSS Salary Loan.
It might take a few weeks to appear, but once it does, it becomes your monthly guide for repayment.

Stay proactive — check your My.SSS account regularly, confirm your employer’s remittances, and use the
👉 SSS Salary Loan Calculator
to stay on top of your finances.

Being informed means staying in control — and with your SSS Loan Statement, you’ll always know exactly where you stand. 💙

When Do I Receive My SSS Loan Statement?