List of SSS Loan Requirements

Here is a full list of the requirements in applying for a salary loan to the Social Security System (SSS) .

Members of the Social Security System or more commonly known as SSS, an insurance program that was created through the Republic Act No. 8282 in 1997, are entitled to a lot of privileges.

These privileges include loans, claims, and other benefits. Most of the members who can benefit these are employees of private companies and establishments.

Among the loans that the Social Security System offers to its members is the SSS Salary Loan. It is open to members who have paid at least 36 monthly contributions and have compiled the requirements.

Related: 7 Types of SSS Benefits (How to Apply and Claim + Downloadable Forms)

According to the Social Security System, the SSS loan requirements differs depending on who will file the application for a loan – it could be the member-borrower, an authorized representative, or the employer/company the member is working at.

Related: How to Apply for SSS Business Loan (Eligibility & Requirements)

Here is a full list of the SSS loan requirements depending on who will file the application:

If the member-borrower is the one who will file the application:

Duly Filled-up Member Loan Application Form
SSS Digitized ID or E-6 with any two valid IDs (One of the IDs should come with a recent photo)

If an authorized representative will file the application for the member-borrower:

Member-borrower’s duly accomplished Member Loan Application
Authorized Representative’s SS card or any two valid IDs both with signature and at least one with photo
Letter of Authority (LOA) signed by both the member-borrower and member-borrower’s authorized representative
Member-borrower’s SS card or any two valid IDs both with signature and at least one with photo

Related: Step-By-Step Procedures for SSS Online Payment for OFW

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If an employer or an authorized representative of a company will file the loan application for the member-borrower:

Member-borrower’s duly accomplished Member Loan Application
Authorized Company Representative (ACR) card issued by SSS
Letter of Authority (LOA) from the employer and any two (2) valid IDs both with signature and at least one with photo
Member-borrower’s SS card or in its absence, Application for SS card (SS Form E-6) acknowledgment stub and any two valid Ids both with signature and at least one with a photo.

Are you interested to apply? Visit How To Apply For SSS Salary Loan

Acknowledgement: This article is sponsored by Usapang Hanapbuhay.

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