SSS Salary loan

Check contribution and existing-loan conditions before borrowing.

Cost / amount:

• Initial / qualifying renewal: 8% yearly on diminishing balance; specified renewals after recent penalty condonation: 10%
• 1% service fee and advance pro-rated interest are deducted; repay in 24 monthly installments

Processing time:

• Track employer certification, approval and crediting separately in My.SSS.

Can start online:

• Start on the official portal

What to bring

• My.SSS account and payment account

  Use your existing SS number; enroll a disbursement account through DAEM when filing directly.

• Posted contributions and current loan record

  Check posted payments and arrears before applying; employed applicants need an employer with up-to-date remittances.

• Current membership-category contributions

  Self-employed, voluntary and land-based OFW applicants also need at least six posted contributions under their current category before application.

• Disbursement Account Enrollment Module (DAEM)

  DAEM is the account-enrollment section in My.SSS. Use an active account in your own name, submit the requested account proof / identity evidence and wait for approval before filing a direct-payment claim.

How to apply

1. 1
   Check the loan qualification

   One-month loan: 36 posted contributions; two-month: 72. Both require 6 in the last 12 months. Age must be legal and under 65; other loan and membership conditions apply.

2. 2
   Enroll the receiving account

   Keep contact details current and use an active approved DAEM account.

3. 3
   Apply and obtain employer certification

   Submit Salary Loan in My.SSS; if employed, follow the employer certification status. Read interest, service fee and deductions before accepting.

   Continue on the official service

4. 4
   Check net proceeds and repayment

   Verify the credited net amount and first due date; keep the repayment schedule and payment references.