SSS Salary Loan 2026: Requirements, Amount, How to Apply Online
Quick answer
An SSS salary loan lets you borrow about one or two months of your salary credit, paid back in 24 monthly payments at 10% interest per year. You need at least 36 posted monthly contributions for a 1-month loan and 72 for a 2-month loan. You apply online on My.SSS, and the money goes to your enrolled bank or e-wallet account.
Requirements
- SSS member under 65 years old who has not received a final benefit such as total disability or retirement.
- For a 1-month loan: at least 36 posted monthly contributions, 6 of them in the last 12 months.
- For a 2-month loan: at least 72 posted monthly contributions, 6 of them in the last 12 months.
- Employed: your employer must be updated in paying contributions and loan remittances.
- My.SSS account and an enrolled disbursement account (DAEM).
- No unpaid past-due SSS loan.
Fees
| Item | Amount | Notes |
|---|---|---|
| Loan amount (1-month) | Average of your last 12 monthly salary credits | Maximum |
| Loan amount (2-month) | 2 × that average | Maximum |
| Interest | 10% per year, on the diminishing balance | |
| Service fee | 1% of the loan, deducted upfront | |
| Late payment penalty | 1% per month of the unpaid amount | |
| Term | 24 monthly payments |
Steps
Online
1. Log in to My.SSS at member.sss.gov.ph
Never share your password or one-time code.
2. Enroll a disbursement account in DAEM if you have none
3. Go to Loans and choose "Apply for Salary Loan"
4. Check the loanable amount shown and accept the terms
5. Employed members
your employer certifies the application online.
6. Wait for approval
The money is sent to your disbursement account.
7. Pay monthly
your employer deducts it from your salary, or you pay yourself with a PRN if self-employed, voluntary or OFW.
Walk-in
1. Most salary loans are filed online
If you cannot file online, ask an SSS branch for help. See /offices/sss/.
Processing time
- After employer certification: about a few working days to credit.
- First payment: usually due in the second month after the loan is granted.
Where to apply
- Apply on the official website: https://member.sss.gov.ph/members/
- Find SSS offices
Common problems and fixes
"Not qualified" message
Check your posted contributions in My.SSS. Recent payments may not be posted yet.
Employer has not certified
Remind HR. The loan cannot move forward without it.
Employer is not updated in remittances
The loan may be denied. Ask HR or SSS.
No disbursement account
Enroll one first in DAEM.
Old loan still unpaid
Pay it or renew when allowed.
Deducted from salary but not posted
Ask HR for proof of remittance and report to SSS.
Frequently asked questions
How much can I borrow from SSS?
About the average of your last 12 monthly salary credits for a 1-month loan, or twice that for a 2-month loan.
What is the interest on an SSS salary loan?
10% per year on the diminishing balance, plus a 1% service fee.
How many months do I pay the SSS salary loan?
24 months.
Can I renew my SSS salary loan?
Yes, after you pay a set part of the loan and term. The old balance is deducted from the new loan.
Can voluntary members and OFWs get a salary loan?
Yes, if they meet the contribution rules.
What happens if I do not pay?
A monthly penalty is added, and unpaid loans may be deducted from your future SSS benefits.
Was this page helpful?