SSS Salary Loan 2026: Requirements, Amount, How to Apply
Quick answer
An SSS salary loan lends you one or two months of your average salary credit, up to PHP 20,000 or PHP 40,000. The average uses your 12 latest posted monthly salary credits and is rounded up to the next higher salary credit. You repay it in 24 monthly payments at 8% interest a year on the diminishing balance, and a 1% service fee is deducted upfront. You need 36 posted contributions for a 1-month loan and 72 for a 2-month loan. Apply on My.SSS or the MySSS app; the money goes to your enrolled bank or e-wallet account.
What are the requirements?
- Of legal age and under 65 when you apply.
- For a 1-month loan: at least 36 posted monthly contributions, 6 of them in the 12 months before you apply.
- For a 2-month loan: at least 72 posted monthly contributions, 6 of them in the last 12 months.
- Self-employed, voluntary and land-based OFW members: at least 6 posted contributions under your current membership type.
- Employed members: your employer must be up to date on contributions and loan remittances.
- No past-due SSS loan, and no final benefit such as retirement or total disability already granted.
- Updated contact details in SSS records.
- An active disbursement account enrolled in the Disbursement Account Enrollment Module (DAEM) of My.SSS.
How much does it cost?
| Item | Amount | Notes |
|---|---|---|
| 1-month loan | Average of your 12 latest posted monthly salary credits, rounded up to the next higher salary credit, or the amount you apply for if lower | At most PHP 20,000, because the regular salary credit stops at PHP 20,000 |
| 2-month loan | Twice that rounded amount, or the amount you apply for if lower | At most PHP 40,000 |
| Interest, first loan or normal renewal | 8% a year | On the diminishing principal balance |
| Interest, renewal after penalty condonation in the last 5 years | 10% a year | On the diminishing principal balance |
| Service fee | 1% of the loan amount | Deducted from the proceeds |
| Late payment penalty | 1% a month | Charged for every day of delay |
| Loan still unpaid after 24 months | 10% a year plus 1% a month penalty | Until fully paid |
Pro-rated interest up to the month before your first payment is also deducted from the proceeds. Estimate your loan and monthly payment with our SSS salary loan calculator.
How do you apply, step by step?
Online
1. Log in to My.SSS at member.sss.gov.ph, or open the MySSS app
Never share your password or one-time PIN.
2. If you have no disbursement account yet, enroll one in DAEM first
3. Click the "Loans" tab and choose "Apply for Salary Loan"
4. Employed members pick their certifying employer
Everyone picks the loanable amount and the disbursement account.
5. Read the Disclosure Statement, then accept the Certification, Agreement and Promissory Note
6. Check the net amount you will receive and click "Confirm"
Save the transaction number.
7. Employed members wait for the employer to certify the loan in its own My.SSS account
8. Receive the money in your disbursement account
Step-by-step screens are in our My.SSS salary loan help page.
Walk-in
Salary loans are filed online only. If you cannot use My.SSS, an SSS branch can help you set up your account and disbursement account. Find an SSS branch near you.
How long does it take?
- About 5 working days after submission, or after your employer certifies it.
- First payment: due in the second month after the month the loan is approved.
- Payment deadline: the last day of the month after the month the payment covers.
How you repay
- Employed: your employer deducts the payment from your salary and remits it to SSS.
- Self-employed, voluntary and OFW members: pay each month with a Payment Reference Number (PRN) at an SSS branch with a teller or an accredited payment partner. See how to generate a PRN.
- Leaving your job: your employer deducts the remaining balance from your final pay.
Where do you apply?
- Apply on the official website: https://member.sss.gov.ph/members/
- Find SSS offices
What are the common problems and how do you fix them?
"Not qualified" message
Check your posted contributions in My.SSS. A recent payment may not be posted yet.
Employer has not certified
Remind HR. The loan is released only after certification.
Employer is behind on remittances
The loan cannot be granted until the employer is updated.
No disbursement account
Enroll a bank or e-wallet account in DAEM first.
Old loan still unpaid
You can renew after 6 months if the loan is not past due and your last 3 payments were on time.
Deducted from salary but not posted
Ask HR for proof of remittance, then report it to SSS.
Frequently asked questions
How much can I borrow from SSS in 2026?
A 1-month loan equals the average of your 12 latest posted monthly salary credits, rounded up to the next higher salary credit, up to PHP 20,000. Months with no posted contribution are not counted. A 2-month loan is twice that, up to PHP 40,000. If you apply for less, you get the amount you applied for. Example: an average of PHP 19,750 rounds up to PHP 20,000, so a 1-month loan is PHP 20,000 and a 2-month loan is PHP 40,000.
What is the interest on an SSS salary loan?
It is 8% a year on the diminishing balance. The rate is 10% only for renewals by members who used a penalty condonation program in the last 5 years. A 1% service fee is also deducted.
How many months do I pay the SSS salary loan?
You pay in 24 equal monthly payments.
Can I renew my SSS salary loan?
Yes, 6 months after the loan was approved, if it is not past due and your last 3 payments were on time. The old balance is deducted from the new loan.
Can voluntary members and OFWs get a salary loan?
Yes. Land-based OFWs, self-employed and voluntary members qualify with the same contribution counts. They also need 6 posted contributions under their current membership type.
What happens if I do not pay?
A penalty of 1% a month, computed for every day of delay, is added. Any unpaid balance is deducted from your future SSS benefits, such as retirement.
Can I cancel an SSS salary loan?
No. You can only pay the full balance early.
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