Many Filipino citizens who have been an SSS member have tried to file for a Salary Loan because of financial problems. Some SSS members shared how difficult and bothersome it is to apply for this loan. Members usually file a leave of absence to spend the whole day to submit their requirements in the SSS branch. After the loan application, their checks will arrive after two weeks.
Did you know that you can get your cash only in 3 days? With today’s modern technology, people can use their smartphones in almost anything including a loan application. Then you can use your UMID-ATM to withdraw your cash in just 3 days. The salary loan will be convenient and easier for active SSS members whether you are self-employed, employed, voluntary member or even an OFW member.
Here is how you can apply for an Online SSS Salary Loan.
- Go to your My.SSS portal account and Login.
All SSS members should register in My.SSS portal. You can access this account in SSS mobile app, SSS branch e-center, SSS website or self- service express terminals. This access is used to update member information and submit online loans.
- Apply For Your Online Salary Loan.
Go to “Apply for salary loan” located in the dropdown menu of Electronic services. Fill out all the information needed. Enter your desired loan amount, your bank account details, and your UMID-ATM account details. Take note that UnionBank of the Philippines is the only bank that is accredited for electronic loan disbursement. Do not forget to inform HR about your loan application because your employer has 3 working days to certify your loan.
- Wait for the Notification Of Your Loan Approval.
SSS will notify you in 2 days after your employer certified your SSS loan. You will receive the notification via email or SMS. Make sure your contact information is correct in the My.SSS portal.
- Use Payment Reference Number To Pay Your Loan Proceeds.
Pay the monthly loan amortization after you get your salary loan. Voluntary members use their PRN to pay the loan in payment channels. Employers of an employed SSS member will deduct their employee’s loan from the salary and remit it to SSS.