WebSep 21, 2024 · For example, if you are receiving Php 15,000.00 monthly, you can borrow up to Php 15,000.00 from the SSS. At least 72 monthly contributions = two-month salary. For example, if you are receiving Php 15,000.00 every month, your maximum loanable amount under this loan offer is twice your monthly salary or Php 30,000.00. http://sssanswers.com/sss-salary-loan-requirements/
How to Pay Your SSS Salary Loan Online - Tech Pilipinas
WebOct 16, 2024 · Aside from a salary loan, the SSS also provides its members the benefit of getting a home loan. If you’re looking to purchase a property and considering taking a loan, you can read this article to compare the differences between a Commercial Bank, SSS, and Pag-IBIG housing loans. WebJan 6, 2024 · The usual term for an SSS Salary Loan is two (2) years or twenty four (24) months. A Salary Loan Renewal can be approved if 50% of term or twelve (12) months of the existing loan has passed. Proceeds of renewal loan is any amount greater than or equal to zero as long as the outstanding balance on the previous loan is deducted. once have
How to Apply for SSS Loan Condonation Online - Tech Pilipinas
WebSep 28, 2024 · The Philippine Social Security System (SSS) is continuously accepting applications for the SSS Salary Loan. Here are the procedures on how to apply online. Why apply to SSS Salary Loan? In the Philippine setting, one of the indications of becoming an adult is to be a registered contributor to the Social Security System (SSS), the country’s … WebFeb 2, 2024 · Condonation with Restructuring. Pay 50% of the entire loan amount in full including legal expenses, interests, and insurance dues within 90 days of receiving the … WebMar 6, 2024 · SSS allows you to apply for a cash loan as long as you are currently employed or currently paying as a self-employed or voluntary member. In a way, it falls under the category of salary loans because only employed contributors or similarly eligible contributors are able to avail of it. once gold cad