Social Security System Loans – Loan Application

4.5 / 5  (456 reviews)
Maximum amount ₱500K
Interest from 10.00%
Loan term 1 – 24 months
Approval in 5-7 banking days
Apply at the official Social Security System Loans website ad

Applying does not commit you to any contract. Loan approval is subject to Social Security System Loans terms and conditions.

Screenshot of website: https://sss.gov.ph, website owner: Social Security System Loans, screenshot used under fair use.

Social Security System Loans website screenshot

Contact information

Social Security System Loans – Repayment table

Approximate monthly installments at 10.00% interest rate. Actual installment is determined upon loan approval.

Amount \ Term 6 months 12 months 24 months
₱10K ₱1,715.61 ₱879.16 ₱461.45
₱20K ₱3,431.23 ₱1,758.32 ₱922.90
₱30K ₱5,146.84 ₱2,637.48 ₱1,384.35
₱40K ₱6,862.46 ₱3,516.64 ₱1,845.80
₱50K ₱8,578.07 ₱4,395.79 ₱2,307.25
₱60K ₱10,293.68 ₱5,274.95 ₱2,768.70

Representative example

Loan amount ₱26K
Repayment period 24 months
Interest rate 10.00% per month
Monthly installment ₱1,176.70
Total interest cost ₱2,740.69
Total amount payable ₱28,240.69

* Example is for illustration purposes only. Actual interest rate may vary based on lender assessment and your credit profile. Conditions are determined upon signing the contract.

Quick overview

Loan amount ₱1K – ₱500K
Loan term 1 – 24 months
Interest from 10.00%
Approval 5-7 banking days
Age requirement 18-65 years old
Online application Yes

Loan requirements

  • ✓ Valid government-issued ID (SSS, GSIS, PhilHealth, driver's license, or passport)
  • ✓ Active SSS membership with at least 36 monthly contributions
  • ✓ Updated payment of SSS contributions
  • ✓ Certificate of Employment (for employed members)

Loan features

  • Loan amounts: ₱1,000 to ₱500,000
  • Repayment term: 1 to 24 months
  • Approval time: 5-7 banking days
  • Available at branches nationwide and through online banking
  • Optional loan insurance for added protection