SSS Salary Loan 2026: How to Apply, Compute, and Repay

The SSS Salary Loan is a short-term cash loan for active SSS members needing emergency funds. In 2026, with improved online processing through the My.SSS portal, most applicants receive their loan proceeds within 2–5 banking days. Here is everything you need to know about eligibility, amounts, and repayment.

1. Eligibility Requirements

• At least 36 monthly contributions — with 6 of those paid in the 12 months before the loan application
• Currently employed or self-employed (not separated for more than 6 months)
• No existing delinquent SSS salary loan balance
• Employer is up to date with SSS remittances

2. Loanable Amounts

Your Average Monthly Salary Credit (AMSC) is the average of your last 12 Monthly Salary Credits before the semester of loan application. With the 2026 MSC ceiling at ₱35,000, the maximum loan is ₱70,000 for qualifying members.

3. Interest Rate and Repayment

• Interest rate: 10% per annum
• Service fee: 1% of loan amount (deducted upfront)
• Repayment term: 24 equal monthly installments
• For employed members, repayment is through employer salary deduction

4. Applying Online via My.SSS Portal

1. Log in to my.sss.gov.ph and go to "E-Services" → "Salary Loan"
2. Verify your contribution record and check the "Loan Eligibility" tab
3. Fill out the online application and select your preferred disbursement channel (UnionBank, BDO, or PESONet-enrolled account)
4. Your employer will receive a notification to confirm your employment status
5. Once confirmed, SSS credits the loan to your designated account