How can I get my SSS first loan?
How to submit an application via SSS Website
- Visit the SSS website (sss.gov.ph) and click Member.
- Enter your User ID & Password and click the box for the captcha.
- Under E-Services, click Disbursement Account Enrollment Module and enroll in the system your bank account where the loan will be disbursed.
How can I qualify for SSS loan?
Member must be a member of the SSS; Member has at least 36 months premium contribution and 24 continuous contributions in a period prior to application. Member not more than 60 years old at the time of application and must be insurable. Members age 60 years at time of application will have a maximum loan term of 5 …
How much is the first loan in SSS 2020?
Another simple computation to look at would be, if you have posted 36 monthly contributions, of which six has been within the last 12 months before submitting your application, you can loan up to PHP 15,000 or a one-month salary loan. This is also the usual amount that first-time borrowers can receive (minus taxes).
How can I get SSS loan from ATM?
To avail of the Quick Card, members can go to a UnionBank kiosk at selected SSS branches, for same day processing and release. There will be kiosks at 16 SSS branches, with pilot kiosks in SSS Diliman, Gil Puyat and Pasig Shaw.
How can I get SSS loan if unemployed?
To qualify for the SSS unemployment benefits program, you must meet the following criteria:
- Must not be over 60 years old at the time of unemployment.
- Paid at least 36 months’ worth of monthly SSS contributions and 12 months have been paid in the last 18 months prior to job loss.
How many days will you get your SSS loan?
The loan proceeds shall be available to member-borrower’s account within three (3) to five (5) working days from approval date of the loan.
Can I loan in SSS if unemployed?
The SSS Unemployment Insurance or benefit is not a loan. It is financial assistance that you can claim if you are eligible. There will be no need to repay anything. However, it is only for a maximum of two months.
Can I use my ATM card for SSS loan?
SSS-UnionBank Quick Cards are issued to members free of charge on the same day as the salary loan approval. With this card, borrowers can easily access their loan funds from ATMs, instead of waiting for their loan checks from the mail or through their employers,” Ocay said.
How can I get Umid ATM card?
Here are the steps that you need to take for your UMID card application during the pandemic.
- Step 1: Schedule Your Appointment.
- Step 2: Go to the SSS Branch to Submit Your Requirements.
- Step 3: Proceed to Biometrics Capture Booth.
- Step 4: Wait for Your UMID Card Pick-Up Schedule.
Can I loan in SSS using GCash?
“GCash offers a fast, convenient and hassle-free means for paying SSS contributions and loans. An SSS member must have a prepaid or postpaid Globe or Touch Mobile account to gain access to the GCash payment facility.
How do I get SSS loan payment reference?
Login to your My.SSS account. Enter your User ID and Password, then tick the box beside “I’m not a robot”. Click “Submit”. 2. Click the RTPL tab to view the active Payment Reference Number. 3. By default, the “Amount to be Paid” portion is equal to the “Amount Due”.
How does a SSS Salary loan work and how does it work?
Last Updated on 03/16/2021 by FilipiKnow The SSS salary loan works like any other loan: You borrow money and you repay it according to an agreed-upon schedule and interest rate. The money you borrow may have come from your own contributions but at the end of the day, it’s still a loan so you have the obligation to pay it on time.
Which is the best loan to get for SSS?
One of the best options is the SSS salary loan. It’s technically a loan but you don’t have to deal with high-interest rates typically offered by loan sharks and some financial institutions. Party, it’s also your money – the amount you can loan is based on the amount of money you’ve already contributed to your SSS account.
What’s the maximum amount you can borrow from SSS?
Assuming that your income never changed and you paid your contributions consistently in the last 12 months, the maximum SSS salary loan you can borrow is Php 18,000 for a one-month salary loan and as much as Php 36,000 for a two-month salary loan, provided that you’re qualified for it.