SSS Cash Loan Minimum & Maximum Loanable Amounts – Here’s how much you may borrow…

Guide on SSS Cash Loan Loanable Amounts

SSS CASH LOAN – Here are the minimum and maximum loanable amounts under the Salary Loan offer of the Social Security System (SSS).

Are you a member of the Social Security System who has paid the monthly savings for at least three (3) years already? If yes, then there are several loan offers that you may turn to. One of these is the SSS Salary Loan.

The said cash loan offer was crafted to help address the short-term needs of the members of the state-run social insurance institution. Most of the members of the institution are employees of private companies and self-employed individuals.

Under the SSS Cash Loan offer, the loanable amounts depend on the total savings of the member or it is on a case-to-case basis. The main thing is that you have submitted at least 36 monthly savings.

If you have posted at least 36 monthly savings but not more than 72 monthly savings, you can borrow an equivalent of one (1) month of your basic salary under the said SSS Cash Loan offer. If the total monthly savings you have posted goes past 72 months, you can borrow up to an equivalent of twice of your monthly salary.

Do you want to apply for the said loan offer of the SSS? For a guide on the application process, feel free to visit – Apply for SSS Salary Loan: Simple Guide in Applying & What You Need to Submit.

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You may also visit – Pag-IBIG Salary Loan Requirements – List of Documents Needed in Applying for the offer