Guide on SSS Salary Loan Requirements for Application

SSS SALARY LOAN REQUIREMENTS – Here are the documents that seafarer members of the Social Security System must submit to apply for the offer.

Are you interested to apply for the Salary Loan offer of the Social Security System? It is a multi-purpose cash loan offer that can attend to different financial needs including the financing of the following:

• personal purchases
• travel
• hosting of events
• business expansion
• car repair

The Salary Loan offer of the social insurance giant is open not only for the locally-employed Filipinos but as well as the self-employed members and the overseas Filipino workers (OFWs) who are members of the state entity. Thus, seafarers who are SSS members may apply for it.

To apply for the loan offer, there are SSS Salary Loan requirements that must be prepared and submitted to the social insurance institution. The list of documents required by the state entity depends on who will file the loan application — the member-borrower, an authorized representative of the member, or the employer.

In case the SSS member will file for the loan application personally or through his/her SS account, here are the documents required by the social insurance institution:

• duly-accomplished Member Loan Application Form
• SSS digitized ID or E-6 with any two (2) valid IDs (one of which with a recent photo

If the loan will be filed by an authorized representative of the member, there is a different set of SSS Salary Loan requirements. In this case, here are the documents that must be submitted to the state-run social insurance institution:

• duly-accomplished Member Loan Application Form
• SSS-issued Authorized Company Representative (ACR) card
• Letter of Authority (LOA) from employer
• two (2) valid IDs both with signature and at least one with photo
• Member-borrower’s SS card or Application for SS card (SS Form E-6) acknowledgment stub and two (2) valid IDs

The SSS loan application may also be filed by the employer or the company that the seafarer-member is working for. In this case, here are the documents required by the state entity for the loan application:

• duly-accomplished Member Loan Application Form
• Letter of Authority (LOA) from employer
• Member-borrower’s SS card or Application for SS card (SS Form E-6) acknowledgment stub and two (2) valid IDs
• two (2) valid IDs both with signature and at least one with photo

The Social Security System has crafted a long list of the valid IDs accepted in applying for its benefit and loan offers. Here are the proof of identity documents accepted by the social insurance institution:

• Senior Citizens Card
• Professional Regulation Commission (PRC) ID
• Seaman’s Book
• LTO Driver’s License
• School ID
• Company ID
• Voter’s Identification card/affidavit/Certificate of Registration
• Postal ID
• GSIS Card
• Tax Identification Number (TIN) Card
• Baptismal Certificate
• Overseas Worker Welfare Administration card
• ATM card with cardholder’s name or with certification from bank
• Health or Medical Card
• Credit Card
• Police Clearance
• Transcript of Records
• NBI Clearance
• Pag-IBIG Member’s Data Form
• Marriage Contract
• Seafarer’s Registration Certificate issued by POEA
• Bank Account Passbook
• Certificate from:
  • Office of Muslim Affairs
  • Life Insurance Policy
  • Office of Southern/Northern Cultural Communities
  • Birth/Baptismal certificate of child/ren
  • Certificate of Licensure/Qualification Documents/Seafarer’s ID and Record Book from Maritime Industry
  • Certificate of Naturalization from the Bureau of Immigration

Aside from the SSS Salary Loan offer, seafarers who want to apply for a multi-purpose cash loan may also turn to the AUB Seafarer’s Loan.