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.
How long does it take to disburse SSS salary loan?
Member-borrowers who have opted for electronic loan disbursement should receive the loan proceeds within 2-3 working days.
How do I know if my SSS loan check is delivered?
Click ‘Loan Status/Loan Info’ to show the details of your current loan application (see the screenshot above). In my case, the status of my SSS salary loan application at the time of checking is “CHECK GENERATED” meaning the check is already available and ready to be delivered/credited to my account.
How can I get salary loan from SSS online employer?
(for Employers using My.SSS Employer Account)
- Log in to My.SSS account (sss.gov.ph) and click Employer.
- Encode your User ID and Password then tick box for the captcha.
- Under E-Services, click Certification of Loan/Claim.
- Click Salary Loan.
- Select “Y” to confirm Salary Loan Application or select “N” to reject.
How can I check my SSS loan status through SMS?
Check the Status of Your Loan To inquire about the status of your loan, text SSS LOANSTAT to 2600. For example: SSS LOANSTAT 0529310429 1234.
Is SSS calamity loan deducted from salary loan?
If you wish to file for a salary loan application, may we inform that any outstanding short-term loan (e.g. calamity loan, salary loan) balance in the SSS records will be deducted to the current salary loan proceeds, subject to its existing guidelines.
How many days is the processing of SSS calamity loan?
How long is the SSS Calamity Loan Processing Time? It usually takes three to five working days for the SSS to process a calamity loan.
How can I check my SSS loan status online?
How to Check SSS Loan Balance Online 2021
- Step 1: Go to , then member login to view check your loans info. Type in your membership login details.
- Step 2: Hover your mouse to the “Inquiry” tab.
- Step 3: Hover your mouse to “Loans Info” tab.
Can I loan in SSS even if I have existing loan?
Can I apply for another loan from SSS with an existing loan? A. You can only apply for another salary loan when you have paid at least 50% of the principal or at least half of the term has lapsed. Your outstanding balance will be deducted from your new loan amount.
How much is the interest of SSS calamity loan?
The loan shall be charged an interest rate of 10% per annum until fully paid, computed on a diminishing principal balance and shall be amortized over a period of twenty-four (24) months.
How long does it take for SSS loan to be approved?
Note that once your SSS salary loan application is submitted, your employer is given three (3) working days to certify your application. You will be notified through email about your SSS salary loan application’s status. You will also receive a text message after your loan has been approved.
How to apply for SSS Salary loan online?
Thanks to a more developed online system, members can enjoy a smoother SSS online registration process and quicker salary loan processing time. Keep reading if you’re planning on applying for an SSS salary loan soon. Who Can Apply for SSS Salary Loan? How Many Days Does It Take for SSS to Release Salary Loan?
How long does it take to get calamity loan from SSS?
Just log in to your account and go to E-services. Click ‘Apply for Calamity Loan’ and supply the required information. When you’re done, click ‘Submit’ and wait for your application to be processed. SSS calamity loan processing time is usually three to five working days.
How can I check the status of my SSS loan?
Here’s how you can check it: Log on to your My.sss account. On the dashboard, click on the e-services” tab. It will bring up an information page that also displays a different set of headers you can click on. Hover over to the “Loan” tab it will show a dropdown with a set of options. On the dropdown, click “Loan status/info”.
