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To qualify for an SSS Salary Loan, you must: Be an active SSS member: You need to have at least 36 posted monthly contributions if youre applying for a one-month loan, and 72 posted monthly contributions for a two-month loan. Be under 65 years old: Applicants must be under the age of 65 at the time of application.
How many days will a SSS salary loan be approved?
Once submitted, you can check the status of your SSS salary loan by logging back into your My. SSS account. It usually takes 35 working days for an SSS salary loan to get approved. After that, the funds will then be credited to your enrolled bank account through the Disbursement Account Enrollment Module (DAEM).
How do I know if I qualify for a loan?
Must be receiving his/her regular monthly pension for at least one (1) month, and the status of pension is active. Must have an approved disbursement account enrolled in the Disbursement Account Enrollment Module (DAEM). Must have updated contact information (cellular/mobile number, email and mailing address).
How much is the 1st loan in SSS?
How much is the first loan in SSS? The salary loan is equivalent to one months worth of salary given that you have completed at least 36 months of total contributions, six (6) months which has been posted in the last 12 months (before the month of application).
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(PDF) SSSForm Salary Loan | Jared Alquisalas - Academia.edu
SSSForm Salary Loan ... MLP-01213 (07-2015) MEMBER LOAN APPLICATION THIS FORM MAY BE REPRODUCED AND IS NOT FOR SALE. ... loan attached to this application.
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