Am I eligible to apply for SSS Salary Loan?

Here are the parameters for the SSS loan eligibility:

1. For a one-month loan, the member-borrower must have thirty-six (36) posted monthly contributions, and six (6) posted monthly contributions within the last twelve (12) months from the time of filling for a loan.

2. For a two-month loan, the member-borrower must have seventy-two (72) posted monthly contributions, and six (6) posted monthly contribution within the last twelve (12) months from the time of filling for a loan.

3. The employer contributions must be updated.

4. The member-borrower has not been granted the final benefit, i.e., total permanent disability, retirement, and death.

5. The member-borrower must be under sixty-five (65) years old at the time of application.

6. The member-borrower has not been disqualified due to fraud committed against SSS.

If you meet all parameters mentioned, you are eligible to apply for an SSS Salary loan.