The SSS Online Loan Calculator is a great tool to help you determine how much you can borrow from the Social Security System (SSS). This calculator takes into account your current monthly salary, age, and contribution history to provide you with an estimate of the maximum loanable amount. Simply enter your information into the calculator below and click “Calculate” to see your results.

Monthly payment
₱ 888
Total overpayment
₱ 662
₱ 10662

The Salary Loan is a short-term loan made available to SSS members who are currently employed and paying their monthly contributions. The loan amount is based on the member’s contribution record and salary. The maximum loanable amount is P20,000 while the minimum is P1,000.

The Salary Loan may be used for any purpose such as payment of tuition fees, medical expenses, home repairs, or other personal needs. Members who wish to apply for a Salary Loan must fill out an application form and submit it to the nearest SSS branch office.

Once the application has been approved, the member will be required to pay an upfront fee of 2% of the loan amount. The loan will then be released within 10 days. The loan must be repaid within two years in equal monthly installments.

If you are an SSS member and in need of financial assistance, you may apply for a Salary Loan at any SSS branch office near you.

To qualify for an SSS loan, you must be an active member of the SSS and have paid at least 12 monthly contributions prior to the date of your application. You must also submit proof of income and provide collateral to secure the loan.

The answer to this question depends on a number of factors, including your credit score, employment history, and monthly income. However, the maximum loan amount that you can avail yourself from SSS is PHP 40,000.

Frequently Asked Question

How much is the first SSS salary loan?

The first SSS salary loan is worth P1,000.

How long is the SSS Loan salary loan?

You should get the loan proceeds within 8-10 days if you opted for electronic disbursement.

Can I use GCash for the SSS Loan salary loan?

Yes, you can use GCash for your SSS salary loan. You can link your GCash account to your SSS online account and use it to pay your salary loan contributions.

Can I loan an SSS Loan if self-employed?

Yes, you can loan in SSS if self-employed. There are several requirements that you need to meet and submit, but it is generally possible to get a loan through the Social Security System if you are self-employed. Speak to your local SSS branch for more information.

Can I withdraw my SSS Loan contribution?

Yes, you may withdraw your SSS contribution if you meet any of the following conditions:

– You are at least 60 years old and have retired from employment;

– You are between ages 50 to 59 and have been separated from employment for at least two months;

– You are permanently incapacitated and can no longer work; or

– You are on temporary disability leave for more than 90 days.

Can I apply for SSS Loan without a job?

Yes, you can apply for SSS benefits even if you don’t have a job. However, you will need to meet certain requirements and provide supporting documents. To learn more about how to apply for SSS benefits, visit their website or contact their customer service hotline.

What happens if you miss SSS Loan payment?

If you miss a payment, you may be penalized. The penalty will depend on how much you owe and how many payments you have missed. You can make a payment online, by mail, or in person at an SSS branch. If you need help making a payment, you can contact the SSS customer service.

How is SSS salary loanable amount calculated?

The SSS salary loanable amount is calculated using the following formula:

Loanable Amount = (Basic Salary + Allowances) x Multiplier


Basic Salary = Your gross monthly income from your regular job/employment

Allowances = Income from other sources that are not regular such as commissions, honoraria, etc. (subject to certain conditions)

Multiplier = 3 for members with no previous availment of SSS salary loan; 2 for members with one previous availment of SSS salary loan; 1.5 for members with two or more previous availments of SSS salary loan.


You can get a UMID certificate by applying for one at the Unified Multi-Purpose ID (UMID) System main office, or any of its satellite offices. You will need to submit two (2) copies of your most recent ID photo, as well as proof of your identity such as a birth certificate, passport, or driver's license. Once your application has been processed, you will be given your UMID certificate.
There are two ways that self-employed individuals can pay into Social Security: through the Self-Employment Contributions Act (SECA) tax or by making voluntary contributions. The SECA tax is paid as part of your federal income tax return and is calculated based on your net earnings from self-employment. The current SECA tax rate is 15.3%, and you will need to pay this tax if your net earnings from self-employment are $400 or more in a year. If you don't want to pay the SECA tax, you can make voluntary contributions to Social Security. You can do this by setting up an account with the Social Security Administration and making regular payments into the account.

The median salary in the Philippines is $1,857 per month. This means that half of all workers earn less than this amount and half earn more. The median is a good indicator of what is considered "average" pay in the Philippines. However, it is important to remember that there is a lot of variation in salaries, so some workers will earn much more or much less than the median.
If you are self-employed, you will need to pay both the employee and employer portions of the Social Security tax. This is because you are considered both an employee and an employer. The total amount you will need to pay is 12.4% of your net earnings. You can deduct the employer portion of the tax from your taxes owed.

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