Quick Answer: How Many Days Does SSS Salary Loan Release?

How long before I get my SSS check?

The processing time for SSS salary loan applications is within 10 working days (from filing to check generation).

This doesn’t include the time it takes to deliver/release the loan proceeds which depends on the mode of claiming you’ve chosen..

How much is the loanable amount in SSS calamity loan?

Members may apply for a loan of up to P20,000, depending on your average monthly salary credit in the last 12 months. According to SSS president and CEO. Ignacio, the payment term of this particular CLAP has been extended to 27 months.

Can I avail SSS calamity loan with existing salary loan?

Nicolas also said that SSS members who have an existing salary loan can also avail of the calamity loan, provided that the member pays his or her SSS loan dues on time. … Nicolas then assured SSS members that they can still apply for salary loan even amid the enhanced community quarantine by logging on to sss.gov.ph.

Where can I pay my SSS loan balance?

Payment shall be made at any SSS branch with tellering facility, SSS-accredited bank or SSS-authorized payment center.

How can I pay my SSS loan through GCash?

Pay SSS contributions and loans using GCashGenerate a new PRN thru Text SSS.Dial *143#Select GCash.Select Pay Bills.Select By Search.Enter Biller Name SSS.Select SSS – PRN.

How long will it take to process SSS salary loan?

two weeks to one monthLoan applications normally take two weeks to one month before they get approved from the time of application whether it’s done online or through paper processing, provided that you have submitted the complete documents. The loaned amount will come in the form of a check, which will be delivered to your employer.

How do I know if my SSS loan is available?

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.

What will happen if I did not pay my SSS loan?

Any unpaid SSS loan will be deducted from your retirement, death, or disability benefits. The deduction will be huge if you’ve stopped making loan payments for many years.

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.

How do I check my loan balance?

A person can check the loan status by calling the customer care numbers for any financial queries including Personal loan. You can also directly go to the branch you apply at to meet the officer in charge to know the status of your personal loan application.

How can I check my SSS 2020 loan balance?

How to Check SSS Contributions Online Steps 2020Step 1: Go to SSS website and log in with your SSS online account. … Step 2: Check the Navigation Bar and Go to Inquiry Page. … Step 3: Go to Inquiry drop-down menu and Choose Contributions. … Step 4: View your monthly SSS Contributions.

Who is eligible for SSS calamity loan?

The following are the qualifications in order for members to apply for the SSS calamity loan: Members who’ve had at least 36 months of contributions; with six (6) posted within the past 12 months on or before the month of application. Home address of the member should be at a declared State of Calamity.