Sss Loan Form Details

Sss Loan Application Form is a convenient online tool that you can use to apply for a loan from the Sss. You can use this form to request a loan, update your personal information, or request a change in your repayment plan. You can also use this form to apply for special hardship assistance. The form is easy to fill out and takes only a few minutes to complete. Once you have submitted the form, you will receive a response within three business days.

Below is the data about the file you were in search of to fill in. It can tell you how much time it will take to complete sss loan application, what fields you need to fill in, and so forth.

QuestionAnswer
Form NameSss Loan Application
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namessss loan form 2019, sss member loan application form, sss loan form online, sss loan application form 2021

Form Preview Example

Republic of the Philippines

SOCIAL SECURITY SYSTEM

ISL-101 MEMBER LOAN APPLICATION

REV 01-2006

PLEASE READ INSTRUCTIONS AT THE BACK. PRINT ALL

INFORMATION IN CAPITAL LETTERS AND USE BLACK INK ONLY

APPLICATION NO./BAR CODE

DATE RECEIVED

RECEIVED BY

 

 

INTERNET EDITION/2006

PART I – EMPLOYEE TO FILL IN ALL ITEMS

 

 

 

 

 

 

SS NUMBER

LOAN TYPE

TIN

 

 

 

-

 

 

 

 

 

 

 

-

 

SALARY

CALAMITY

EMERGENCY

 

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NAME OF MEMBER

 

 

 

ADDRESS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(NO. & STREET)

(BARANGAY)

 

 

(TOWN/ DI STRI CT)

POSTAL CODE

(FI RST NAME)

(MI DDLE NAME)

(LAST NAME)

(CI TY/ PROVI NCE)

PART II – EMPLOYER TO FILL IN ALL ITEMS

EMPLOYER’S ID NUMBER

ADDRESS

 

 

-

 

-

-

 

 

 

 

 

 

 

 

 

 

 

 

(NO. & STREET)

(BARANGAY)

(TOWN/ DI STRI CT)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EMPLOYER’S NAME

 

 

 

 

 

 

POSTAL CODE

(CI TY/ PROVI NCE)

WE AGREE TO THE TERMS AND CONDITIONS OF THIS LOAN AS ENUMERATED

AT THE BACK OF THIS FORM.

FURTHER, WE CERTIFY THAT ALL INFORMATION WE HAVE GIVEN ARE TRUE AND CORRECT.

___________________________________________________

_______________

_________________________________

RIGHT THUMBMARK

SI GNATURE OF EMPLOYER’S AUTHORI ZED REPRESENTATI VE

DATE SI GNED

SI GNATURE OF APPLI CANT

(I F CANNOT SI GN)

(OVER PRI NTED NAME)

 

 

 

FOR SSS USE ONLY

 

DOCUMENTS PRESENTED

ENCODED BY

 

 

 

SOCIAL SECURITY CARD

 

 

 

 

E-6 ACKNOWLEDGEMENT RECEIPT AND TWO VALID IDs

 

 

 

 

 

 

 

 

OTHERS:

_______________________________________

_________________

 

 

 

 

SI GNATURE OVER PRI NTED NAME

DATE

 

 

 

 

 

 

 

PERFORATE HERE

SOCIAL SECURITY SYSTEM

ACKNOWLEDGEMENT RECEIPT

SSSFORM ISL-101 (REV 01-2006)

TO BE FILLED UP BY APPLICANT

VERIFICATION OF STATUS WILL BE ENTERTAINED AFTER 3 WORKING DAYS FROM RECEIPT OF APPLICATION BY SSS. PLEASE PRESENT THIS RECEIPT WHEN INQUIRING ABOUT STATUS OF APPLICATION OR YOU MAY TEXT SSS AND KEY IN

SSSSALSTAT SSS NUMBER BIRTHDAY (MMDDYYYY) AND SEND TO 288 (SMART SUBSCRIBERS) OR 2931 (GLOBE SUBSCRIBERS).

SSS NUMBER

 

 

 

EMPLOYER’S ID NUMBER

 

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

 

 

 

 

-

 

 

 

 

 

-

 

 

 

 

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NAME OF MEMBER

FOR SSS USE ONLY

DATE RECEIVED RECEIVED BY

(FI RST NAME)

(MI DDLE NAME)

(LAST NAME)

MJVF14

T E R M S A N D C O N D I T I O N S

APPROVED UNDER SOCI AL SECURI TY COMMI SSI ON RESOLUTI ON NO. 669 DATED 10 DECEMBER 2003

A.SALARY LOANS ELIGIBILITY REQUIREMENTS

1.AN EMPLOYED, CURRENTLY PAYI NG SELF-EMPLOYED OR VOLUNTARY MEMBER ( SE/ VM) WHO HAS 6 POSTED MONTHLY CONTRI BUTI ONS FOR THE LAST 12 MONTHS PRI OR TO THE MONTH OF FI LI NG OF APPLI CATI ON.

2.FOR A ONE-MONTH LOAN, THE MEMBER-BORROWER MUST HAVE 36 POSTED MONTHLY CONTRI BUTI ONS PRI OR TO THE MONTH OF FI LI NG OF APPLI CATI ON.

3.FOR A TWO-MONTH LOAN, THE MEMBER-BORROWER MUST HAVE 72 POSTED MONTHLY CONTRI BUTI ONS PRI OR TO THE MONTH OF FI LI NG OF APPLI CATI ON.

4.I F THE MEMBER-BORROWER I S EMPLOYED, HI S EMPLOYER MUST BE UPDATED I N CONTRI BUTI ONS AND LOAN REMI TTANCES.

5.THE MEMBER-BORROWER MUST BE UPDATED/ CURRENT I N THE PAYMENT OF HI S OBLI GATI ONS I N HI S OTHER MEMBER LOANS, WHI CH I NCLUDE EDUCATI ONAL, STOCK I NVESTMENT, MADE & HOUSI NG LOANS GRANTED UNDER THE UNI FI ED HOUSI NG LOAN PROGRAM ( UHLP) OR DI RECT FROM SSS.

6.THE MEMBER-BORROWER HAS NOT BEEN GRANTED FI NAL BENEFI T ( TOTAL PERMANENT DI SABI LI TY, RETI REMENT AND DEATH) .

7.THE MEMBER- BORROWER MUST BE UNDER SI XTY- FI VE ( 65) YEARS OF AGE AT THE TI ME OF APPLI CATI ON ( SSC RES. NO. 434 DATED 09 NOVEMBER 2005) .

8.THE MEMBER-BORROWER HAS NOT BEEN DI SQUALI FI ED DUE TO FRAUD COMMI TTED AGAI NST THE SSS.

LOAN AMOUNT

1.A ONE-MONTH SALARY LOAN I S EQUI VALENT TO THE AVERAGE OF THE MEMBER’S LATEST 12 MONTHLY SALARY CREDI TS POSTED.

2.A TWO-MONTH SALARY LOAN I S EQUI VALENT TO TWI CE THE AVERAGE OF THE MEMBER’S LATEST 12 MONTHLY SALARY CREDI TS POSTED ( ROUNDED TO THE NEXT HI GHER MONTHLY SALARY CREDI T) , BUT NOT TO EXCEED P24,000.

REPAYMENT TERM

THE ONE-MONTH OR TWO-MONTH SALARY LOAN SHALL BE PAYABLE WI THI N TWO ( 2) YEARS I N 24 EQUAL MONTHLY I NSTALLMENTS.

INTEREST AND PENALTY

1.THE LOAN SHALL BE CHARGED A NOMI NAL I NTEREST OF 10% PER ANNUM. FI RST YEAR’S I NTEREST SHALL BE DEDUCTED I N ADVANCE FROM THE PROCEEDS OF THE LOAN. SECOND YEAR’S I NTEREST SHALL BE I NCLUDED I N THE MONTHLY AMORTI ZATI ONS.

2.LOAN AMORTI ZATI ON NOT REMI TTED ON DUE DATE SHALL BEAR A PENALTY OF 1% PER MONTH.

SERVICE FEE

A SERVI CE FEE OF 1% OF THE LOAN AMOUNT SHALL BE CHARGED AND DEDUCTED FROM THE PROCEEDS OF THE LOAN.

LOAN RENEWAL

THE LOAN MAY BE RENEWED AFTER THE PRESCRI BED AMORTI ZATI ON PERI OD OF TWO ( 2) YEARS. BALANCE OF P500 OR LESS SHALL BE DEDUCTED FROM THE PROCEEDS OF THE NEW LOAN.

MODE OF PAYMENT

SELF-EMPLOYED/VOLUNTARY MEMBER-BORROWERS (SE/VM)

1.FOR SELF-EMPLOYED OR VOLUNTARY PAYI NG MEMBER- BORROWERS, THE FI RST AMORTI ZATI ON SHALL BE PAI D TO THE SSS OR ANY OF I TS

AUTHORI ZED BANKS ON OR BEFORE THE 10TH DAY OF THE THI RD MONTH FOLLOWI NG THE DATE OF LOAN.

EMPLOYED MEMBER-BORROWERS

2.FOR EMPLOYED MEMBER- BORROWERS ( I NCLUDI NG PARTI CI PANTS OF THE FAST TRACK PROGRAM) , THE FI RST DEDUCTI ON FROM THEI R SALARI ES SHALL START ON THE SECOND MONTH FOLLOWI NG THE DATE OF LOAN. ALL REMI TTANCES SHALL BE MADE ON OR BEFORE THE 10TH DAY

FOLLOWI NG THE APPLI CABLE MONTH OF DEDUCTI ON TO THE SSS OR TO ANY OF I TS AUTHORI ZED BANKS.

3.THE EMPLOYEE I S OBLI GED TO REPORT TO THE NEW EMPLOYER HI S OBLI GATI ONS WI TH SSS AND SHALL ALLOW THE NEW EMPLOYER TO DEDUCT

FROM HI S SALARY THE CORRESPONDI NG AMORTI ZATI ONS DUE, PLUS ANY PENALTY FOR LATE REMI TTANCE OF AMORTI ZATI ONS.

EMPLOYER

4.THE EMPLOYER SHALL BE RESPONSI BLE FOR THE COLLECTI ON AND REMI TTANCE TO THE SSS OF THE AMORTI ZATI ON( S) DUE ON THE MEMBER- BORROWER’S SALARY LOAN THROUGH PAYROLL DEDUCTI ON.

5.THE EMPLOYER SHALL REQUI RE NEW EMPLOYEES TO SECURE FROM THE SSS AN UPDATED STATEMENT OF ACCOUNT.

6.THE NEW EMPLOYER SHALL CONTI NUE THE DEDUCTI ON AND SHALL BE ACCOUNTABLE FOR REMI TTANCE TO THE SSS.

7.I N CASE THE MEMBER- BORROWER I S SEPARATED VOLUNTARI LY, ( E.G. RETI REMENT OR RESI GNATI ON) OR I NVOLUNTARI LY, ( E.G. TERMI NATI ON OF EMPLOYMENT OR CESSATI ON OF OPERATI ONS OF THE COMPANY) , THE EMPLOYER SHALL BE REQUI RED TO DEDUCT THE TOTAL BALANCE OF THE LOAN FROM ANY BENEFI T( S) DUE TO THE EMPLOYEE AND SHALL REMI T THE SAME I N FULL TO SSS.

8.I F THE BENEFI T( S) DUE THE EMPLOYEE OR THE AMOUNT THEREOF LEGALLY AVAI LABLE FOR OFFSET OF OBLI GATI ONS OF THE EMPLOYEE I S I NSUFFI CI ENT TO FULLY REPAY THE LOAN, THE EMPLOYER SHALL REPORT THE UNPAI D LOAN BALANCE TO SSS.

DEDUCTION OF UNPAID LOAN FROM BENEFITS

I N CASE OF MEMBER-BORROWER’S DEATH, TOTAL DI SABI LI TY OR RETI REMENT UNDER THE SOCI AL SECURI TY ACT, THE ENTI RE AMOUNT OR ANY UNPAI D AMOUNT OF THE LOAN AS WELL AS THE I NTEREST AND PENALTY THEREON, I F ANY, SHALL BE DEDUCTED FROM THE CORRESPONDI NG BENEFI T.

B.CALAMITY AND EMERGENCY LOANS (CL&EL)

SUBJECT TO GUI DELI NES AS APPROVED BY THE SOCI AL SECURI TY COMMI SSI ON.

I NSTRUCTI ONS

BORROWER MUST FI LE SALARY LOAN APPLI CATI ON PERSONALLY AND MUST PRESENT HI S SOCI AL SECURI TY CARD.

I F FI LED BY THE BORROWER’S REPRESENTATI VE, HE MUST PRESENT THE FOLLOWI NG: ( 1) HI S SOCI AL SECURI TY CARD OR ANY

TWO OF THE FOLLOWI NG I Ds: UNEXPI RED DRI VER’S LI SCENSE; PRC CARD; PASSPORT; POSTAL I D; SCHOOL OR COMPANY I D;

TAX I DENTI FI CATI ON NUMBER CARD ( TI N) .; ( 2) BORROWER’S SOCI AL SECURI TY CARD AND AUTHORI ZATI ON LETTER ( SI GNED BY BOTH BORROWER AND THE REPRESENTATI VE) .

I F FI LED BY EMPLOYER’S REPRESENTATI VE, HE MUST PRESENT BLUE CARD ( COMPANY REPRESENTATI VE I DENTI FI CATI ON CARD) I SSUED BY SSS OR AUTHORI ZATI ON LETTER FROM EMPLOYER AND SOCI AL SECURI TY CARD.

I F BORROWER I S A HOUSEHOLD HELPER, HE MUST PRESENT HI S SOCI AL SECURI TY CARD AND THAT OF HI S EMPLOYER. HI S EMPLOYER MUST ACCOMPLI SH PART I I OF APPLI CATI ON FORM AND SI GN I T.

I N THE ABSENCE OF SOCI AL SECURI TY CARD, BORROWER I S ADVI SED TO APPLY I MMEDI ATELY FOR SAI D CARD AND PRESENT

ACKNOWLEDGEMENT RECEI PT OF E-6 AND ANY TWO VALI D I Ds MENTI ONED ABOVE.