• One-Month Salary Loan
- Available to a member who has 36 monthly contributions posted prior to the month of filing of application, with the amount equivalent to the average of the member’s latest twelve (12) monthly salary credits (MSC) posted
• Two-Month Salary Loan
- Available to a member who has 72 monthly contributions posted prior to the month of filing of application, with the amount equivalent to twice the average of the member’s latest 12 MSC posted but not to exceed P24,000
SSS salary loans shall be payable within two (2) years in 24 equal monthly installments. The loan shall be charged a nominal interest of 10% per annum. First year’s interest shall be deducted in advance from loan proceeds, with the 2nd year’s interest to be included in the monthly amortization.
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