SSS Loan Balance is quite easy to access. Once your SSS number is registered on the SSS website you are able to monitor your loan., contribution, and other benefits under the SSS.
This guide will help you to follow the right procedure of checking your loan balance in your SSS online account.
Last Updated: Oct. 2, 2019
Proceed to SSS website at www.sss.gov.ph. Then log-in to your SSS account by typing your “User ID” and “Password“.
Once your account is login, you will see the options on the SSS website. Choose the “E-services” and click for the “Inquiry“.
After you Click the inquiry, you will redirect to your account details page and you will see here the options above your account details. Choose the “Loans” option and click for “Loan Status/Loan Info“.
As you will see I have 2 types of salary loans. My previous loan last 2016 which I already paid and my current loan last 2018 which I need to pay until the year 2020.
Now you will redirect to another page that you will see the “View Loan Disclosure Statement” in the left corner of the page. You need to “click” that menu to view your disclosure statement loan/credit transaction.
You will now view your “Disclosure Statement Loan/Credit Transaction“. Here is the sample of my loan history, you will see your “Monthly Amortization” including the “Interest“, “Principal” and the “Outstanding Principal Balance“.
The “Loan Amount” that I requested for my salary loan is P14,000.00. However, I will not get the cash loan completely since it has a “Service Fee of 1% Loan Amount worth P140.00“. So the total cash loan that I will get is P13,860.00.
The total payment for a cash loan within 24 Months is P15,504.70 which included the interest from SSS.
Login your account in SSS mobile by using your “User ID” and “Password” created in SSS website.
After you log-in your SSS account. Just proceed to “My Loans” option to see the other settings for a salary loan balance.
3. SALARY LOAN BALANCE
Once you’re done to choose my loan option, you will see three options on it. Salary Loan Status, Salary Loan Balance and Apply for Salary Loan. Choose the “Salary Loan Balance” option to see your current and updated loan balance.
Here you will see your updated “Salary Loan Balance“. Including the “Loan Date” and “Loan Balance“.
As you see, I requested a salary loan in my employer last year September 26, 2018, and the remaining balance that I need to pay is 17,791.14 until the year 2020.