The Real-Time Processing of Loans (RTPL) system now allows for loan payments, according to the Social Security System (SSS). Using a payment reference number (PRN), a SSS member can pay his loan fees at an SSS branch or payment collection partner.
On November 9, 2020, the use of PRN for SSS loan payments began to be implemented. A loan billing with PRN will be sent to registered email addresses and mobile numbers for members with outstanding loan obligations. ,'_com-medrectangle-3','ezslot_5',191,,_('div-gpt-ad-_com-medrectangle-3-0');
All short-term member loans, including salary loans, disaster loans, emergency loans, and loan restructuring, are eligible for the PRN. PRN-based payments won't be implemented by the Educational Loan Assistance Program (ELAP) until further notice.
On February 1, 2021, all SSS loan payments must be made using the PRN. However, until January 31, 2021, the SSS will continue to accept non-PRN loan payments.
Therefore, if you are an individual member of the SSS and wish to pay your SSS loan online, we have developed this tutorial to assist you in doing so. Please note that only self-employed or voluntary SSS members may read this article. Through the employer's My, employees' loan payments will be handled by their employers. SSS account.300,250], ""_com-medrectangle-4,"" ""ezslot_6,"" and 192 characters; ""div-gpt-ad-_com-medrectangle-4-0"");
How to Get an SSS Loan Payment PRN The loan payment reference number is a system-generated number that is linked to an SSS member's or employer's loan billing statement. The utilization of the PRN will guarantee the prompt and accurate posting of loan payments to the appropriate loan account as part of the Real-Time Processing of Loans (RTPL) program.
SSS members who still owe money on loans will get a loan billing statement with their payment reference number (PRN) via email or text message. You can obtain the PRN from My if you did not receive the loan billing statement or deleted it by accident. Account SSS.
Open the SSS website and then click the ""MEMBER"" button to begin. Additionally, you can directly access the member login page.
Fill in your My. Password and username for SSS. Click ""Submit"" after solving the captcha (""I'm not a robot""). ”'_com-box-4','ezslot_7',193,,_('div-gpt-ad-_com-box-4-0');
After logging in to My. SSS account, navigate to the menu and select the ""RTPL PRN"" link, as depicted in the image below.
You now have access to your SSS loan's payment reference number and other pertinent information, including the loan type, loan date, outstanding balance, amount due, and amount to be paid.
Click the ""PRN"" button in the ""ACTION"" column to print your PRN. However, you can pay your SSS loan online without printing the PRN. When making a payment at an SSS branch or SSS-accredited payment partner, all you need is a printed copy. Print two copies, one for the payor and one for the SSS, at the very least.
Additionally, you can view your statement of account by clicking ""SOA,"" which will provide you with a breakdown of your outstanding loan balance. 300,250],'_com-banner-1',);
Keep in mind that you must utilize the PRN by the due date. As long as the new PRN for the most recent billing month has not yet been generated, you can continue to use a PRN after its due date. Nevertheless, there will be a consequence. From the first to the sixth day of the month following the billing month, the new PRN will be generated. The PRN for November 2020, for instance, will be generated from December 1 to 6, 2020.
The PRN will no longer be accepted for payment once it has expired. The member must use the new PRN, which contains the amounts for both past due and current due.
How to Change the Loan Payment Amount Let's say you're short on cash and can only pay a small portion of the loan amount. Fortunately, SSS permits you to pay less than the due amount, but not more than the outstanding balance.
Go to ""RTPL PRN"" to change the amount of the payment.
Click the field under the ""AMOUNT TO BE PAID"" column, then enter the new amount. The new amount cannot be more than the due amount.
Click ""SAVE ALL"" after entering the new amount.
You can now use the same PRN to pay the amount you want. To avoid penalties, make sure to pay off the remaining balance before the due date.
How to Use the Moneygment App to Pay Your SSS Loan Online Currently, you are unable to pay your SSS loan online using your PRN. PRN-based loan payments are currently being implemented by the SSS in collaboration with their online collection partners. Moneygment, a mobile wallet app, is still available for online SSS loan payment. A PRN is not required for this payment.
You must have the Moneygment mobile app installed on your phone and a verified Moneygment account. The app is available for download from the App Store or Google Play.
Go to ""My Profile"" after opening a Moneygment account to complete your profile. Please enter all of your account numbers, including SSS.,,_;
Tap ""Pay Pag-IBIG, Philhealth & SSS"" when the Moneygment app is open.
Select ""SSS"" from the bottom tab.
Select or enter the following information:
SSS Payment: Select ""Real Estate Loan"" or ""Salary Loan"" as your option. Payment for the SSS disaster loan is not yet available. SSS Number: Your profile already contains this information. Type of Payor: Select ""Individual. “Applicable Month – Moneygment can only process payments for the applicable month that is currently in effect. Simply pay more than the required amount to cover applicable months, and the difference will be deducted from the principal amount. Amount: Keep the 25 transaction fee in mind.
Press ""Submit"" after reviewing your payment information.
Click ""Submit"" after entering the one-time PIN that was sent to your registered phone number.
Your SSS loan payment information will be included in an email confirmation.
You will receive a second email from Moneygment confirming the successful payment once your loan payment has been posted to your account. '',_('div-gpt-ad--0');
Conclusion We will update this article when additional SSS loan online payment options become available. In the interim, you can pay at an SSS payment partner near you or through the Moneygment app.
Contact member_relations@sss.gov.ph or the SSS toll-free hotline at 1-800-10-2255777 if you have any questions or concerns.
Tags: Social Security System Money Management" - https://www.affordablecebu.com/
