Paying your SSS loans as an individual member has become much simpler with the introduction of the Payment Reference Number (PRN) system.
This system allows you to settle your payments with ease while keeping track of your transactions in real-time.
Whether you’re a voluntary member, self-employed, or working overseas, you can navigate this process with ease.
Step 1: Obtaining Your PRN
Before making any payments, you’ll need to obtain your PRN.
There are several convenient ways to get it:
1. Email and SMS Notification
The SSS automatically sends a PRN Loans Billing Notice to your registered mobile number and email address.
This notice contains your PRN, which you can use when you’re ready to pay.
It’s a hassle-free way to get the information you need without logging into your account or visiting a branch.
2. My.SSS Account
Another way to access your PRN is by logging into your My.SSS account on the SSS website.
After logging in, head over to the “RT PL” tab to view your active PRN.
The system will display the total amount due, but if you want to adjust the amount you’re paying, you can do so by editing the “Amount to be Paid” field.
Click “Save All” to finalize your changes.
Once you save the details, your updated PRN will be ready for use.
3. SSS Branches
If you prefer to visit an SSS branch, you can use the Self-Service Express Terminals (SETS) or inquire at the E-center for assistance.
You may also approach the counter for help with retrieving your PRN.
This option allows you to get your PRN directly, especially if you have questions or need personal guidance.
Step 2: Paying with Your PRN
Once you have your PRN, it’s time to make the payment.
Here are some options you can choose from:
1. SSS Branches
You can pay your loan at any SSS branch that has Automated Teller System (ATS) facilities.
Simply present your PRN at the tellering counters, and they will process your payment.
This option works well for those who prefer face-to-face transactions and receiving a physical receipt.
2. Compliant Collecting Partners
If visiting a branch isn’t convenient for you, many RT PL-compliant banks and collection partners also accept PRN payments.
Some of these banks include:
- Rizal Commercial Banking Corporation
- Security Bank Corporation
- Philippine National Bank
Non-bank partners like SM Payment Centers and Bayad Center are also options.
For those abroad, international partners such as I-Remit and Ventaja can process your payments, making it easy to settle your loans even from outside the country.
These partners provide flexibility by offering multiple channels for making your payments.
Step 3: Confirmation and Posting of Payment
After completing your payment, SSS provides a confirmation to make sure everything has been processed correctly.
- SMS and Email Notification: Once your payment is posted, you’ll receive a notification via SMS or email.
This lets you know that your transaction has been successfully recorded.
Always check your registered mobile number or email inbox for these confirmations.
If you paid in person at a branch or through a bank, you will also receive an official receipt.
This receipt is your proof of payment, so it’s important to keep it in case you need it for future reference.
Key Points to Remember
Here are a few important things to keep in mind as an individual member using PRN for loan payments:
- PRN Generation: Your PRN is typically generated between the 1st and 6th of the month following the billing month.
Always check for a new PRN at the start of each billing cycle, as it’s required for that month’s payment.
- PRN Expiration: Once a new PRN is issued for the current billing month, the previous one will expire.
Make sure to use the latest PRN to avoid any issues during your payment process.
- Payment Deadline: You need to settle your payments on or before the last day of the month following the applicable month.
For example, if your loan is due for August, you have until the end of September to make the payment.
If the due date falls on a weekend or holiday, payments can still be made on the next working day without any additional charges.
Conclusion
The PRN system makes paying your SSS loans straightforward and efficient for individual members.
By following these steps, you can easily obtain your PRN, choose a convenient payment method, and receive confirmation that your payment has been posted correctly.
This system offers a flexible approach to managing your SSS loan obligations, making it easy to stay on top of your payments without unnecessary stress.
Keep track of your PRNs, make timely payments, and always keep your receipts for reference.
With the PRN system in place, managing your SSS loan payments has never been smoother.