LandBank Student Loan

Studying is important especially if you want to reach all your dreams. Studies will help you increase your confidence, competence, and self-esteem that you can use in the future when applying for a job. Nowadays, most companies are hiring applicants who have higher educational attainment. Many people would like to study, but unfortunately, they are unable to do so due to financial problems. But don’t worry since there are ways to continue your study if you really want to. You may consider applying for a LandBank student loan. If you are interested about the student loan, this might help you.

LandBank Student Loan Guidelines

Who are Eligible to Apply?

  • Student
    • Filipino citizen
    • Not over 30 years old
    • Incoming student
    • Not a beneficiary of any scholarship program
    • With Certificate of Good Moral Character
  • Parents, Guardian / Beneficiaries
    • Filipino citizen
    • Legal age
    • Must have the capacity to repay
    • With good credit history
    • Must have been residing in the same address for the last 2 years
    • Net take-home pay must not be less than Php 20,000
  • Co-Borrower
    • Filipino citizen
    • Not more than 60 years old
    • Must have good credit score
    • Can present the following:
      • Certificate of Employment (Employed)
      • Business Permit (Self-Employed)
    • Must have been residing in the same address for the last 2 years

Loanable Amount:

Eligible borrower can borrow a maximum loan amount equivalent to one school year or two semester amounting to Php 150,000 up to Php 300,000. The amount will be based on the school-issued Enrollment Assessment.

How much is the Interest?

Landbank student loan comes with a fixed interest of 5% per annum for the entire term of the loan.

Requirements Needed:

  • Student
    • Proof of enrollment
    • Certified True Copy of Grades (Last semester)
    • Certificate of Good Moral Character
    • Certified schedule of payment of enrollment and school fees 
  • Parents, Guardian / Beneficiaries and Co-Borrower
    • For employees:
      • Duly accomplished form
      • Certificate of Employment
      • Payslip from the last 3 months
      • Income tax return
      • Valid ID
      • Proof of Billing address
    • Self-Employed
      • Duly accomplished form
      • Business Permit
      • Income tax return
      • Valid ID
      • Proof of Billing address

If you want to apply, you may go directly to LandBank or you may call them using this contact number: (+632)8-405-7000 or 1-800-10-405-7000

Educational Assistance Loan Program For SSS Member
10k Allowance for College Students from GSIS
SM College Scholarship 2022