Reviews
Government Salary Loans Updated: 14. 04. 2026

Landbank Salary Loan – review 2026

4,2 / 5

Land Bank of the Philippines offers salary loans to employees of government agencies and accredited private corporations, with loan amounts from PHP 10,000 to PHP 500,000 at annual interest rates of 10% to 12% and repayment terms of up to 60 months. The program is administered through the employer, with repayment deducted from the borrower's monthly salary and remitted directly to Land Bank. Employees of local government units (LGUs) and state universities and colleges (SUCs) are among the primary target borrowers.

Pros

  • Government bank with strong institutional backing
  • Loans up to PHP 500,000 for qualified borrowers
  • Repayment via salary deduction – no missed payment risk
  • Terms up to 60 months
  • Competitive annual rates 10%-12%

Cons

  • Limited to employees of accredited employers
  • Processing takes 7-10 banking days
  • Requires employer to be accredited with Land Bank
  • Application must be initiated through employer HR or payroll office
  • Limited digital self-service options

Requirements

  • Employee of a Land Bank-accredited government agency or private company
  • Aged 21-65 at time of application
  • Minimum gross monthly salary PHP 10,000
  • Valid government-issued ID
  • Latest payslip and Certificate of Employment

Company information

Name
Land Bank of the Philippines
Address
1598 M.H. Del Pilar corner Dr. J. Quintos Streets, Malate, Manila, Philippines
Web

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.