Landbank Salary Loan

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.