Landbank announced on Wednesday, March 3, it would be expanding the coverage of its direct loan program for students to cover gadget purchases for online learning., will offer loans of up to P50,000 per student for the purchase of devices such as laptops, desktop computers or tablets. The P50,000 will count towards the maximum loanable amount of P150,000 per student or P300,000 per parent-borrower for the payment of tuition or other enrolment-related fees.
A co-borrower shall be required if the principal borrower is more than 60 years old and/or with no established repayment capacityMust be a permanent resident or resided for a minimum of 2 years in the area of residenceNot over 50 years old at the time of application
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