A brief overview
The Landbank of the Philippines is one of the Government Owned and Controlled Corporations (GOCCs) along with Philhealth, SSS and PNOC. Compared to some commercial banks such as Metro Bank, starting a maintaining balance in Landbank is low at 500 php.
Opening an Account
Step 1: Go to Landbank Online Account Opening
Select the account type you want.
Step 2: Fill in the form.
Step 3: Click proceed with application.
Step 4: Fill in the second part of the form.
Step 5: Click Next .
Fill in the form fields and click the buttons if the items are not applicable to you. After filling in all the fields, click save and exit or the next. A DOBS confirmation file in PDF will be generated confirming your account opening. Please take note that your this acknowledgement in the application number is valid only for 30 days.
Step 6: Click the “Next” button if you’re sure of the first part of the form or “Back” if not.
At the time of this writing, Landbank is currently updating their DOBS site, so you might get the following message before you can proceed to review the form page.
Step 7: Review the details you provided in form fields.
Step 8: Click submit button if you’re sure with your review or click back if you’re unsure.
Step 9: Print your DOBS account opening confirmation
After submitting the form, the website will generate the acknowledgement file which you can bring to the branch to finalize the process of account creation.
Step 10: Bring your DOBS acknowledgement file and documents to the nearest LandBank branch.
Because Landbank is a government‑owned and controlled corporation (GOCC), it handles a large volume of daily transactions. Expect long queues and extended waiting times, especially since the bank also processes services for DepEd and local government units (LGUs).
To minimize waiting, it’s best to arrive as early as 7:40 AM, before official branch hours begin at 8:00 AM. In my experience, when I arrived at 9:10 AM to open an account, my queue number was already 80, even though the counter had just started serving number 0. I was finally assisted by a customer service representative past 2:00 PM.
List of documents/requirements to bring
- DOBS acknowledgement
- Supporting document you selected while filing in the Dobs form. In this example, I chose birth certificate
- Government issued ID: Driver’s license, PRC, BIR TIN number
- 500 php deposit for maintaining balance
Step 11: Fill in the account opening form at the branch.
The CSR at the account opening section will provide you with a form. Fill in the form and also sign three times on another form. By this time, you’ll have already an account number. If the branch’s card printing machine is Ok, you can get it on the same day but if not you could wait for 2 months before you can receive the card.
