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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

LANDBANK MOBILE
LOAN SAVER
WHITE LIST and LOAN
APPLICATION MANUAL

________________________________
VP RANDOLPH L. MONTESA
SYSTEM OWNER
Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

TABLE OF CONTENTS

Page No.

I. What is a White List? ......................................................................................... 3


II. System Requirements ........................................................................................ 3
III. Template Installation .......................................................................................... 3
IV. Process Flow Overview ...................................................................................... 5
V. Detailed Procedures........................................................................................... 6
VI. Submission of Documentary Requirements ..................................................... 10
VII. Applying for a Loan .......................................................................................... 11
VIII. Online Loan Application Form .......................................................................... 13
IX. Mobile PIN ........................................................................................................ 17
X. Balance Inquiry ................................................................................................ 17
XII. Change MPIN................................................................................................... 17

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

I. What is a White List?

A white list is an excel template provided by Land Bank to facilitate encoding of the
Employee-Borrower information pre-qualified by the Agency to avail of the
Landbank Mobile Loan Saver.

The following action types are available in the preparation of the white list
template:

a. Addition of new Employee-Borrower


b. Update of Employee-Borrower records
c. Deletion of Employee-Borrower records

II. System Requirements

Hardware and software requirements for white list creation:

 PC with installed Microsoft Office XP


 Printer

Branch and Agency Codes shall be requested from LANDBANK Servicing


Branch.

III. Template Installation

1. Insert the CD labeled “LMLS WHITELIST” in the CD drive.

2. Copy the “White list excel template” from the CD to drive C of the computer
by performing the following procedures:

2.1 Double click the CD drive icon to display the CD contents.

2.2 Right click the “White list excel template” file then click the “Copy”
option.

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

2.3 Double click the drive C icon. Right click then choose the
“Paste” option.

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

IV. Process Flow Overview

EMPLOYEE-BORROWER

Provide the following to Receive the following SMS


Upload in LMLS message:
Encode the Agency:
Employee Details a. White list template Date, Time:
in the White list b. Agency code You are eligible to apply for a
Template c. Branch code loan under the Mobile Loan
Saver Program. Please use
YES the Agency Code ____. To
OK? apply,
text
Submit to LBP the Receive and validate LOAN<space><Employee
properly filled out the white list template No><space><Agency Code>
and reviewed White NO to 5363. Thank you!
list template Ref: xxxxxxxxxxxx
Return to Agency
together with the
YES processed file for
Correct?
Correct the correction
employee record
based on the
processed file. NO
Return to LBP once
corrected
Return to Agency
for correction

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

V. Detailed Procedures

1. Open the “White list excel template” in MS Excel Program.


2. Fill-up each Column Header defined in the White list with Employee’s valid
information with reference to the following attributes:

Attribute Use Description


Mandatory Data is always required
Optional Field may be BLANK

Attribute Type Valid Values


Alpha C
Numeric Number (012)
Special Comma (,) Period (.) Dash (-) At sign (@) Underscore ( _ )
Alpha Numeric Combination of alphabet and number
Alpha Numeric Combination of alphabet, number, and special characters
Special
Date Date format: mm/dd/yyyy

Attribute Use/Attribute
Column Name Valid Values Sample Entry
Type
ACTION TYPE Mandatory A – Add/New Record
- Action to be performed Alpha U – Update
on the record Field Length – 1 D – Delete/Inactivate
BRANCH CODE Mandatory Acct No. – 0016-0000-01
- To be given by Numeric Should be entered on the
Landbank Servicing Field Length – 3 template as ‘001
Branch
- First 3 digits of the
payroll account number
AGENCY CODE Mandatory Agency Code – 056
- To be given by Numeric Should be entered on the
Landbank Servicing Field Length – 3 template as ‘056
Branch
EMPLOYEE NO. Mandatory
- Should be unique value Alpha, Numeric, Special
per employee per agency (only dash will be allowed)
Field Length – 20
FIRST NAME Mandatory Reymond C. Santos, Jr.
Alpha, Numeric Should be entered on the
Field Length – 50 template as Reymond Jr

MIDDLE NAME Optional Reymond C. Santos, Jr.


Alpha, Numeric Should be entered on the
Field Length – 50 template as Calinagan
LAST NAME Mandatory Lita A. Reyes-Cruz
Alpha, Numeric Should be entered on the
Field Length – 50 template as Reyes Cruz
ACCOUNT NAME Mandatory Should be entered on the
- Full name of the Alpha, Numeric template as Reymond C

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

employee Field Length – 100 Santos Jr


MOBILE NUMBER Mandatory Mobile No – 09190000001
Numeric Should be entered on the
Field Length – 12 template as 639190000001
PAYROLL ACCOUNT Mandatory Acc No. – 0017-0000-01
NO. Numeric Should be entered on the
- Employee payroll Field Length – 10 template as ‘0017000001
account number
TIN Mandatory TIN – 123-456-789
Numeric Should be entered on the
Field Length – 9 template as ‘123456789
SSS/GSIS NO. Mandatory SSS No. – 03-1234567-0
Numeric GSIS No. – 023-456-789-0
Field Length – 20 Should be entered on the
template as
‘00000000000312345670
DATE OF BIRTH Mandatory
Date Format
(mm/dd/yyyy)
Field Length – 10
PLACE OF BIRTH Mandatory
Alpha
Field Length – 100
GENDER Mandatory M – Male
Alpha F – Female
Field Length – 1
CIVIL STATUS Mandatory S – Single
Alpha M – Married
Field Length – 1 D – Divorced
W – Widowed
NATIONALITY Mandatory
Alpha
Field Length – 20
EMAIL ADDRESS Mandatory
- Should be unique per Alpha, Numeric, Special
employee Field Length – 100
PRESENT ADDRESS Mandatory No comma (,) or period (.)
Alpha, Numeric shall be used when entered on
Field Length – 200 the template
ZIP CODE Mandatory
Numeric
Field Length – 4
EMPLOYMENT TYPE Mandatory RF – Regular
Alpha, Numeric O – Officer
Field Length – 2 E – Elected Official
C – Co-terminus/
Appointee
POSITION Mandatory
Alpha, Numeric
Field Length – 50
DEPARTMENT Mandatory
- Department/Unit of the Alpha, Numeric
agency where the Field Length – 50
employee belong
NATURE OF WORK Mandatory
Alpha, Numeric
Field Length - 50
GROSS MONTHLY PAY Mandatory Gross Monthly Pay –
Numeric, Special 35,897.45

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

(only period will be Shall be entered on the


allowed) template as 35897.45
Field Length – 20
LAST MONTH TAKE Mandatory Last Month Take Home Pay –
HOME PAY Numeric, Special 32,567.55
(only period will be Shall be entered on the
allowed) template as 32567.55
Field Length – 20
SOURCE OF FUNDS Optional
Alpha, Numeric
Field Length – 50
YEARS OF SERVICE Optional
Numeric
Field Length – 2
END OF EMPLOYMENT Mandatory (if elected)
TERM Date Format
(mm/dd/yyyy)
Field Length – 10

REMINDERS:

 Do not edit the column title


 The following employee details should be unique per borrower:
 Employee number
 Mobile number
 TIN
 GSIS/ SSS
 Payroll Account Number
 Email Address
 Only Smart, Sun, and TalkN’Text mobile numbers are allowed in the white
list
 The following details cannot be edited using the action type “U” (update):
 Branch code
 Agency code
 Employee number
 Payroll Account number

 Erroneous details that cannot be edited using the update button will be
handled through deletion using the action type “D” (delete)

3. Ensure the correctness and completeness of the encoded data.


4. Ensure that the worksheet is password protected. To protect your worksheet,
follow the procedures below:

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

a. Click Save As from the File menu

b. In the Save As window, select the Tools button.

c. Click the General Options… from the dropdown list.

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

d. In the Save Options window, encode password in the Password to


open and Password to modify fields. Click Ok to close the
window.

5. Save and close the template.


6. Copy the saved template to a CDR.
7. Ensure that the file is successfully copied in the storage device.
8. Label the CDR in permanent ink with the following:
 “White List” as title of the CDR
 Name of Agency
 Date Prepared
 Signature of HR Head/ Designated Personnel

VI. Submission of Documentary Requirements


Agency will submit to Land Bank the following documentary requirements to
complete the pre-qualification process:

a. Certification on accuracy and veracity of the whitelist template


b. Printed Whitelist template and saved template in the CDR
c. The password to open the template shall be enclosed in a sealed
envelope together with the CDR

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

VII. Applying for a Loan

Employee-borrower will receive a Short Messages Service (SMS)


Notification thru his/her mobile phone upon successful uploading of the
agency’s White list File in Land Bank Mobile Loan Saver System.

A. MOBILE APPLICATION

The Mobile Application service allows pre-qualified employees that


have been successfully uploaded in the system to apply loan using their
mobile devices. Upon receipt of a notification that said employee-borrower is
qualified to avail of the loan, the employee-borrower may apply using the
following format:

Syntax : LOAN <Employee No> <Agency Code>

Send to 5363

Example :
ABC Agency with Agency Code = 010
Employee A with Employee No = C822

LOAN C822 010

Send to 5363
Upon successful loan application, the following will be received by the
employee-borrower:
 Mobile phone - SMS notification with six digit PASSCODE
 Email Address - email containing a link to Online Form

B. ONLINE APPLICATION LINK

The Online Application Link allows the employee-borrower to access the


Online Application Form. To access the link, follow the procedures below:

1. Open your nominated email. Click the inbox and look for an email sent
by “LandBank Mobile Loan Saver/ Mobile Application”.

2. Open the received message and click the URL Link (Figure 1.0) found
below the statement “Please follow this link to perform your online
application:”

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

Figure 1.0 URL link

3. A Borrower’s Log in page will appear upon clicking the link. To access
the web page, the employee-borrower has to encode the six digit
passcode sent to his/her mobile number.

NOTE : The link will expire after 15 calendar days. In case of expired link, the
Employee-Borrower may re-apply by sending another mobile loan
application to 5363.

4. Input the six digit passcode then click the DONE button to proceed. In
case of invalid or forgotten passcode, the Employee-Borrower may
resend a new passcode by clicking the “here” link displayed in the
same page.

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Figure 1.1 Online Loan Application Log-in screen


Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

VIII. Online Loan Application Form

The Online Loan Application Form allows the employee-borrower to


complete the online loan process.

1. Select Loan Details.

Figure 1.2 Sample Loan Application Details

Field Name Attributes Description List of Values


Loan Amount - Drop down The system computes Minimum of 20,000
button the allowable loan and maximum of
- Mandatory amount based on the 1,000,000.00
Employee-Borrower’s
Gross and Net take
home pay declared in
the submitted White list
template.

Loan Term - Drop down Amortization period Available terms


button are:
- Mandatory - 12 months
- 24 months
- 36 months
Auto Save Amount - Drop down Amount of auto save per Minimum of 100
button payroll period that will be and maximum of
- Mandatory transferred from Payroll 750
Account to an Auto Save
account
Payroll Period - Protected Remittance period of the
- Display Agency

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

2. Press the CALCULATE button.

3. Review the computed Loan Amortization, Auto savings, and all the charges
(Finance and Non-finance).

Figure 1.3 Computed Loan Amortization and Auto Savings

Field Name Description


Interest Rate Current interest rate set in the system
Amortization per Computed amortization based on Loan Amount selected
Payroll period and payroll period of the agency
Auto-Save per Payroll Auto-Save amount selected per pay period
period
Total Auto-Save upon The total amount the borrower will be able to save by the
Maturity end of the term of the loan
Monthly Amortization The computed monthly amortization using the PMT
formula
Monthly Auto-Save Computed monthly auto-save based on selected Auto-
Save Amount multiplied twice
Total Monthly Sum of monthly amortization and auto-save
Deduction

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

Figure 1.4 Computed Loan Amortization and Auto Savings

Field Name Description


Loan Amount (Gross Selected Loan Amount (Step 1)
Amount)
Finance Charge Computed interest from loan approval up to the day prior
to the first amortization period
Credit Life Insurance Computed based on existing rates of the insurance
Premium (CLI) company at the time of loan application
Documentary Stamp One peso for every P200.00 exceeding P250,000.00
rounded off to the nearest peso.
System Fee This is the Smart Service Charge
Total Deductions Sum of CLI, Documentary Stamp and System Fee
Net Loan Proceeds Amount to be credited to the account; Loan Amount less
Total Deductions

4. To continue, click the Avail Loan button. If the borrower wishes to edit the
Loan amount, term, or Auto Save amount, click the Change Loan Details
button.

Figure 1.5 Avail Loan

5. Click on the “I Agree” button for Employee-Borrower conformé on the


following screens:

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

 Promissory Note
 Term and Conditions
 Deed of Assignment
 Authority to Deduct
 Auto-save Clause
 Loan Disclosure

Figure 1.6 Sample Agreement Document

6. To complete the process, the Employee-Borrower must tick the box beside
his/ her name found under the E-Signature portion.

7. Lastly, click the Submit Application button at the bottom of the screen.

Figure 1.7 E-Signature and Submit Application

Note: A confirmation message will be displayed after the successful submission of the loan
application. The soft copy of the loan details may be downloaded by clicking the link.
The same will also be sent to the Employee-Borrower’s nominated email address.

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Land Bank of the Philippines Land Bank Mobile Loan Saver (LMLS)

IX. Mobile PIN

The Mobile PIN (MPIN) will be sent approximately 2 to 3 banking days after the
crediting of loan proceeds via SMS. This is needed when performing balance inquiry
thru a mobile device.

X. Balance Inquiry

The Balance Inquiry service allows the borrower to inquire the balance of their LMLS
loan and Auto-save account thru the use of their mobile device.

Syntax : BAL <Employee No> <Agency Code><MPIN>

Send to 5363

Example :
ABC Agency with Agency Code = 010
Employee A with Employee No = C822
MPIN = 123456

BAL C822 010 123456 Send to 5363

XII. Change MPIN

The Employee-Borrower has the option to change the default MPIN. To change the
MPIN,

Syntax : MPIN<Old MPIN><new MPIN><Employee No> <Agency Code>

Send to 5363

Example :
Old MPIN = 123456
New MPIN = 789123
ABC Agency with Agency Code = 010
Employee A with Employee No = C822

MPIN 123456 789123 C822 010 Send to 5363

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