UNDERTAKING/DECLARATION
I/ We hereby confirm that all information and supporting documents provided herein are true, accurate and complete and I/we agree to notify the financial institution of any changes in any of the information supplied. The financial institution can withdraw or cancel any loan approval if any major information and supporting documents are found to be
materially inaccurate.
I/We authorize the financial institution to obtain relevant information as it may require concerning this application.
I/We understand and agree that additional undertaking/declaration, not stated in this form, may be required by the financial institution.
I/We hereby agree that this application shall be subject to applicable laws (BSP circulars, rules and regulations) and policies of Land Bank of the Philippines.
DATA PRIVACY CONSENT
In compliance with the requirements of the Data Privacy Act (DPA), I/we hereby authorize and give my/our consent to Land Bank of the Philippines on the general use and sharing of information obtained in the course of any transaction/s pursuant to my banking relationship with it. Personal information and sensitive personal information6 may be collected, processed, stored, updated, or disclosed by the bank:
a. for legitimate bank-related purposes and requests;
b. to implement transactions which the borrower requests, allows, or authorizes;
c. to comply with the bank's internal policies and its reporting obligations to government authorities under applicable laws; and
d. to offer and provide new or related products and services of the bank, its affiliates and subsidiaries through mail, email, SMS or other means of communication.
I/We confirm that I/we am/are aware that, in case of unlawful acquisition, inaccuracy, and error, I/we have the right to access, update, dispute, block, or correct certain personal information, or withdraw my/our consent to the use of any information provided herein, subject to the rights and limitations under the DPA.
I/We understand that this consent shall continue to be in effect for 5 years or until expiration of the records retention limits set by applicable banking laws, whichever comes later. I/We further warrant that, prior to submitting to the financial institution any information (including personal information) of an individual; I/we have obtained all necessary authorizations and consents as may be required by applicable confidentiality and data privacy laws or agreement to enable the bank to process such information.
I/We understand that should I/we wish to access, update, dispute, block, or correct certain information, or withdraw consent to the use of any of the information provided herein, subject to the rights and limitations under the DPA, I/we may communicate with the Land Bank of the Philippines's Data Protection Officer at customercare@landbank.com, and may lodge complaints with, and/or seek assistance from the National Privacy Commission.
I/ We understand that my/our basic credit data, as well as any regular updates or corrections thereof, are mandated to be submitted to the Credit Information
Corporation ( CIC) pursuant to R.A. 9150 and its Implementing Rules and Regulations for consolidation and disclosure as may be authorized by the CIC. Consequently, my/our basic credit data may thus be shared with other lenders authorized by the CIC, and other reporting agencies duly accredited by the CIC, for the purpose of
establishing my/our creditworthiness.
I/ We understand and agree that additional data privacy provisions, not stated in this form, may be required by the financial institution.
I/ We have read and understood and consent to be bound by all the terms and conditions stated above
TERMS AND CONDITIONS
6 Name, address, gender, age, marital status, contact details, birthday, SSS/GSIS, TIN, education, employment or financial or medical information, spouse details, preferences, behavior, and other information classified as "personal data", "personal information", or "sensitive personal information" under the DPA, and those of the Borrower's authorized representative/s, as well as accounts, transactions, and communications.
