Banco Nación lowered personal loan rates: who can access

Banco Nación lowered personal loan rates: who can access

February 9, 2024 – 14:37

The maximum amount of the line is $2,500,000 with a term of 18 months. It is for retirees and pensioners.

With the aim of continuing to promote financial inclusion and provide retirees with additional support, the Banco Nación (BNA) ordered a rate reduction of 22 percentage points for personal loans intended for the pension segment.

“Through this initiative, the entity seeks to provide credit assistance to a greater number of retirees and pensioners who receive their salaries in BNA, giving them the possibility of accessing larger amounts with more convenient installments,” said the president of the entity, Daniel Tillard.

As an example, for a loan of $100,000, over 18 months, you will pay an approximate monthly payment of $11,700. The maximum amount of the line is $2,500,000 with a term of 18 months.

Who can access the new loans from Banco Nación?

  • Retirees and/or pensioners and/or retirees in general who receive their salaries at Banco Nación.

What can I use the new loans from Banco Nación for?

Personal loans from Banco Nación at a low rate for retirees and pensioners can be used for any purpose.

Maximum amount that can be requested, rates and term

The maximum amount, always in pesos, will be that which arises from an impact on income in which the fee does not exceed 30% of net assets. For terms of 12 to 18 months: maximum amount of $2,500,000.

The loans will have a fixed TNA of 88% and a TEA of 133.91%.

Income impact

Up to 30% of monthly net income, considering other debts you have in this or other entities.

Source: Ambito

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