Banco Nación launched a series of benefits for its members. Find out the details.
He National Bank has a line of credit available to its retired and pensioned members through the National Social Security Administration (ANSES). These provide accessibility to amounts up to $25,000,000with the possibility of paying them over a period of up to five years. To access these benefits, there are very few requirements to meet.
Retirees with cell phones and computers.jpeg
Requirements to access loans for retirees from Banco Nación
The requirements to access this line of credit are the following:
- Be a retiree or pensioner who receives his or her benefits through Banco Nación.
- The value of the fee must not exceed 35% of the applicant’s monthly net income, which ensures that it is sustainable based on available income.
Interest rates and loan terms for retirees
Nation Pension BNA
- Payment term: up to 60 months
- Annual Nominal Rate (APR): 45.98%
- Annual Effective Rate (AER): 57.03%.
The maximum loan amount is limited by the applicant’s ability to pay, as the installment must not exceed 35% of net income. Available amounts range from $5,000 to $15,000,000.
Pension Nation
- Payment term: 36 months
- TNA: 65.35%
- TEA: 88.94%
This option is for those retirees who do not receive their pensions from Banco Nación. The amount to be requested depends on the applicant’s payment capacity, with a limit of $15,000,000.
Advance on salaries
- TNA: 108.90%
- TEA: 183.60%
It is for those interested in requesting an advance of $500,000, provided that the applicant receives his or her salary at Banco Nación. The minimum amount is $1,000 and is paid in a single installment that is automatically cancelled when the retiree receives his or her next payment.
My retired computer
- Term: Up to 40 installments
- TNA: 43.56%
- TEA: 53.41%
This program was created to help retirees access technological equipment. Up to $800,000 can be financed for the acquisition of computers or related equipment. Requirements include the presentation of the DNI, CUIL and the last two pay stubs.
Source: Ambito
