He inter-institutional agreementsigned at the beginning of March, between Bank of the Nation (BN) and the Pension Standardization Office (ONP) will allow thousands of pensioners access credits of up to S/40,000, through the creation of the Platinum Banking, with attractive market rates. Is there an age limit to apply to these loans and what are the requirements? We tell you here.
According to the president of the BN, Juan Carlos Galfre, the rate of these credits “is quite low” compared to the interests offered by private entities. “They are below the rate of a normal consumer loan,” he said.
Credits for ONP pensioners: how much are the amounts?
With the creation of Platinum Banking, more than 600,000 pensioners will be able to access the provision of financial services with amounts ranging from S/3,000 to S/40,000. According to data from the Superintendence of Banking, Insurance and AFP (SBS) as of March 17, the average rate of private banks for a consumer loan amounts to 50.17%. Furthermore, as reported by National bank, If retirees want to be favored with a loan, it will not be necessary to present any endorsement or guarantee in between.
Loans from Banco de la Nación will have amounts ranging from S/3,000 to S/40,000. Photo: Andean
Which are the requirements?
- The retiree must receive your pension in the Bank of the Nation.
- Have original ID.
- Original and copy (or virtual receipt) of the last pension payment receipt.
- Approach, if possible, an agency of the Banco de la Nación for the evaluation of your case.
What will the credit life insurance rate be?
The financing of the credits will have a deduction insurance, which will allow the client to be insured in the event of his death. “Not that we wanted it, but if it did happen, the family would not have to bear the balance of the loan because the insurance fully covers it”, highlighted Galfré.
- Regular from 18 to 84 years is 0.12%, on the debit balance of the loan.
- Adults over 84 years of age is 1.33%, on the debit balance of the loan.
It should be noted that the rates of this insurance are determined by the insurance companies, not by the Banco de la Nación.
Credits for ONP pensioners: Is there an age limit?
The credits that will be offered by the Banco de la Nación Platinum Banking They will not have an age limit for the beneficiaries. To date, the BN has around 99,000 ONP pensioners who have loans, of which 783 are over 90 years of age. The proposal for these credits was born with the objective of serving the population that has normally been ignored by the financial system.
“Pensioners have a very good quality in the fulfillment of their obligations, it is among the best,” said Juan Carlos Galfré, executive president of the BN.
Source: Larepublica
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