At the beginning of March 2023, the Banco de la Nación (BN) and the Pension Standardization Office (ONP) signed an inter-institutional agreement with the objective that thousands of pensioners can access credits up to S/40,000 with attractive rates of financial market. As detailed by the BN, the loans do not require a guarantee or guarantee nor is there an age limit for retirees to apply for the benefits offered by the Platinum Banking.Which are the requirements to know if you can access? We tell you here.
What are the requirements to access credit of up to S/40,000?
- The retiree must receive his pension in the Banco de la Nación.
- Have original ID.
- Original and copy (or virtual receipt) of the last pension payment receipt.
- Approach a BN agency for the evaluation of your case.
BN recalls that there is no age limit for retirees to access exclusive credits. Photo: composition LR/BN
Credits for ONP pensioners: how much are the amounts?
More than 600,000 pensioners will be able to access the provision of financial services, through the Platinum Banking, with amounts ranging from S/3,000 to S/40,000. According to data from the Superintendency of Banking, Insurance and AFP (SBS), as of April 5, average rate of private banks for a consumer loan amounts to 50.18%.
Currently, around 160,000 pensioners have credits in the BN and more than 99,000 belong to the ONP. Of this number, 96% make their payments without problems. “Pensioners have a very good quality in meeting their obligations, it is among the best,” said Juan Carlos Galfré, executive president of this bank. To date, 783 pensioners over 90 years of age have credit with this entity.
To this he added that the agreement between the bank and ONP will allow the product to be enhanced, that is, that Conditions will improve based on age group, amounts, and other details. In addition, it mentions that the so-called Banco de Todos will analyze each case to determine the needs of the pensioner, in such a way that the loan helps them and does not harm them.
lien insurance
The credits to pensioners They will have tax credit insurance in case something happens to the owner, so that their relatives are not left with debts to pay. “It’s not that we wanted it, but if that happened, the family would not have to pay the balance of the loan, because the insurance fully covers it,” said Galfré. Currently, the life insurance rate for the Multired Loan is as follows:
- For adults over 84 years of age, it is 1.33%, on the debit balance of the loan.
- For the regular from 18 to 84 years old it is 0.12%, on the debit balance of the loan.
It is important to emphasize that the rates are determined by the insurance companies, not by the Banco de la Nación.
Source: Larepublica
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