Get your loan of up to S/99,999 at Banco de la Nación for Christmas without endorsement or guarantor

The Banco de la Nación has released a new MultiRed loan with promotional rate for this Christmas. Public workers and pensioners will be able to access this campaign that offers from S/300 to S/99,999 in cash credit and payment terms of up to 60 months without credit guarantee.

According to the state entity, interested parties can obtain said credit after prior credit evaluation. Next, we invite you to learn how to apply for this MultiRed Christmas Loan promotion and what the Annual Effective Cost Rate it offers is.

MultiRed Loan: what are its benefits?

• It is a freely available loan.
• It is aimed at public sector workers or pensioners, who receive their monthly income in the Banco de la Nación.
• You can access payment terms of up to 60 months.
• The promotional CAGR is 11.58%.
• The regular TEA starts at 14.49% and the promotional TEA of 10% is valid from November 15 to December 31.
• You can access more information about rates and commissions HERE.

What requirements do they require to access the loan from Banco de la Nación?

MultiRed loans from Banco de la Nación are flexible and are available for those who are active workers or pensioners in the public sector, as long as they receive their income through this banking entity. To request a loan of up to S/99,999, it is necessary to meet the following requirements and consider the following points:

1. You must be a customer applying for a loan for the first time, who has paid off previous loans before the start of the campaign and has paid the last installment on time.
2. It is a requirement to have a savings account at Banco de la Nación and be subject to a credit evaluation.
3. Your rating in the risk center of the Superintendency of Banking and Insurance must be “normal, not defined or not reported.”
4. For CAS workers with a job entry date on or after 03/10/2021, it is required to demonstrate a minimum length of service of 13 months, presenting the latest original contract, addendum or copy. Those with an entry date prior to 03/10/2021 are not subject to this requirement.

The Christmas campaign will be valid from November 15 to December 31, 2023.

This is the promotional rate of the MultiRed loan

According to the Banco de la Nación website, for this Christmas campaign an Annual Effective Cost Rate of 11.58% is offered, which is calculated considering an Annual Effective Rate of 10% for a loan of S/16,000 to a term of 60 months, whose monthly payment would be S/349.54 (considering November 15 as the disbursement date).

How to access the MultiRed loan from Banco de la Nación?

If you meet the prerequisites, you can start the application for the MultiRed loan through a message on WhatsApp or through their other service channels. Please note that you must present the following documents that we list below:

• MultiRed Debit Card
• Original DNI or copy of the immigration card
• Original or copy of the last payment receipt, the maximum age of which is accepted is four months.