Banco de la Nación offers loans of almost S/100,000 for Mother’s Day: what is the promotional rate?

There are just a few weeks left to celebrate Mother’s Day in our country and families are already beginning to plan their expenses for this date. For this reason, the Banco de la Nación launched a new loan campaign that is aimed at public sector workers and pensioners, who will be able to access amounts ranging from S/300 to S/99,999.

According to the state entity, interested parties have the possibility of requesting this credit with an attractive promotional rate and in terms of up to 60 months, without collateral or guarantor. Next, review all the details to access this Multired Loan for Mother’s Day and find out what the annual effective cost rate (TCEA) is.

What are the benefits of the Multired Loan from Banco de la Nación?

• It is a freely available loan.
• It is aimed at retirees and State workers, appointed and contracted, who receive their monthly salaries at the Banco de la Nación.
• Provides payment terms of up to 60 months, according to prior credit evaluation.
• The renewal of the loan is carried out by paying 5% of the capital of the current loan.
• The regular TEA is 14.49%.
• The promotional TCEA is valid from April 15 to the 30th of the same month.

Banco de la Nación: check the promotional rate for Mother’s Day

According to the Banco de la Nación website, for this Mother’s Day campaign, a annual effective cost rate of 11.58% which is calculated considering an effective annual rate of 10% for a loan of S/15,000, with a term of 60 months, whose installment would be S/327.52 (taking into account April 15, 2024 as the disbursement date) .

What requirements do I need to meet to access the loan from Banco de la Nación?

To access MultiRed loans from Banco de la Nación, you must be an active worker or pensioner in the public sector, as well as receive your monthly income from said bank. In that sense, if you want to request a loan of up to S/99,999, you must meet these requirements:

• Be a customer who requests a loan for the first time, who has canceled this credit before the start of the campaign and who has made the payment of his last installment during the validity of the campaign.
• Have a savings account at Banco de la Nación and be subject to credit evaluation.
• Have a “normal, not defined or not reported” rating in the risk center of the Superintendence of Banking and Insurance.
• In the case of CAS workers, whose date of employment is March 10, 2021 onwards, they must demonstrate a minimum seniority of 13 months. To do this, they must present their latest original contract, addendum or certified copy of the same.
• In the case of CAS workers, whose entry date is prior to March 10, 2021, they will not be able to demand this requirement.
• The validity of the Christmas campaign lasts from April 15 to the 30th of the same month.

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

If you met the prerequisites, you can start processing your MultiRed loan at Banco de la Nación. To do this, the bank will evaluate you at its corresponding agencies or through WhatsApp at 942896863. Remember that you must present these documents:

• A 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.

Keep in mind that the disbursement will be made directly to a savings account at Banco de la Nación and that the fees can be paid in cash at the counters of any bank or, in any case, you can maintain a sufficient balance in the account. individual savings so that, from there, it is automatically deducted until the day the installment expires.