Banco de la Nación grants loans from S/300 to S/50,000 in discount per payroll: see the requirements

He National bank offers its clients a financial product: the payroll discount loan. This service allows workers and pensioners to obtain a personal cash loan, with amounts ranging between S/300 and S/50,000, adapting to the economic needs of each user. In addition, beneficiaries can enjoy flexible terms of up to 60 months for loan repayment, with competitive interest rates.

This type of credit has become a viable and accessible option for many Peruvians who are looking for quick and safe solutions to finance various expenses, whether personal or family. The characteristics, requirements and application process for this financial service are detailed below.

Banco de la Nación: what is the payroll discount loan about?

The payroll discount loan National bank is a financial solution designed to facilitate access to personal credit quickly and easily. This product allows applicants to obtain a cash loan that is disbursed directly into a bank account.

The amounts available range from S/300 to S/50,000, with the possibility of paying them in comfortable fixed monthly installments. One of the main advantages of this credit is that the deduction of the fees is made automatically through the applicant’s return, thus ensuring efficient and timely management of payments.

These are the main characteristics of the payroll discount credit

The payroll discount loan from Banco de la Nación offers various characteristics, among them the competitive interest rate stands out, with a fixed TEA of 8.90% and a TEA that starts at 10.47%. These rates favor clients, providing an affordable effective cost.

In addition, applicants can access terms of up to 60 months for the amortization of the loan, allowing greater flexibility in managing your finances. The amounts to be requested vary depending on the credit evaluation, which ensures that the loan terms are appropriate to the client’s payment capacity.

Loans from Banco de la Nación: what are the requirements?

To access a payroll discount loan from Banco de la Nación, it is necessary to meet certain basic requirements. First of all, you must have a MultiRed Debit Card and a current identity document, either DNI or immigration card, both original and copy.

You must also present the latest payment receipt (or virtual receipt) no older than 4 months. In the case of CAS workers hired on or after March 10, 2021, the latest contract and its respective addendums must also be presented, demonstrating a minimum work seniority of 13 months.

For those who wish to consolidate debts, original supporting documentation and a copy of the debts to be settled are requested, such as credit card account statements or debt settlement for consumer loans.

How to apply for the payroll discount loan?

The process to apply for a payroll discount loan at Banco de la Nación is simple and is done in three main steps:

1. Visit an agency: Go to the nearest Banco de la Nación agency, whether in Metropolitan Lima or in the provinces, within established business hours.
2. Credit evaluation: delivers the requested requirements to the bank staff to pass the credit evaluation. Depending on the result of this evaluation, the amount and term of the loan will be determined.
3. Loan disbursement: If the application is approved, the loan amount will be transferred directly to your savings account at Banco de la Nación. Additionally, you will receive a list of contractual documents that you must sign to formalize the credit.