Banco de la Nación provides loans up to S/100,000 for studies in Peru: these are the requirements

The Bank of the Nation offers Loans up to S/100,000 and with deadlines of up to 60 months for citizens in Peru to finance their Higher studies. To do this, the institution will carry out a credit evaluation of the applicants, which defines the amount and the deadlines.

Likewise, the payment can be monthly, by means of fees and fixed payment dates; It even has the option of total or partial advance payment. This loan has an annual effective rate (ASD) of 10% and an annual effective cost rate (TCEA) from 11.58%. Next, we tell you more details about this modality of financing.

What are the requirements to access the loan for studies of the Bank of the Nation?

First, the Bank of the Nation indicates that, if the requested loan is not enough to cover the entire cost of the educational programthe banking entity will proceed to verify that in the applicant’s savings account there are the necessary funds to guarantee complete transfer to the Educational Institution. In case the required amount is not available, the bank will contact the applicant so that it can pay the pending difference. To access these options, those interested must meet these requirements:

• Have one Debit card Bn.
• Deliver the national identity document (DNI) Original or foreign, original and copy card.
• Original and copy (or virtual ballot) of the last payment ticket (for worker or pensioner), with antiquity not exceeding 4 months.
• For CAS workers whose labor income date is 03/10/2021 onwards, they must additionally submit their last original contract and addendes or copies federed thereof. Documents must demonstrate a minimum labor of 13 months.
• Pre -registration format, here granted and visa by the educational institution.

What are the benefits of the loan for studies of the Bank of the Nation?

• Access to Specialization programs With technical level, high specialization programs at the post -grade level, specialized master’s degree, undergraduate and postgraduate training studies, doctorates and expenses for obtaining the magister/ doctor’s degree.
• Financing From 20% or S/ 300.00 to 100% of the program to choose from universities that maintain agreement with the Bank of the Nation.
• Access to exclusive discounts in the most prestigious educational centers in the country.

It should be remembered that amounts and deadlines may vary according to the applicant’s age. We show you a picture with information from the Bank of the Nation about this condition.

What are the documents required by the Bank of the Nation to provide the loan for studies?

How to request the loan for studies of the Bank of the Nation?

First, the applicant must approach the agency of the Bank of the Nation closest to his home, in Metropolitan Lima or in provinces, within the established care hours.

Second, the applicant has to deliver the requirements requested to the bank’s care personnel to pass the Credit evaluation. According to this, a loan can be accessed with a specific amount and deadline.

Third, if the application is approved, the amount will be disbursed directly to the savings account which has in the Bank of the Nation and then transferred immediately to the educational institution. In turn, the staff will deliver a list of Contractual documents that you must sign. If you have additional consultations on the loan, you can contact the free line 0 800 1 0700 or write to the email miprestamomultired@bn.com.pe.

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