Not all applicants for the Banco de la Nación’s Multiple Loan have the possibility of obtaining a high amount. Learn about its main features and benefits.
Like any banking institution, one of the most important services offered by Banco de la Nación is loans. Although this service is intended for public sector workers and pensioners of the ONPis presented as a great option for citizens due to its low annual interest rates. Although it is a relevant factor to obtain the MultiRed Credit, it does not completely determine the amount that you can request, since this will depend on your age.
For more than five decades, the Bank of the Nationone of the most prominent financial institutions, has supported its clients through various financial services offered in different modalities. These services are adjusted to the applicant’s capacity, which makes the bank a competitive option in the Peruvian financial market.
Loans at Banco de la Nación: What is the maximum amount they can grant me, depending on my age?
The program Multired Loan facilitates access to bank loans for active employees and pensioners of the public sector who, upon receiving their salary or pension, have a savings account in the Bank of the NationThe amount of the Multired Loan is established according to the client’s payment capacity, based on the income received through his or her savings account. Likewise, the BN provides a differential in the request for maximum loan amounts depending on age:
- Between 18 and 60 years old: Term of up to 48 or 60 months; maximum amount of S/ 50,000
- Between 60 and 75 years old: Term of up to 48 or 60 months; maximum amount of S/ 19,000
- Up to age 76: Term of up to 48 months; maximum amount of S/ 19,000
- Up to age 77: Term of up to 36 months; maximum amount of S/ 19,000
- Up to age 78: Term of up to 24 months; maximum amount of S/ 19,000
- Between 78 and 83 years old: Term of 24 months; maximum amount of S/ 2,000
- Between 83 and 84 years old: Term of 12 months; maximum amount of S/ 2,000
What loans does the Banco de la Nación provide for everyone?
He Bank of the Nation Banco de la Nación offers a total of four types of loans aimed at pensioners and public sector employees. Each of these loans has specific purposes, so it is essential that the applicant carefully analyzes the proposal that he/she will send. In this way, the application, the process and obtaining the loan will be carried out without setbacks. Below, we present the loan options offered by Banco de la Nación:
- MultiRed classic and/or agreements: This freely available loan is intended for employees and retirees, who can request between S/300 and S/99,999, with a payment term of up to 60 months. It is essential to have a Banco de la Nación debit card and present the last pay slip, among other requirements.
- Debt Purchase Loan: Aimed at users with a normal rating or those facing financial difficulties in the risk center, this credit allows you to request up to S/50,000 with a term of up to 60 months for repayment. A MultiRed debit card from the bank and documentation proving the ability to pay are required.
- Payroll deduction loan: This loan allows you to obtain amounts between S/300 and S/50,000, with the advantage that the reimbursement is deducted directly from your salary. The required documents are similar to the previous ones, including the most recent pay slip and proof of debts to be settled.
- Student Loan: Designed to finance educational programs, from technical courses to postgraduate studies, this loan covers between 20% and 100% of the cost of the program. A debit card, ID, and the ‘Pre-Registration’ form issued by the educational institution are required.