Banco Nación has launched a new line of personal loans with a decreasing tiered interest rate scheme. This innovative proposal aims primarily to facilitate access to credit and improve the repayment capacity of clients, both for consumer financing and personal investments.
Among the advantages of this new loan modality is the progressive reduction of financial costs, which translates into lower installments over time. Additionally, it offers greater repayment capacity, accessibility through the BNA+ app or at the bank's physical branches, and encourages consumption and personal investments thanks to high amounts and a flexible structure.
Those interested in applying for this new loan can do so through the BNA+ app, at Banco Nación's physical branches, or by consulting information on the official website. The financing line is available both for clients and non-clients of the entity, with a maximum amount of up to $50,000,000 and a repayment term of up to 48 months.
The decreasing tiered rate scheme works as follows: In the first year, the interest rate is 55%, in the second year it is 42%, and from the third year until the loan is paid off, it reduces to 25%. This mechanism seeks to lessen the financial impact of the monthly installment over time.
In summary, this new personal loan proposal from Banco Nación aims to provide a more accessible and convenient option, allowing applicants to pay less interest over time and reduce the total cost of the loan.
