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Argentine Banks Publish October Loan Terms for Retirees, With Nación Adding Three Lines

Digital-only applications feature income-linked installment caps with rapid funding on approval.

Overview

  • Banco Nación details three products for retirees and pensioners: Nación Previsional BNA at a fixed 66% TNA, a Nación Previsional line for non-clients at 96% TNA, and a short-term Adelanto de haberes at 90% TNA.
  • For Nación’s personal loans, quotas cannot exceed 35% of the applicant’s net monthly income, and repayment is structured in fixed French-amortization installments.
  • The Adelanto de haberes line offers $20,000 to $500,000 with instant processing through BNA+, single-payment cancellation at the next benefit deposit, and automatic debit from the account.
  • BBVA markets fully online personal loans for retirees up to $40,000,000 with terms up to 60 months and published rates between 133% and 141% TNA, subject to a 30% quota-to-income limit and eligibility requirements.
  • Banco Provincia maintains loans up to $50,000,000 at a fixed 98% TNA with terms up to 72 months and automatic accreditation within 24 hours after approval via home banking or BIP Móvil.