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Banco Nación Relaunches +Autos Car Loans With Fixed 38% Rate

The state lender restored the lower rate after earlier hikes froze originations.

Overview

  • The updated line finances up to $100 million with terms up to 72 months for new cars and used vehicles up to 10 years old.
  • Loans are non-collateral and can cover 100% of the vehicle price including VAT, functioning on the borrower’s signature only.
  • Applications are fully digital via the BNA+ app or participating dealerships with facial biometrics and near-instant decisions.
  • Eligibility includes clients and non-clients, with instant digital account and card setup plus discounted insurance through Nación Seguros.
  • BNA notes the rate had climbed to 50% during tighter conditions, curbing volumes that once hit about 300 loans per day, and buyers can use the bank’s online simulator and dealer listings.