Banco Provincia expanded the amount of the loan for private home workers – Central de Noticias

The line now grants up to $248,000, over a 36-month term with a fixed rate of 75% annually. More than 1,700 loans have already been granted.

The new line of financing for workers in private homes that the Buenos Aires public bank put into operation on August 1 has already granted more than 1,700 loans for 251 million pesos. From now on it has a new maximum limit of 248 thousand pesosalmost 100 thousand pesos more than what it had at the time of launch.

The credit It can be requested at all Banco Provincia branches y It is not necessary to be a client of the entity previously to request it. Has a special rate, fixed installments and it is a single signature. In addition, those who prefer can request a credit card instead of the loan.

6 questions and answers about the new Banco Provincia loan

1. Who can access?

Any person registered in AFIP under the Special Regime of the Employment Contract for Personnel in Private Houses. It is not necessary to be a client of the Bank to request it.

2. What are the loans like?

The maximum amount is 248 thousand pesos, the equivalent of 1.7 minimum vital and mobile salaries. The loan is paid in 36 months. The monthly fee for every 100 thousand pesos is 7,044 pesos. The loan payment cannot affect more than 30% of the person’s monthly income. The minimum amount that can be requested is $50,000.

3. What is the interest rate?

The rate is 75% per year and is fixed. It does not change during the 36 months of the loan.

4. How is it requested and what documentation is needed?

The loan is processed at the branches. Those who are already clients can do so at the branch where they usually operate. It is important to remember that all users of the DNI Account digital wallet are clients of Banco Provincia and have a free savings account, which the application opened automatically. Those who do not yet operate with the Bank can process financing at the branch of their choice; they only have to present their National Identity Document.

5. How do you know in which branch the savings bank associated with the DNI Account is located?

DNI Account users can easily find the branch where they have their savings account at: www.bancoprovincia.com.ar/web/trabajadoras_es.

6. How to apply for a credit card instead of a loan?

Those who are able to obtain credit from the new line have the alternative of requesting, by simply presenting their ID, a Visa credit card. In this case, Banco Provincia offers: unified limit for purchases in one payment and in installments, subject to credit rating; bonus for annual renewal and monthly maintenance of plastic; 40% refund, with a limit of $6,000, on the first purchase in installments as a welcome gift.