Today we want to address the issue of loans with you. What are we talking about? Of a type of loan disbursed not by a credit institution but by itself, or the National Welfare Institute for Public Administration Employees, an integral part of the well-known INPS. But how exactly does this credit line work and how can it be requested? These and other questions will be answered in this practical guide.
The types vary according to the specific financial needs to be met and are differentiated on the basis of the disbursable capital, the duration of the amortization plan and the repayment method.
When the subject matter concerns one’s finances, questions and doubts are the order of the day. If this were not the case, a serious subject such as a loan would be wrongly taken into account. Here therefore clarified here the most frequent question marks.
This is a credit solution reserved exclusively for employees, former employees and retirees of the public administration . The conditions to be met are:
The loan application will be accompanied by:
After 24 months of service as an employee and the payment of the related contributions.
Yes. Indeed, it is facilitated. Why? Because does not need guarantees on returns. In the event of insolvency, in effect, it can draw on the contributions paid, the TFR available and the salary of the borrower. For small loans with a repayment up to 2 years, the interest rate is 3.50%, while for loans with repayment over 2 years it is 4.25%. With regard to mortgages, we are dealing with a fixed rate of around 4.15% and a variable rate of around 3.75%.
No. The loan is not finalized and does not require the presentation of documents that prove the use that you want to make of the capital.
Yes. The product for these cases is the small loan, which offers a rate of 4.25%.
Yes. If your needs so require, it is possible to agree on an amortization plan lasting more than 10 years, with a consequently reduced monthly payment.
Yes. The recipient does not need to be the loan applicant. actually offers subsidized loans, for example for scholarships and stays abroad for children of members of social security.
Yes. The solution in this case is the loan delegation of payment . The employer will automatically deduct the amount, but unlike the fifth assignment, he can decide whether to accept or refuse this type of commitment.