The institution will finance up to 100 million pesos (220,462,000 pounds) with a term of up to 72 months
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Banco Nación (BNA) announced this Thursday a new edition of fixed-rate loans for the purchase of cars, both brand new and used, which includes several dealerships in Córdoba.
Additionally, this new stage of the "+Autos" personal loan plan includes a reduction in the fixed nominal annual interest rate (TNA) in pesos, set at 38%.
Se podrá comprar autos usados y cero kilómetro en cuotas a tasa fija.
This update represents a decrease of 12 percentage points compared to the previous rate, which had reached 50%.
According to BNA, this adjustment was made possible thanks to a more relaxed monetary outlook, reversing the situation caused by the surge in rates that followed the end of LEFIs and electoral volatility.
More details about the relaunch of the +Autos line
Maximum amount: Up to $100 million is financed.
Coverage: Covers 100% of the vehicle's value, including Value Added Tax (VAT).
Repayment term: Terms extend up to 72 months.
Eligible vehicles: Finances brand new or used vehicles up to 10 years old, with no distinction between domestically produced or imported units.
Types of units: Includes cars, pick-ups, and utility vehicles.
The application process remains 100% online, which begins directly at dealerships participating in the program. To start the process, applicants only need to present their national ID.
Additionally, bank includes services associated with the loan, such as instant account opening and digital card, as well as access to digital insurance quotes and enrollment with Nación Seguros, with exclusive discounts for those who take out the loan.