Banco Provincia announced the launch of a new line of personal loans for small parts in homes, with a maximum amount of 100,000 pesos and a fixed rate of 2% per year. Is about Renovate Province
The proposal offers a special credit for the purchase of construction materials so that Buenos Aires citizens can improve the housing conditions of their homes with a low financing cost, thanks to a subsidy in the interest rate provided by the provincial government.
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The financial entity, detailed that those who want to acquire the loan can manage it digitally through the Internet Banking Province BIP, while clarifying that it has a maximum amount of 100,000 pesos and is granted in a single term of 60 months.
“For this period, the person pays a fixed interest rate of 24% per year, less than half the cost of a common personal loan,” they noted.
Provincia Renueva is aimed at all public and private sector workers who receive their salaries through Banco Provincia accounts and have a positive prequalification. In addition, they must reside in Buenos Aires territory.
Once the person processed the loan through BIP Province Internet Banking, the money will be credited to a Visa card in his name, which will arrive at his home and can only be used in businesses related to the construction sector , such as hardware stores, paint stores, lumber companies, lighting and materials, among others.
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