Banco Provincia Relaunches Personal Loans for Non-CENDEU Individuals: Eligibility, Features, and Application Process

In an effort to promote financial inclusion and offer favorable credit conditions, the Banking sector relaunch its line personal loans. This opportunity is specially designed for those who are not registered in the Principal Debtors of the Central Bank of the Argentine Republic (CENDEU).

Who is eligible for the loan?

Eligibility to access this particular loan is clearly defined: it must be people who do not appear as debtors in the CENDEU from December 2023. This means that no credit cards, overdrafts, loans or any other credit product can be registered in this database at the end of last year.

Features of loan

• Loan amount: Up to 20 million pesos can be requested.
• Interest rate: fixed at 55% annually.
• Return time: 24 months, with fixed monthly payments.
• Tax per $100,000: $6.956,19.

Read also: Who can access credit up to $15,000,000 payable in 60 months

How to apply for the loan

Those interested in applying for the loan can do so through two main methods:

• Home bank: By logging in with their usual credentials, they can complete the online application process.
• Branches of Banco Provincia: It is also possible to manage the loan in person at any of the bank’s branches.

The requested money will be credited to the applicant’s account within 24 hours of receiving the loan approval.

How do I know if I am registered as a Non-CENDEU

To determine whether a person is eligible for non-CENDEU, Banco Provincia offers a link on your website where interested persons can enter their CUIT/CUIL. They must review their credit history from the past 24 months and verify that They have not been reported as debtors since December 2023.