If you are an employee, a former employee or an pensioner and you need a loan, the best way is to contact the institution itself, which offers various forms of personal loan capable of responding to all possible financial needs and to meet them. to every economic need. To be able to opt for the credit solution most suited to your needs with an interesting interest rate and with an appropriate debt repayment method, based on your creditworthiness, you must follow a useful guide that allows you to answer all the questions. that may arise regarding the financial product.
The loans are similar to the other types of loans that we find on the credit market, the only difference with respect to the “canonical” financing concerns the financial capital provider: in fact, for loans the provider is the same entity or the National Social Security Institute for Public Administration Employees headed by the INPS .
Due to the different subject supplying the loan, the interest rate on loans is more convenient and advantageous than that applied by a credit institution or a finance company.
The loans disbursed by the social security institution can be requested exclusively by employees, former employees and retirees of the public administration who, during the performance of the public service, have correctly and regularly paid the contributions to the social security institute.
In addition to the aforementioned economic requirements that guarantee the possibility of obtaining the loan, personal requirements such as:
Based on the requests of its employees and the needs of the applicants, provides different types of personal loans that we can outline below:
To apply for any loan it is necessary to present the following documentation :
In general, an loan is provided by the same National Welfare Institute for employees of the public administration, but if does not have the funds available to provide the financial capital necessary for its employees, forwards the loan request to other credit institutions with which it has entered into agreements. In this way, alongside the direct disbursement of , there is that mediated by other financial and banking institutions.
The loans disbursed by the National Institute of Welfare for Employees of the public administration are really convenient and at a rate of reduced interest as it is the same social security institution that guarantees the repayment of the loan for itself: TFR availability, employees’ salary, contributions paid constitute an endowment of financial resources from which it is possible to draw.
Let’s see for each type of financial loan or loan which interest rates are applied:
The option of sale of the fifth of salary or pension is really an ideal and attractive solution because it allows you to get a healthy amount of financial capital also with a monthly payment that is deducted directly from net monthly salary: the return of principal guarantee and less problematic in the presentation of the documentation and in the exhibition of further guarantees.
According to the fifth assignment legislation, the loan also includes an installment that cannot exceed 1/5 of the monthly salary or pension and the amortization plan cannot exceed 120 monthly installments , equal to 10 years. The method of repayment of capital with a salary transfer can also be requested by subjects who have been protested or included in the category of bad payers as the monthly payment is deducted directly from the employer.