Summary
"the pensioner credit is a credit specifically granted to retired public servants/private sector staff with monetary pension right from any public or private entities and non-government organisation whose pension is transferred to and received at a dedicated account at BNCTL"
REQUIREMENTS
- Complete credit form
- One color copy of passport size photo (3x4)
- Copy of electoral card from the applicant and spause (if married)
- Copy of retire certificate or retire documents from the relevant entity
- A recommendation letter or evidence of eligibility to pension from the place of work and INSS
- Pension should be transferred and paid through the pensioner’s account at BNCTL.
TERMS AND CONDITIONS
- Maximum credit amount is USD 25,000.00
- Consummative Objetive
- Maximum duration is 5 (five) years
- Reimbursement of credit’s principal amount and interest is to be done monthly
- Guarantee: veteran pension
- Interest 6% per annum
- Administrative fee 2% from the credit limit
- Processing fee USD 10.00- 25.00
- Sanction 12% per annum
Form for Pensioner loan click here