What are Social Institute loans and what do they offer to civil servants ? These loans are highly appreciated as they have facilitated repayment terms, designed to meet the most diverse needs. We highlight the products available, the rates and the related refund conditions.
Small loan for civil servants: credit with no strings attached
Social Institute loans to civil servants: the Small Public Management Loan. It is a loan that allows you to face any small unexpected event, in fact, no motivation or documents relating to the expenses incurred are required.
The beneficiaries are represented by public employees and pensioners registered in the unitary management of credit and social benefits. The sums that these can obtain change in relation to the salary or the pension: from a monthly payment up to eight. The repayment is made up of 12, 24, 36 or 48 monthly installments.
Social Institute Loans Rate Small Government Agency Loan
The nominal annual rate is 4.25%. As far as expenses are concerned, there are administrative charges for 0.50% and risk provision premium. Those interested can send the request to Social Institute.
Employees must collaborate with the reference administration to forward the request, while retirees must use a telematic solution directly: from the Social Institute site to the Contact center via the patronage.
Sale of the fifth Government Agency: why choose multi-year Loans
Another valid loan that falls within the field of Social Institute loans to civil servants is represented by the multi-year direct management loan. The beneficiaries are the same as for the Small Loan.
The repayment plan is based on the assignment of the fifth (installment not exceeding 1/5 of the monthly allowance) for a duration of five or ten years (60 or 120 monthly installments).
In spite of the Small loan, the reason for the request must be indicated and this must be consistent with the purposes set out in the official Social Institute regulation.
Government Agency loan rates 2017: Tan 3.50%
The nominal rate is 3.50% and just like the Small loan there are administrative charges (0.50%) and risk provision premium. Moving on to the request, on the other hand, we detect the sending in an electronic form.
The employee must use the reference administration to submit the application, while the pensioner must directly use the potential of the Social Institute website: it is necessary to access the reserved area and have the PIN, a personal identification code issued by the social security institution.