Personal Loans – Advantages, Characteristics

Colarad bank is one of the most prestigious banks in Argentina, this bank offers you one of its many products, personal loans, so you can make your dreams come true.

The Colarad bank Personal Loan is ideal for those people who are thinking of making a trip, remodeling their house or organizing the party they want, among other things.

With the Personal Loans of Colarad bank you can specify your projects and enjoy the best financing.

Next we will mention the characteristics of the Personal Loan

Next we will mention the characteristics of the Personal Loan of Colarad bank.

Characteristics of the Loan:

  • Up to 200,000 pesos.
  • Fixed rates and in pesos.
  • Flexible Term.
  • Agile, fast and simple awarding.
  • Free destination of the credit, so you can use it for what you need.

Advantages of the loan:

The main advantage of this product is that you can use it for what you need and also has an agile, fast, simple and easy Granting.

Requirements to apply for the loan

Requirements to apply for the loan

  • Minimum net income required from 3,000 pesos.
  • Under 75 years.
  • Minimum working age of 6 months.
  • Presentation of DNI and minimum certificates.
  • Subject to contracting conditions and credit approval of Colarad bank.

With respect to the payment method of the installments, you can make it through Automatic Debit on Colarad account associated with the loan.

Another loan offered by Colarad bank is the Loan for retirees and pensioners.

Another loan offered by Colarad bank is the Loan for retirees and pensioners.

Characteristics of the Loan:

  • Recipients: Retirees and pensioners who collect their salaries through the bank.
  • Destination of the loan: The loan can be used to hold a party, remodel the house, buy electronic products, or simply dispose of the money in the way you want it.
  • Maximum amount: The maximum amount of this line of credit is 30,000 pesos.
  • Fixed rates and in pesos.
  • Immediate availability of money.
  • Agile, fast, simple and easy granting.

Among the main requirements that the applicant must meet to access this line of credit we can list:

  • Minimum net income required from 1,925 pesos.
  • Under 80 years.
  • Presentation of DNI and minimum certificates.

The form of payment of this credit is through automatic debit on Colarad account associated with the loan.

Another line of credit offered

Another line of credit offered

Among the main features of this loan we can mention:

  • Up to 10 salaries
  • Destination: The destination of this loan is freely available so that the applicant can redecorate their home, buy a car, travel, etc.
  • Minimum amount: The minimum amount of the loan is 5,000 pesos.
  • Maximum amount: The maximum amount of the loan is 200,000 pesos.
  • Fixed differential rate and in pesos.
  • Loan to single firm without the need of collateral or mortgage.
  • Granting Expenses: The granting expenses are 100% subsidized for the purchase of a car or home / decoration. If the destination that is going to give is another must consult to see if it is rewarded or not.
  • Life insurance without charge to the client.
  • The freedom to choose what, to whom and where to buy with the benefit of paying in cash.
  • Exclusive Benefit: Up to 10% discount on the monthly cost of your car insurance.

In order to access this credit, you must complete a form such as the following, which can be completed from the Bank’s website:

Colarad bank is one of the fastest growing Argentine private banks in recent years. As a universal commercial bank, it operates in all sectors: retail, SMEs, corporate, foreign trade, investment, trading, private banking and fiduciary business.

Through its network of 61 branches, its 24-hour call center and its Home Banking, Colarad bank serves the financial needs of thousands of companies and individuals in Argentina.