Young people are always the customers to tempt because they are the future and in a context in which inflation remains high and the cost of living is increasingly expensive, banks are looking for these new customers.
“As part of initiatives related to financial inclusion, our entity continues to promote its preferential credit lines for students and young graduates, with new advantages in the interest rate”, they explain from Banco Ciudad, relaunching a product that already existed but which becomes fundamental for the segment of university students and young graduates with broad destinations.
This loan allows access to an amount of up to 10 million dollarsTO a maximum period of 48 months and with a new fixed rate between 57% and 59% of the nominal annual rate (TNA).
A month ago, rates offered for those same loans were generally 68%. And 66% for female students or graduates of “STEM” careers (science, technology, engineering and mathematics).
Aspiring for financial inclusion, these loans are open to youth from across the country and “they allow the figure of guarantor for those who have no income of their own” and are complemented by specific banking services, benefits and exclusive promotions.
Who can apply for this loan up to 10 million dollars
- Directed to over 18 years
- Students coming from university, post-graduate or tertiary courses, who are in their last year of high school, or graduates of university or tertiary courses which they have obtained in the last 5 years.
Also, accompany especially women in science and technology, one of the sectors of the economy with lower female participation Around the world, and particularly in Latin America, students and graduates of careers in these sectors can access that money at a fixed interest rate of 57% TNA. With this rate, “this loan is among the most competitive in the financial system,” the City said.
For the rest of the students the rate is fixed at 59% TNA.
The complete offer for students and young graduates is available in all areas of influence of Banco Ciudad: CABA, Buenos Aires province, Córdoba, Río Cuarto, Mendoza, Salta and Tucumán. Management is online through the exclusive microsite on the Bank’s website: https://www.bancociudad.com.ar/institucional/micrositio/ Estudiantes2022
The offer includes. Moreover, open a savings account and debit card, totally free, plus one credit card which “allows access to a series of exclusive promotions, such as the reimbursement of the first installment of the school fee by joining the automatic debit”, and discounts and 6 interest-free installments for the purchase of technology on Tienda Ciudad, the marketplace of the Municipal Bank. Likewise, it provides access to online training for financial management.
Students and young graduates can also access financing and specific solutions for renting for the first time or renewing the rental contract.
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Source: Clarin
