Littlest INPDAP Loan
The loan market is always changing, and as a result, there are currently a variety of low-interest loan options from which we can choose.
Request an INPDAP agreement loan
What is a small loan, and for whom is it intended?
Public employees who are currently employed or have retired and are members of the Credit Fund as well as personnel hired by the Italian Post Office who are a part of the Credit Fund Management ex POST are eligible to apply for loans through the INPDAP Small Loan unit management of credit and social benefits.
Candidates must fulfill the following requirements:
- possess a stable and ongoing source of income
- have accumulated at least one year’s worth of retirement-relevant service
- possess a permanent contract or be bound by a fixed-term agreement for a minimum of three years.
The amount due is not excessive and will not exceed four net months of the employee who fulfills the request.
This sum needs to be paid back within a pre-determined time frame, which can be anything from a minimum of 12 months to a maximum of 4 years.
Another option to get more money entails being able to request merely two net months’ pay every year for four years to get an amount equivalent to eight salaries or pensions.
Request an INPDAP agreement loan
The Small Loan is repaid in what way?
The consumer will not need to keep in mind to include a payment slip with each installment for the debt balance once they have signed the contract to receive the INPS loan.
Instead, the agreed-upon monthly sum will be deducted automatically from his pension or wages without his involvement.
Depending on how many monthly payments are requested, the length of the debt balance fluctuates.
If only one month’s salary is required, the repayment period will only be one year; if two months’ salary is required, the repayment period will be two years; and so on.
The second credit option, which requires payments over eight months, is calculated using the same formula.
If it is decided that one will no longer carry the debt, the unpaid balance may be returned in a single payment at any time, ending the creditor’s responsibilities to INPS.
How to submit a request and when can you expect a small loan
The process to submit the application and acquire liquidity is relatively straightforward once you have carefully considered your options and decided to open this form of loan.
The applicant must use one of the following methods to access the INPS website from his personal area:
- Level 2 or higher SPID
- PIN generated by INPS directly
- CIE, a digital identity card
-
CNS, National Service Card
Alternatively, the subject can physically go to the nearest patronage. For retirees, a contact center service is also offered (803 164 from a landline, 06 164 164 from a mobile).
After logging in, you must proceed with the site’s instructions and submit the following information for yourself:
- a copy of a valid ID
- (One copy) of the most recent payslip or pension slip
- To certify the legitimacy of the aforementioned papers, a declaration in lieu of a notarial deed is used.
The Organization will evaluate the application’s validity after it has been finished and submitted before approving it. The consumer will complete the last steps of the process to officially activate the loan within 48 hours of receiving notified of the check.
The above-mentioned communication will be delivered via text message, email, or other addresses specified when submitting the application.
The maximum waiting period to collect the money after the filing is closed is 45 to 60 days.
What occurs if there is a liquidation?
If the debtor’s employment status changes while the debt is being repaid, the dynamics that emerge will depend on the circumstances.
The information will be given to the new competent body even if the employee just switches jobs while continuing to work for a public administration or, more simply, should terminate his employment agreement to retire. In the first scenario, this will continue with the payroll deductions or ‘transfer’ them to the pension.
On the other hand, if the employee loses his job, the remaining money will be deducted either immediately from the severance indemnity (TFR) or from any potential indemnity awarded.
The person will need to independently make arrangements for the repayment if the sum is insufficient to pay off the loan.
Should the applicant pass away, the debt will be deemed cancelled and will not be passed on to the applicant’s heirs.