The Italian National Institute for Insurance against Accidents at Work (INAIL) has provided instruction regarding a revision of an increase in interest to be applied to loan installments. This is in accordance with Article 2, paragraph 11 bis of the D.L. No. 338/1989 converted by Law 389/1989. From July 1, 1996, the increase was determined to be six points, as outlined in Article 13, paragraph 1 of the D.L. No. 402/1981, which was subsequently modified and converted by Law 537/81.
Pursuant to Article 14, paragraph 1 of Legal Decree No. 38/2026, effective from March 28, 2026, the increase was reduced to two points. Accordingly, for loan installment applications submitted up to March 27, 2026, the deferral interest is the refinance rate of the Eurosystem (ORP) increased by six points. However, for installment applications presented from March 28, 2026 onward, the deferral interest will be the Eurosystem refinancing rate (ORP), increased by two points.
