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When the Minimum Vital Income is charged in March according to each bank

Date: March 20, 2023 Time: 19:50:58

Many people in a situation of vulnerability and who receive the Minimum Vital Income (IMV) have seen how it has increased in value by 15% in recent months, as announced by the Government. But also, at the beginning of February a new condition was introduced that broadens the requirements of the applicants, so that more people can access this social benefit.

And it is that as of this month the Government of Spain has launched the so-called employment incentive, so it is already possible to compare the salary received in a job at the same time that the IMV is collected. To understand how this option works, it is important to know that as the worker’s salary increases, the amount of the aid will also vary.

The objective of including these novelties is to ensure that the delivery reaches more people. In fact, the IMV bus continues its tour of the country to inform and facilitate the application to citizens. Let’s see the key dates to collect it at the bank starting next month.

What is the IMV collection day in March 2023

Social Security warns that “the right to collect the Minimum Vital Income benefit will be born from the first day of the month following the date of the application benefit.” This means that the beneficiary will begin to receive this aid as of March 1.

On this occasion, as the date coincides with a normal business day, it is likely that there will be no variations in your payment. Likewise, each bank could choose to advance or delay the payment. The entities that usually advance the non-contributory benefit are the following:

CaixabankBanco SantanderBBVADeustche BankAbancaBankinterUnicajaBanco SabadellINGLiberbankCajasurKutxaBank

Amount and how to know if I have been approved by the IMV

Although it is a general aid that many citizens can receive, it is possible to know in what state the request for the Minimum Vital Income is, so that we know if it has been approved or, failing that, rejected. In addition, it is possible to consult it through the Social Security website, since it has enabled a simulator for all the procedures related to this non-contributory aid.

The right to enjoy this subsidy is maintained as long as the users continue to meet the established requirements and obligations. Over the last few months, due to the many changes, some citizens may not be very sure if they fit in and can apply.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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