Is the loan from the National Savings and Provident Fund, where the full amount is paid to the seller and the bank benefits by 1%, considered usury (riba)?

Usury (Riba) is among the definitively forbidden acts that are only permissible in cases of dire necessity, which is when a person reaches a point where, if they do not consume what is forbidden, they will perish or be on the verge of perishing, or if they face a state of danger or extreme hardship. As long as the bank charges interest on the loan, even if small, it is usury (riba), and it is not permissible to deal with it according to that forbidden contract. What was mentioned is not a necessity that permits committing this great prohibition. Therefore, fear Allah, for whoever gives up something for the sake of Allah, Allah will compensate them with something better, and there are many Sharia-compliant alternatives to usury.