The bank offers various types of loans with good terms and low interest rates.
The Banco Itaú loan is a solution for those who need to organize their financial life or increase their budget. As well as not having to justify a reason for withdrawing the money, you can also count on competitive interest rates and great ease of obtaining.
In fact Itaú is one of Brazil's largest banks and one of the most trusted institutions in the area. As such, you have plenty of guarantees to take out a loan, whether you're an account holder or not. Read this article to the end to find out more about the loans Banco Itaú offers and how to rent them.
Banco Itaú loan: how it works
First of all, it's important to note that Itaú has several lines of credit for those who are already customers of the bank and for those who don't yet have an account or don't want one.
And what does that change?
Well, you could say that taking out a loan is usually easier if you already have a relationship with a bank, especially since there are some lines of credit available to take out through self-service channels (online banking, app, ATM, etc.).
So, if you have an Itaú account, you can get a loan through one of these channels or directly at the branch, but I recommend that you prefer self-service, so you don't have to queue or go to a branch.
If you don't have an account with Itaú, you can get a loan 100% online by registering on the bank's website.
Interest on Banco Itaú loan
As the bank accepts different types of loans, the interest rate can vary depending on the type you choose.
To give you an idea of the price charged, the monthly interest was 2.70% in a simulation done on the bank's website asking for R $ 14,200.00. If you compare this rate with other banks on the market, you'll see that it was below average, i.e. 4% per month.
Therefore, when simulating a loan, we recommend that you include the interest rate demanded by the bank, because the lower it is, the better it is for you.
Amount and date of payment
It should also be noted here that the amount of loan available and the duration of repayment may differ depending on the method chosen.
For an online loan for those who don't have an account, the bank doesn't set a limit on the amount you can borrow, but you must pay it back in a maximum of 36 installments.
In addition, Itaú also works with the loan modality, so you can withdraw your money in one day and pay it back in a few days (between 7 and 63). But beware: this is a loan that can only be applied for at Itaú branches.
Some other lines of credit allow you to request larger amounts from the bank and pay over longer periods, but you should check this on the spot during the simulation.
The good news is that Itaú offers a unique advantage on many of its loans: up to 90 days to pay the first installment. This way, you can use the money to get your plans off the ground immediately and pay it off in three months.
How to apply for a loan from Banco Itaú: step by step
Now that you know all about Banco Itaú's loans, it's time to learn how to apply for yours. The process is very simple and you can do it all without leaving home.
Account holder or existing account holder
If you have an account with Itaú, you can take out a loan directly through the bank's self-service channels, including online banking and the smartphone app. You can also simulate the loan on the website.
Non-account holder
If you don't have an account and want to apply for a loan from Banco Itaú, you can do so directly on the bank's website. Just follow the steps below:
Go to the website and enter your details in the corresponding field to start the simulation. At this point, you will need to enter your full name, CPF, e-mail address and cell phone number;
After clicking on the "Start simulation" button, a page will open where you must first enter the amount required and the date of the first installment;
When you're ready, choose how often you want to repay the loan;
The page shows a summary of the operation and you should check that all the information is correct;
After clicking on "Continue", you will have to enter the details of the account where the money will be deposited. Remember that this account must be yours and can be either a user account or a savings account;
Finally, you must enter your profession, monthly income and contact information;
After clicking on "Continue", you will see a page informing you that the link has been sent to your cell phone via SMS. After receiving the message, click on the link and follow the bank's instructions to confirm the transaction. Prepare an identity document.
See how easy it is? So what are you waiting for? Click on the button below and apply immediately for a loan with the best conditions available on the market today.
Research source: Itaú
