According to Caixa, Brazilian workers have up to three years to repay the loan, with a minimum amount of R$ 2,000.00.
That's why today we're going to talk about yet another government action to minimize the effects of the pandemic crisis in the country!
Caixa Econômica Federal has guaranteed the payment of up to three installments from the Severance Indemnity Fund (FGTS) on the anniversary of retirement.
The birthday bonus is the FGTS bonus made available to employees in the month of their birth.
An employee can request a leave of absence for up to three years from an anniversary retirement.
The amount corresponding to the related FGTS acts as collateral for the loan, which is simple and bureaucratic.
If you request a 2-year advance, the due date will be the 2 years in which the anniversary payment was advanced, and so on.
The money is released digitally (digital savings), through Caixa's own app, without the need to go to the branches in person.
Advantages of an FGTS loan
In addition to a lower interest rate than normal, an FGTS loan has other benefits. Check them out:
Annual interest: 12.54%;
Minimum loan amount: R$ 2,000.00
The benefits can be expected for up to three years;
Take out a loan quickly and easily;
Money in the account 24 hours after sending the order;
No monthly payments. The loan consists of blocking the balance in the FGTS account and waiting for the anniversary payment.
How do I apply for an FGTS loan?
The request is very simple. It can be done through Caixa Online Banking or the FGTS app, both of which are free and available for Android and iOS phones.
*Research source: https://www.fgts.gov.br/Paginas/home.aspx
