Through Banco Pan's FGTS loan, it is possible to anticipate the FGTS installment amounts in any month of the year; formally, Caixa Econômica provides workers with an annual benefit that can only be withdrawn in the month of the worker's birthday;
In this way, Banco Pan has opened a new type of loan which consists of an advance payment of these installments; which can be a minimum of R$ 500 and will be paid in up to three installments annually; being a lifesaver for many Brazilians who, for some reason, have had unforeseen circumstances;
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What is it?
It is a type of loan that will cover all types of CLT (Consolidation of Labor Laws) workers who receive FGTS (Severance Indemnity Fund) annually; in which they can anticipate their credit and have the money in their account within 24 hours;
It's worth highlighting that the FGTS loan covers even those with negative credit history; in other words, anyone interested in and needing the credit will be able to obtain it without problems, and best of all, everything is done online
Does Banco Pan offer FGTS loans?
Yes! Banco Pan's FGTS loan has one of the lowest interest rates on the market; at just R$ 1.99, and provides immediate credit after approval
That is, he needs to access the client's FGTS balance to calculate how much of an advance he can receive, since it's included in a loan agreement
However, their rates are extremely low and, depending on the client's situation, it's a real lifesaver, as stated by the payments director of the private institution Banco Pan;
How does it work?
Customers interested in withdrawing their birthday benefits early through Banco Pan will apply for a loan online via the bank's official app. This will authorize access to their FGTS (Brazilian employee severance fund), and on the due date, the funds will be credited directly to the bank
The interest rate accrues monthly, at 1.99%/month, considered one of the best on the market due to its low rates and other associated benefits; see below how to apply and the step-by-step process for contracting without any errors;
Let's say you receive your FGTS (Brazilian severance pay fund) in September and request an advance from Banco Pan (FGTS loan) in July; when that month arrives, Caixa Econômica Federal (a Brazilian bank) will automatically transfer the funds to the private institution in question.
Banco Pan FGTS loan: How to apply?
Applying is very simple and you will only need a cell phone and some information on hand; namely: your ID and CPF (Brazilian tax identification number); once you have this, you should follow the steps below:
1 – Access the FGTS app, check your balance, and on the initial screen allow banks and financial institutions to view your available FGTS balance
2 – Once that's done, go into the settings and authorize the balance search again
3 – After you have authorized the banks to access your balance in a completely secure manner, you will enter the Banco Pan app and on the initial tab click on the FGTS birthday withdrawal option and begin the registration process
4 – During registration you will see the existing clauses, such as the annual interest rate and similar things; click on "I have read and agree" and continue; the Bank will analyze your balance and, based on that, will calculate a base loan amount that will be available to you
5 – Click on "Finish" and wait 24 hours for your FGTS loan to be in your bank account
Is it safe?
Yes! All procedures are handled by Caixa Econômica, which will also credit the installment amounts directly to Banco Pan annually; this way, you can complete all these transactions without even leaving home; it's worth checking out!