The loan is nothing more than an agreement between bank and the customer. bank lends money to the client, who spends it any way he wants, whether it’s for debt payments or future investments. The amount will be returned to the bank with interest payment within a specified period.
Whatever type of loan you choose from bank, be aware:
- In order for this credit to be approved, the bank will analyze your registration data and your credit risk.
- bank will report the interest rate charged per month and year, amounts, due dates, taxes, charges and the CET (Total Effect Cost). Always check this data!
- You will need to open an account, and this may also have costs.
At bank there are 6 types of personal loan. See below the main ones and see which one is best for you!
How to borrow : Digital Credit
This type of loan is made online, and the credit is immediately deposited in the customer’s checking account. Digital Credit can be ordered in 3 ways: over the internet, at the ATM or through Phone Banking.
For the first payment, the term can be up to 45 days and up to 48 installments. The maximum amount borrowed by Digital Credit is $ 50,000. Proof of income or signing documents is not required.
How to borrow from : Installment Credit
The second type of bank loan is pre-approved and repayment is made in installments. Parceled Credit is suitable, for example, for clients who wish to organize their budget, travel, travel or renovate their home.
If approved, the requested loan falls into the checking account within 48 hours. The first payment can also be made in 45 days and the number of installments can be up to 48. To apply for Installment Credit, simply talk to your manager or apply for Phone Banking.
How to borrow from : Personal Credit Card
Suitable for account organization and small projects, Personal Credit Card is the exclusive personal loan for customers of or Diners Club credit cards. Deposited to cardholder account within 5 business days, customer can pay first installment within 60 days.
Installment payments can be made up to 36 times and must be requested through the internet or through Phone Banking.
How to Get Loan: Single Installment Credit
It is a personal loan where payment to bank is made in one installment. Single Parcel Credit is granted to eligible customers who need short-term credit.
The customer chooses the payment date, which needs to be made between 15 and 90 days after hiring the service. To apply for Single Installment Credit, you must contact your manager or Phone Banking.
How to borrow : Investment Guaranteed Credits
You can apply for this type of personal loan with your manager. Ideal for customers who don’t want to redeem their investments and want lower rates.
In this type of loan, you put your investments as collateral. If you do not pay, the bank will sell part of your investments to repay the debt. That way your bank risk gets smaller, and the rates for you get much lower.
The maximum payment term for Investment Guaranteed Credits is 48 months and the limit is equivalent to your investments.
How To Get Loan: Private Payroll Loans
Private Payroll Loans are fast, secure and directly deposited into the client’s checking account.
With special interest rates, customers can pay up to 60 times through payroll discounts. Private Payroll Loans are available to employees of bank member companies.