Caixa is launching withdrawals of up to 1000 BRL for those in need of quick cash

The Federal Savings Bank File is edited loan For those who want to get out of suffocation and grow in life. The initiative is being offered through the Digital Microcredit Streamlining Program (Digital SIM card), which provides a credit of up to one thousand Brazilian riyals to those who wish to do so.

Read more: It’s official: Caixa closes deposits up to R$1,000, but millions can still withdraw

In addition to individuals, the bank loan method also has a service for those who work as individuals of micro-entrepreneurs (MEI). In turn, the value of the credit is higher, in the range of a limit of 3 thousand RRL. Check out the details of both methods below!

Cash loans of R$1,000 and R$3,000

Check below how each type of credit that the bank offers to those who want to open a business or expand the company works:

for individuals

• credit limit: Up to a thousand Brazilian Real
• interest rate: From 1.95% per month
• Payment term: 24 months max

For me*

• credit limit: Up to 3,000 BRL
• interest rate: From 1.99% per month
• Payment term: Also 24 months

* In the case of MEIs, it is necessary to demonstrate 12 or more months of activity/constitution in the category.

How to apply for a Caixa loan?

There are two ways to apply for credit. The first is directed to individuals who are ordered through caixa team app. Simply update it to the latest version and migrate your digital social savings account to Poupança Digital +.

In the case of MEIs, the application is made in person only at any Caixa branch. Despite the rule, the intention is to make this method virtual soon, making it easier for small business owners to hire them.