Caixa Tem releases a loan of up to R$1,000; see how to hire

Workers and entrepreneurs born in September and October can now make loans through the Caixa Tem application. The contracting of credit from R$300 to R$1,000 was released by Caixa Econômica Federal for this public this Monday (13).

Customers will be able to access two lines of credit: personal loan and business loan. In the first of them, the credit has free allocation and can be used for personal expenses and debt payments.

On the second, the borrowed money goes to invest in the business itself, such as paying suppliers and bills for water, electricity, internet and rent, in addition to the purchase of raw materials and goods for resale, among other purposes.

In both lines, the contract value ranges from R$300 to R$1,000, with an interest rate of 3.99% per month and payment in up to 24 installments (two years). Those born in November and December will only have access to credit from the 27th of this month.

Personal loans can be paid in a minimum of 1 installment and a maximum of 24 installments. Loans for companies can be repaid in a minimum of 4 installments and a maximum of 24 installments.

See the calendar to hire

The analysis for the release of values ​​is only carried out after updating the registration. The measure is necessary to change the type of account the worker has today and be able to take out the loan. According to Caixa, it is necessary to transform the Caixa Tem digital social savings account into a Caixa Digital Savings Account.

As a result, the monthly movement limit of R$5,000 ceases to exist and the client is able to access credit lines. The procedure takes seven minutes and is done directly at Caixa Tem, under the option “Update your registration”. To do this, you must inform your address, profession, income and assets, if you have one.

You will also need to send a photo of an identification document (RG or CNH) and a selfie photo with the document in hand. The selfie must be taken in a bright place, without glasses and without a hat.

How to get the loan

Those who don’t have the Caixa Tem app need to download it from the mobile app store. Just go to Google Play Store or Apple Store. Caixa Tem customers, on the other hand, must update the application, also in the mobile app store, and then update their registration to get the money. Update response comes within ten days.

Enter Caixa Tem and choose the option “Crédito CAIXA Tem”. Then, click on “Hire” and start the simulation, after the option “Continue to simulation” appears. Click on it. Then enter the amount you need. Then, under “What is the best day for the installment to expire?”, indicate a date.

Check that all information provided is correct. If not, go back and adjust what was informed. If everything is ok go to “Yes, hire”. The new analysis period is up to ten days. Upon release, the money will be available. There is no need to go to a Caixa branch.

Caixa launched the new credit on September 27th. At the time, the bank released estimates that the new loan modality has the potential to reach around 100 million customers.