Banco Cetelem has over 50 years of experience in the market and has been present in Brazil since 1998. Therefore, you can be sure that you are hiring a reliable service when requesting your Cetelem payroll loan.

Therefore, the institution offers several credit and card options to its customers and you can choose the one that best fits your needs.

Today, you will learn more about payroll loans and will be able to evaluate whether they are the best option for your financial life. Let's go!

Well, the credit works in the consigned form and is intended for retirees and pensioners of the INSS, federal public servants and military personnel. Therefore, if you do not fit into these categories, the loan is not the most suitable for you.

Furthermore, in this modality, the installments are discounted monthly from the client's payroll or benefit.

In addition, the low interest rates are quite attractive, with rates starting at 1,19% per month. In addition, the installments can be made in up to 36 months. This means you can plan in advance to pay off the debt without any surprises.

And, if you wish, you can also pay off your debt early, according to your needs. This way, you will have a reduction in interest proportional to the time of the advance. So, this is a good opportunity for those who can pay off the loan in full or in part to have a reduction in interest rates.

Well, the credit limit will vary for each customer. So, the bank informs you of the approved limit after analyzing your profile.

Additionally, you can carry out a loan simulation to find out what options are available to you.

So, credit is a good option for INSS retirees and pensioners, federal public servants and military personnel. However, it is not suitable if you do not fit into these categories.

Therefore, low interest rates and installments over up to 3 years are attractive conditions for those who need credit to make their dreams come true or to deal with a financial emergency.

However, one negative point is that the bank may charge a registration fee of up to R$1,000.00. Thus, this amount is charged when opening a new registration and starting a relationship with the bank.

Therefore, although the interest and installment payments are quite attractive, you should carefully analyze all the contracting conditions to avoid any surprises.

Well, if you are interested in applying for your payroll loan, know that the application process is quite simple and easy.

So, to hire someone, you must contact the Cetelem Relationship Center.

Additionally, you can also find an authorized correspondent to help you with the process.

Therefore, if you want to know in more detail how to apply for your credit, check out the recommended content below!