First of all, the payroll loan modality has gained popularity among INSS retirees and pensioners, as well as public and private sector employees. This is because it offers lower interest rates, in addition to other benefits. In this way, we have prepared for you a comparison between two of the best-known payroll loans on the market: the Agibank loan or Banco Paraná loan. So, want to know more about these lines of credit? Continue reading and check it out!

First, the Agibank loan offers two types of credit line: the payroll loan and the personal loan. In this sense, it is only possible to apply for a personal loan if you have already used the payroll margin.

That is, the personal loan is a type of extra credit for those who did not get the amount they wanted in the payroll loan. In this case, the installments must be paid by means of a bank slip. The payroll loan, on the other hand, is the one that debits the installments directly on the payroll or on the customer's benefit.

In addition, the entire application process is done online through the bank's official website, but if you have any questions or prefer face-to-face service, you can go to one of its physical branches.

However, both the personal loan and the payroll loan are not available to all people who need a line of credit. Therefore, you will only have the application approved if you are retired, INSS pensioner or public servant.

Well then, the Banco Paraná loan offers a type of payroll loan that promises a line of credit with the lowest market rates, regardless of which institution you partner with.

So, the whole process is done online and without bureaucracy, from simulation to hiring. In addition, you can simulate the amount you want through the Bank's official website without having to register. 

Furthermore, this line of credit is only available to retirees, INSS pensioners, public and private sector employees, and military personnel. Therefore, if you do not fall into any of these categories, it is not possible to apply for the loan. 

Undoubtedly, the feature that draws the most attention to the Agibank loan is the offer of a personal loan to customers who have already used the payroll loan margin. In this way, you can apply for an extra line of credit if you have not reached the amount you intended with the first loan.

On the other hand, with payroll loans you have reduced interest rates and payment in up to 84 months, which is very attractive. Furthermore, Agibank does not consult with the SPC/Serasa and is a financial institution regulated by the Central Bank, which offers customers more peace of mind and security. 

So, Agibank also has physical branches, if you prefer face-to-face service. 

Firstly, the positive aspect that most draws attention to the Banco Paraná loan is its reduced interest, which starts from 1.05% per month depending on the partner institution. In addition, the first installment is only charged 120 days after hiring and the installment can be up to 84 months. 

So, the whole process is done through the Banco Paraná website, safely and without bureaucracy. In this sense, there is no consultation with the SPC/Serasa since the installment is deducted directly from your payroll. In addition, the assignable margin of the Banco Paraná loan is 35% of the amount of your monthly income and the release of the amount into the account occurs within 24 hours after contracting. 

Also, Banco Paraná offers loan portability, in addition to fixed installments and you can follow the progress of your request through WhatsApp. 

Undoubtedly, the negative aspect that stands out in the Agibank loan, both payroll and personal, is the fact that it is not a credit line accessible to everyone. In this way, you can only apply for the loan if you are retired, INSS pensioner or civil servant.

In addition, the restrictions are slightly higher for the personal loan, as well as the interest rates. In this sense, the installment is smaller and can only be made in up to 72 months.

In addition, the credit analysis takes 2 to 5 business days, and the fact that the value of the installments is discounted directly from the payroll does not leave room for possible unforeseen events, since it is not possible to delay or suspend the debt.

Well, the main negative point of the Banco Paraná loan is that even with all the benefits mentioned here, the credit line is only available to a specific public. In this way, if you are not part of these categories, you cannot apply for the loan. 

In addition, the credit limit does not have a predefined value as it depends on your monthly income and the personal credit analysis can take 3 to 5 business days, which is a very long waiting time when compared to other similar institutions. .

Therefore, now that you know all the characteristics of the Agibank loan and the Banco Paraná loan, it is easier to choose which one best suits your financial needs, isn't it? 

Certainly, both have many advantages for retirees, INSS pensioners or civil servants in the public and private sectors. However, to decide which credit line is best for you, it is important to evaluate its advantages and disadvantages and have good financial planning to understand whether you can afford the monthly installments. 

But, if you are still not sure that the Agibank loan or the Banco Paraná loan are the best options for you, check out the recommended content below and learn about other loans available on the market.