The public servant loan is a type of credit that can offer several benefits. From it, you can access low interest rates and longer payment terms.

In the following article, you will learn more about this type of loan, in addition to checking out the main financial institutions that work with it. In the end, you will see how the application for this loan works. Good reading!

We all know that the position of public servant is one of the most stable that exist, in addition to offering various guarantees for the worker. Therefore, banking institutions identified this profile as the one with the least risk of default.

And in short, when a profile presents a lower risk of defaulting, institutions are able to offer them some advantages, such as affordable payment terms and even a lower interest rate.

Because of this, nowadays there are credit modalities made especially for those who are public servants, since they are more likely to actually repay the loan made.

In this way, the operation of this loan model occurs in a very similar way to the others. In short, the only difference is in the way credit is analyzed, in the interest rate and in the payment method. 

These three items may differ depending on the loan. But you know better about it in the next topic!

Now that you know how this type of credit works, it's time to get to know the different types of loans for public servants that exist.

Basically, the server can access 3 different types of loan, which guarantee easy access to credit and low interest rates. Below you can find out a little more about them.

Payroll credit is a type of loan that works just like the others. In this way, the public servant may request a specific amount for a financial institution. Once approved, the server may have the value in your account.

However, its difference is the time to make your payment. Therefore, here the financial institution where the server requested the loan will automatically deduct the value of the installment directly from the user's payroll.

In this way, the server does not need to have the trouble to issue a new bill every month until the loan is paid off. Payment is made automatically and debited from your payroll.

To make this loan available, institutions calculate the amount of installment you can pay according to your income. This happens because in this model, this amount cannot exceed 30% of the server's income.

In this other type of loan, the financial institution uses the server's property as a guarantee that the payment will be made. That way, if the server fails to pay the installments, the institution has the right to take the good to repay the loan.

Because of this, this modality usually has a very low level of default. But whoever hires him can access lower interest rates and a longer period to pay off the loan.

Finally, we have the personal credit modality, which is one of the most common in the market. As much as it is accessed by all audiences, some institutions offer a special category for the server, where they offer payment for a longer term and low interest rates.

In this mode, there is no guarantee that the payment will be made. In this way, institutions need to carry out a rigorous credit analysis to determine the amount that will be borrowed, the interest rate and the time that the server will have to pay off.

In short, there are several financial institutions that offer a special line of credit for public servants. In this way, he can take advantage of the various benefits that the modality brings.

Next, we separate 3 options of banks that have this type of credit. This way, you can get to know them and compare them to choose the option that best fits your reality!

In short, Banco Santander works by offering payroll loans to public servants. Thus, from it, the server can access a personalized rate for your case and up to 12 years to pay.

In this way, to carry out the contract, Santander offers several different channels, such as its application, internet banking, bank correspondents, physical branch, among many others! Check the main characteristics of the loan in the table below.

Banco do Brasil, on the other hand, also works with payroll loans. From it, the server can access fixed installments and up to 120 months to pay off the amount borrowed.

In addition, he has the convenience of paying the first installment in up to 180 days! Furthermore, the server can carry out the entire request process online and does not need to create an account at BB to access the modality.

Finally, another financial institution that works with loans to public servants is Caixa Econômica Federal. From it, the user can access the payroll loan modality.

In this way, from Caixa, the server does not need a guarantor and can make the request completely online.

As with any loan, when applying for credit to a public servant, some care must be taken. After all, if this process is not well analyzed, you can compromise your personal finances.

Thus, one of the first precautions that must be taken is in relation to the loan agreement. Thus, here it is essential not to sign any paper that the financial institution offers without reading it in full.

This small practice can already help you not to receive abusive interest or have to pay fines that were not previously introduced.

In addition, it is also essential that you analyze your finances at the moment to see if you will be able to afford the installments. 

At this point, it is essential to do a good simulation of the loan, to have a better idea of how the payment will be every month.

In short, by taking these little precautions, you guarantee that you will be able to have a great experience when taking out your public servant loan!

In summary, the documentation that the server needs to have on hand to carry out the loan can vary greatly from one financial institution to another. However, the following documents are always required:

In addition, when applying for the loan, the financial institution will provide you with a list of documents necessary to carry out the contract.

In short, the loan request for a public servant can happen in a very similar way to the other modalities, making the servant always follow the same steps.

Therefore, to guide you through the process, we have separated below the main steps you go through when applying for this type of loan.

In short, after that, in a few days the borrowed money will be in your account and you can use it however you want!

Furthermore, if you want to learn about loan options for commissioned servers, access the recommended content below and enjoy reading!