PagBank simplifies and streamlines INSS payroll loans with launch of new digital journey in the bank application

The PagBank it has developed a new way for INSS retirees and pensioners to borrow from the PagBank app. The functionality unifies different operations such as new margin, refinancing and portability in a single digital journey, simplifying the process and streamlining hiring. 

The novelty is directed to retirees, pensioners and INSS beneficiaries, who can now simulate, adjust conditions and contract credit directly by the application, quickly and simply 2 SEE below the step by step process. The customer can still follow all steps directly by the application and, after approval and depending on the operation, the amount will be released into the PagBank account between 1 and 7 working days. 

“We are pioneers in the market to offer this functionality, in which we unify different types of INSS payroll loans in a simple and intuitive journey. This not only makes the service more agile and efficient, but also expands business opportunities and strengthens the relationship with our customers, offering a complete solution directly in the PagBank”, comments Claudio Lemon, Director of Cards and Loans at PagBank. 

“Because it is a type of loan in which the installments are deducted directly from the benefit of the retiree or pensioner and with a low interest rate, it is a super-tractive option for retirees, pensioners and INSS beneficiaries who are in need of an extra budget at the beginning of the year, where the accounts and expenses are usually higher”, concludes the executive. 

Step by step to hire the INSS payroll in the PagBank app 

1. Access the PagBank application with login and password; 
2. In the main tab, click on “Consignees and FGTS”; 
3. Choose the option“Consignor INSS” and wait for the consultation of offers; 
4. Check out the simulation and, if you agree, click on “Contract”. If necessary, adjust the conditions, click on “Update” and then on “Contract”; 
5. Read the terms of service, confirm the proposal and submit for review.  

One of the largest digital banks in the country in number of customers, PagBank offers tools for face-to-face and online sales, full digital account for individuals and companies, as well as features that contribute to financial management, such as Payroll. In PagBank, the credit card has a guaranteed limit and investments become a limit for the card itself, enhancing the earnings of customers*, in addition to generating up to 3% of cashback on the invoice, one of the largest in the market. In PagBank, those who have an active and inactive balance in FGTS can request an advance, directly through the PagBank app. click here.  

For more details on how to apply for the INSS payroll loan, please click here.