INSS payroll loan ceiling rises to 1.97% per month
The values were defined by the National Social Security Council (CNPS), in a meeting this Tuesday (28) in the afternoon and are greater than the limits approved at the beginning of the month, of 1.7% per month for payroll loans and 2.62% per month for the modality via credit card.
The values were decided by President Luiz Inácio Lula da Silva, who arbitrated the impasse between the Ministries of Social Security and Finance. The first folder defended a ceiling of 1.87% per month, equivalent to that charged by Caixa Econômica Federal before the suspension of payroll loans for retirees and pensioners. The Treasury defended a limit of 1.99% per month, which allows Banco do Brasil, which charged a rate of 1.95% per month, to resume lending.
Decided at the beginning of the month to benefit retirees and pensioners with lower rates, the reduction in the payroll-deductible ceiling for the INSS generated controversy. the banks suspended the offer, claiming that the measure caused imbalances in financial institutions. Under protest from union centrals, Banco do Brasil and Caixa also stopped granting loans because the ceiling of 1.7% per month was lower than that charged by the institutions.
With the new limit of 1.97% per month, 18 of the 39 financial institutions that operated payroll loans for the INSS will be able to resume lending. According to the CNPS, the new ceilings will be reassessed within 30 days at the request of President Lula.
divergences
The approval of the new ceilings was not unanimous. After discussions in the plenary, the final values were modulated based on an increase of 0.27 percentage points for both rates. Government members, retirees and workers approved the new limit. Bank representatives abstained, and the National Union of Retirees, Pensioners and Elderly People (Sindnapi), which defended a ceiling of 1.9% per month, voted against it.
In a statement, the Minister of Social Security, Carlos Lupi, stated that the decision of the CNPS at the beginning of the month stimulated the debate around the interest charged on financial operations in Brazil. “We raised the discussion on something that was obscure and shed light on it. Based on that principle, we had several meetings with government teams to define the rate”, commented the minister, who reinforced the importance of public banks in promoting social progress.
Check out the banks that can resume granting payroll loans to the INSS with the new ceiling.
| Position | Institution | Interest (% pm) |
| 1 | CCB BRASIL S.A. – CFI | 1,35% |
| 2 | BANCO SICOOB SA | 1,64% |
| 3 | BRB – CFI S/A | 1,67% |
| 4 | BCO CETELEM SA | 1,68% |
| 5 | VIA CERTA FINANCIADORA SA – CFI | 1,72% |
| 6 | BCO COOPERATIVO SICREDI SA | 1,75% |
| 7 | INBURSA BANK | 1,79% |
| 8 | BANCO INTER | 1,79% |
| 9 | FINANC ALFA S.A. CFI | 1,81% |
| 10 | BCO INDUSTRIAL DO BRASIL SA | 1,85% |
| 11 | BARI SA BANK | 1,85% |
| 12 | BCO CREFISA SA | 1,87% |
| 13 | CAIXA ECONOMICA FEDERAL | 1,87% |
| 14 | BCO BRADESCO FINANC. SA | 1,89% |
| 15 | READY – CFI SA | 1,90% |
| 16 | BCO DA AMAZONIA SA | 1,90% |
| 18 | BCO BANESTES SA | 1,97% |
Source: Central Bank
Foto de © Marcelo Camargo/Agência Brasil
Economia,INSS,crédito consignado,Aposentado,CNPS
