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PicPay has introduced a new service that allows its users to advance their FGTS birthday withdrawal. Find out more!
An innovation has arrived for users of this renowned fintech. Recently, PicPay introduced an unprecedented service related to advancing the birthday withdrawal from the Service Time Guarantee Fund (FGTS).
Thus, customers can purchase this service and receive the money in their account in just two minutes. This option has characteristics similar to a payroll loan. Keep reading to understand the requirements for signing up for this service.
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PicPay introduces an option to advance the FGTS birthday withdrawal
Many digital financial institutions, such as PicPay, are adopting this type of service. Additionally, advancing the FGTS birthday withdrawal is aimed at individuals with lower monthly incomes, constituting a loan with attractive interest rates.
This happens because it is credit backed by the FGTS balance itself. In PicPay's case, users can advance up to 7 installments of this withdrawal.
The established rate is 1.29% per month for those with at least R$ 105 in their FGTS balance. Even PicPay users with credit restrictions can join. In addition, there are no monthly fees, since the payment is deducted directly from the FGTS.
PicPay's perspective
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Simão Luiz Kovalski, PicPay's Loans Director, celebrates the introduction of the birthday withdrawal advance service for its users. According to him, this type of loan benefits many people who need funds for different everyday situations.
“The FGTS loan is an excellent alternative for those seeking a quick financial solution or wishing to carry out a project,” Kovalski stated.
Finally, if you want more details about this fintech's new offering and learn how to sign up for it, visit PicPay's official website.