National Social Security Council reduces interest on INSS loans

[ad_1]

Ceiling for loans with payroll deduction was reduced from 1.91% to 1.84%. Payroll credit card operations also had the maximum index adjusted, from 2.83% to 2.73%. The National Social Security Council (CNPS) approved this Wednesday (11) a new reduction in interest rate limits for payroll loans for INSS beneficiaries. The ceiling for loans with payroll deduction was reduced from 1.91% to 1.84%. For credit card and payroll credit card operations, the maximum index was adjusted from 2.83% to 2.73%. The changes to maximum interest rates will come into force next Monday (23). According to the Ministry of Social Security, the changes follow the recent drops in the Selic rate. The National Social Security Council also established that financial institutions must provide minimum funeral assistance and life insurance for INSS beneficiaries. The deadline for banks to adapt to these new requirements is 30 days. INSS publishes instruction that allows banks to resume consigned credit for those who receive BPC

[ad_2]

Source link