Banco do Brasil Financing
Banco do Brasil – Vehicle financing
If you are interested in buying a car or motorcycle, financing can be a great option. Vehicle financing allows you to buy a car without necessarily having the entire amount of money to pay up front. Today we will briefly talk about how financing works and how to start buying your dream car or motorcycle.
How does Banco do Brasil financing work?
Financing works as follows, choosing between a new or used car with up to two years of manufacture, it is possible to request financing at an agency or even on the app. And it's worth noting that you don't need to be a Banco do Brasil customer to take out the loan, but customers get more advantages.
With Banco do Brasil financing, the customer has up to 60 months to pay and the first installment will only be charged after 180 days.
How to request financing?
As mentioned previously, to request financing, the customer can go to a branch or even use the Banco do Brasil app, where it is possible to carry out installment and value simulations. After approving the financing, just wait for the Bank to contact you to send the documentation and the contract.
Interest Rates
The interest rate charged on financing cars and motorcycles is approximately 0.97% per month and 12.28% per year. But this may vary depending on the year of the vehicle and the number of installments.
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