Economy

Motorcycle and bicycle financing starts today through Move Brasil

Bank branches and accredited financial institutions will begin offering this Monday (27th) financing lines for motorcycles, scooters, mopeds or electric bicycles produced in the country, with conditions facilitated by...

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Motorcycle and bicycle financing starts today through Move Brasil
Noticias ao Minuto - Economia

Bank branches and accredited financial institutions will begin offering this Monday (27th) financing lines for motorcycles, scooters, mopeds or electric bicycles produced in the country, with conditions facilitated by the Move Brasil program.

Public policy allows cyclist delivery drivers, motoapps, motorcycle taxi drivers and professional motorcycle freight drivers to access financing to exchange their vehicles for new, more sustainable models.

To request financing, you must already be registered in the program, through your gov.br account. You must also have already received confirmation that you are eligible for Move Brasil, issued within 5 working days.

After these steps, the worker can now go to Caixa, Banco do Brasil or another accredited financial institution for credit analysis and contracting financing. The vehicle chosen to finance must be produced in Brazil, starting in 2024.

According to the program rules, the resource is released directly to the supplier of the good. Financing approval is subject to credit analysis by the bank or financial institution, which defines the documents necessary for the financing request.

After hiring, the worker will only start paying the installments within 60 days and the period to pay the acquired amount is up to 4 years, with interest of 0.99% per month for men and 0.91% per month for women.

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Source: Noticias ao Minuto - Economia

This story was originally published by Noticias ao Minuto - Economia. Visit the original publication for further details.

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