Double Salary Loan
Do you have any questions?
Find bellow the most frequently asked
questions about BAI Double Salary Credit.
What is the BAI Double Salary Credit?
It is a consumer credit associated with the Salary Account of employees.
Who can subscribe to the BAI Double Salary Credit?
What are the benefits of subscribing to BAI Double Salary Credit?
- Anticipation of salary;
- Liquidity for unexpected expenses.
What is the maximum amount of the BAI Double Salary Credit?
The maximum amount to be granted is that corresponding to 1 (one) month's salary.
What is the credit repayment term?
The repayment term is up to 2 months.
What is the decision period?
Up to 48 (forty-eight) hours.
What is the interest rate of BAI Double Salary Credit?
3.5% per month, charged in advance.
With the entry of VAT, will stamp duty continue to be charged on all commissions?
In credit products, VAT has replaced stamp duty. Previously, 0.7% were charged in fees in price lists, now 14% VAT will be charged.
What are the access conditions required to subscribe to the BAI Double Salary Credit?
- Being a BAI Customer for at least 6 (six) months;
- Having a salary domiciled at BAI for at least 3 (three) months;
- Legal-employment relationship with an employer (public or private) for at least 6 (six)
- months confirmed with the existence of an indefinite contract;
What are the documents required to subscribe to the BAI Double Salary Credit?
- Letter of credit request;
- Photocopy of the identity card;
- Photocopy of the taxpayer card;
- Salary Consignment Declaration;
- Photocopy of the last 2 (two) salary receipts;
- Updated residence certificate or Address Confirmation Statement(1).
Note 1: The address confirmation statement must be completed only if: the customer does not provide proof of the current address (proof of residence, water, electricity or telephone bill); or the address indicated on the identification document does not correspond to the customer's current address (one must attach the copy of the declarant's identification document and proof of residence to the address confirmation statement and complete the account opening form to update the data.
What type of guarantee must be presented for the granting of BAI Double Salary Credit?
Domiciliation of salaries at BAI until the fulfillment of the responsibilities for the Bank.
How is the settlement of the BAI Double Salary Credit debt settled?
The Bank will debit the monthly installments of capital and interest, directly from the borrower's salary account, according to the debit authorization granted by them in the respective contract, on the same day or on the first business day after transfer made by the employer remuneration for that account.
Are there any associated costs?
Yes, there are. According to the BAI Operations Price List in force.
What is the effort rate of BAI Double Salary Credit?
Where should the customer proceed with the subscription to BAI Double Salary Credit?
At their account domiciliation branch.
What is the credit repayment term and form?
a) The capital repayment term is up to 2 months;
b) The repayment date must be on the day of receipt of the respective salary from the client;
c) Interest paid in advance and debited directly from the customer's current account (salary account).
What is the service channel?
Account domiciliation desk.
If you need help with BAI Directo or with any of your cards, contact:
For information related to BAI Directo or want to report a situation
Exclusive to subjects related to debit cards (service provided by Call Center EMIS)
For subjects related to VISA Cads (service provided by Call Center VISA) abroad.
For further information contact the nearest BAI branch.