How does the Anniversary Withdrawal work and how can I advance my balance?
Do you know how the FGTS anniversary withdrawal works? By law, workers can withdraw part of their FGTS on their birthday. Read the text and find out more!
Announcements
Recently, the birthday withdrawal was a subject much discussed in the media, because the Minister of Labor, Luiz Marinho, mentioned that the modality could be ended in Lula government.
However, the headline changed a little this week: the modality would be maintained, but with new rules.
Meanwhile, everything remains the same. Read the text and find out How does the anniversary withdrawal work? and what to do to withdraw the amount before the anniversary date.
What is the FGTS anniversary withdrawal and how does it work?
O Severance Pay Guarantee Fund It is a fund created with the aim of protecting workers when they are dismissed without just cause.
Every month, while working registered with a company, the employer deposits an amount into the Guarantee Fund, which corresponds to 8% of the salary, and the amount is adjusted monthly by a Reference Rate.
The FGTS can only be used when the worker is dismissed or in specific situations such as, for example:
- Public calamity;
- Serious illnesses;
- Retirement from age 70;
- Extraordinary withdrawal.
In addition, part of the Fund can be withdrawn with the Anniversary Withdrawal. With this withdrawal, the worker can withdraw part of the amount from the Guarantee Fund. The withdrawal is annual and is released in the month of the anniversary.
By law, it is possible to withdraw up to 50% of the Fund's value, depending on the accumulated amount, and the withdrawal can only be made in the month of your birthday, according to the calendar published by Caixa.
Generally, the withdrawal day starts on the first days of the birthday month and lasts until the last day of the following month.
It is worth noting that to have access to this modality it is necessary to join, that is, the membership is not automatic. It can be done at a Caixa agency, on the FGTS website or in the app.
Caixa Econômica Federal is the FGTS operating agent, therefore, it allows financial institutions to carry out some actions, such as:
- Check available values;
- Block FGTS balance;
- Cancel blocked value;
- Amortize blocked value;
- Release blocked value.
Therefore, if you cannot wait until your birthday month, you can take out a loan with the guarantee of this withdrawal, since banks offer this type of credit.
Read the text and find out how to bring forward your anniversary withdrawal through a loan with an attractive interest rate.
Best loans with advance FGTS Anniversary Withdrawal
One way to advance your birthday withdrawal balance is through a loan. Many institutions offer this product.
This modality involves many advantages, for example, a low interest rate. Since the bank is secure in receiving the payment, it can offer better payment conditions.
Other than that, it is bureaucratic and can be requested even by those with bad credit. This credit also has no monthly fee, as the amount is deducted in a single installment from the Worker's Guarantee Fund.
The credit with advance withdrawal of the anniversary works like a loan as collateral, this is because the amount is discounted directly from a guaranteed amount, in addition, the discount is made automatically, that is, without the intervention of the applicant.
The ideal is to wait for the anniversary withdrawal date to arrive, but if there is an unforeseen event, the loan with advance withdrawal of FGTS anniversary could be a good alternative.
So, check out some alternatives below.
1. Mercantile Bank of Brazil
At Mercantil do Brasil anyone can apply for this credit, even those who are not customers of the bank.
The rate applied is 1,49% per month, one of the lowest found in this type of credit.
One advantage offered by Mercantil is that the money can be deposited into the account in up to 15 minutes, a condition valid only for new customers.
It is possible to advance up to 10 installments of the FGTS balance, and the contract is 100% online, and can also be made via WhatsApp.
To apply for a loan at Mercantil do Brasil or any other bank, first of all, you need to have activated Saque-Aniversário.
In addition, it is necessary to have a balance in the Guarantee Fund and authorize the loan. All of this can be done in the Meu FGTS app.
In the app we can also check the balance and what the annual installment of the Anniversary Withdrawal is.
2. My Everything
At this point in the championship you already know How does the anniversary withdrawal work?, right? So, let's get to know another institution that makes credit available with advance payment of this benefit?
At Meu Tudo we can advance up to 10 installments of the FGTS and the procedure is 100% online, you can request from anywhere and receive the money in your account in up to 10 minutes, if the contract has no pending issues.
The minimum amount for contracting is from R$300.00. The interest rate is 1,80% per month.
Meu Tudo accepts people with bad credit, see below the requirements to apply for this loan:
- Be over 18 or emancipated;
- Regular CPF with the Federal Revenue Service;
- Have a checking or savings account to receive the money;
- Have an FGTS balance in an active or inactive account;
- Be eligible for the FGTS Anniversary Withdrawal option.
On the website you can run a simulation to find out when you can advance your balance by entering the amount of the Guarantee Fund and your anniversary date.
Access, simulate and anticipate!
3. Will Bank
At Will Bank, customers can withdraw their money up to 7 years in advance of their anniversary withdrawal. The money will be deposited into the account within 1 business day.
The interest rate is 1,80% per month, the highest among the alternatives already mentioned. To apply, you need at least R$300.00 in the Guarantee Fund.
Other than that:
- Have an account at Will Bank and no blockages;
- Be over 18 years old;
- Authorize Will to consult the FGTS in the Meu FGTS app.
So far, this option is being released little by little at Will, so if it is not yet available to you, wait or contact someone else, comparing the interest rate, it will be even more advantageous.
4. Banco Pan
The interest rate applied to this advance at Banco Pan is 1.49% per month, the same as at Mercantil. The difference is that you can only advance 7 years of FGTS.
Hiring can be done online and you can simulate on the website before hiring.
The money is deposited into your account on the same day and Banco Pan also accepts people with bad credit. In addition, you do not need to be a customer of the bank to make a request.
Access the Bank's website and run your simulation.
5. PicPay
PicPay also makes this credit available to its customers and the fee charged is 1.99%, the highest among the options mentioned here. It is necessary to have at least R$400.00 to withdraw.
PicPay accepts those with negative credit ratings and the installments are discounted annually on the anniversary withdrawal.
After the request and approval, the money is released within two business days, which is longer than the alternatives presented here.
Advantages of taking out a loan with advance withdrawal on your anniversary
This loan has the characteristic of not compromising your budget, as it is discounted from your Guarantee Fund.
Furthermore, it has a lower interest rate, compared to personal credit, for example, where the minimum rate is commonly above 2%.
Another advantage is that there is no bureaucracy; it does not affect the credit score and even those with negative credit can apply.
Comparing all the benefits, it is one of the best loan options available on the market today.
However, it is important to know what other fees and charges are applied to the amount and only hire them if absolutely necessary.
The Guarantee Fund makes all the difference when an employee is laid off from a company.
It serves to pay the bills, improve the family's quality of life or even help you set up a business and start over.
Therefore, it is very important to be cautious and use money wisely.
Conclusion
Did you enjoy finding out how it works? FGTS anniversary withdrawal in a simple and quick way?
Download the FGTS app and activate the anniversary withdrawal. Other than that, check your balance and see if there is a withdrawal available.
If you need to use the money, try to wait as long as possible until your birthday month, when the withdrawal is released.
Only resort to a loan as a last resort, when there is no other option or you are forced to take out a more expensive loan.
An interesting and even controversial measure is to withdraw the money to invest and let it yield even more by investing it in a profitable and safe investment, for example, CDB.
But it is only recommended for people who have discipline and want to invest in a product with a defined maturity date or scheduled withdrawal.
This is to avoid the risk of using the money carelessly and prematurely.
Speaking of which, find out how much does R$1000 yield per month at Nubank. Read our text!
This alternative may be more advantageous and interesting, but first, it is important to stop, think and compare.
Here in our website You will find a lot of content that can help you make the right decision when it comes to investing.
