A line of credit has been developed for the benefit of those who decide to purchase transportation that uses little or no fuel. Banco do Brasil launched this Tuesday, 16, the BB Crédito Mobilidade line, which will finance items such as bicycles, scooters, electric or mechanical scooters and motorcycles weighing less than 125 cc in a period of up to five years.
Up to 100% of the product invoice value can be financed, provided it is limited to R$20,000, line cap. The term of the line is up to 60 months, with the possibility of paying the first installment up to 59 days after contracting. The minimum interest will be 1.83% per month (24.31% per annum). Premiums are debited from the account on the date chosen by the customer.
Contracting is available to individual customers, who can contract through the Banco do Brasil app. Just go to the “Loans” menu, select the “Contract financing” option and click on “BB Crédito Mobilidade”. Goods are supplied through companies that have an agreement signed with Banco do Brasil.
According to the bank, the new line increases the institution’s commitment to initiatives with positive social and environmental results. According to the bank’s balance sheet released last week, sustainable credit operations amounted to R$292.2 billion at the end of the first semester, an increase of 13.3% in 12 months. Recently, the bank lowered interest rates to finance hybrid and electric cars.
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Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.