Interest rate on personal loan in May; Compare banks
Choose the best one Interest rate One month is critical when taking a personal loan or using overdraft. According to interest rates interest rates survey, Bonco Do Brazil has provided the lowest monthly interest rates in using personal credit and limit. Procon-SP.
The research center of the Consumer Protection and Protection School of Proced-SP Foundation analyzed the interest rates of Bonco Do Brassil, Bradesco, Kaiksa Economica Federal, Ita, Safra and Santander on the 5th of this month.
Information -refers to maximum prefix rates for non -individuals. It is not considered the recruitment channel. For Special checkIt was considered a duration of thirty days and Personal debtThe deal is twelve months.
According to the survey, the average rate of personal loan of analyzed banks is 8.12% per month. Value is 0.11 low percentage point compared to April rates.
Bradesco reduced the rate by 9.45% per month and in April to 8.57%. The reduction is a 0.88 percentage point, which indicates the diversity of 9.31% down.
In the opposite direction, the Kaiksa Economy increased the federal personal loan rate from 6.6% per month to 8.57% per month, in May – 1.97 percent, which is equivalent to an increase of 29.85%.
The other banks put rates between the months of analyzing.
The average rate of overdraft performed by banks is 7.96%per month. According to Procon-SP, there is no change in the rate compared to the previous month.
The Consumer Protection Agency believes that the Central Bank Limited, in 2019, is an overdraft interest rate in 8% per month.
“The consumer should not use the overdraft limit, because the fees, even with the limit of the collection, are 8%more. If they need a loan, it should mainly assess the fee due to the contract word, which can change from one method to another, as well as a significant change between financial institutions.”
Declaration of interest rates adopted in May 2025
Banks Personal Loan (a month) overdraft (per month)
- Bonco du Brazil 6,58% 7,74%
- Bradesco 8,57% 8,00%
- Federal Economic Box 6,86% 8,00%
- Ita 9,49% 8,00%
- Harvest 7,25% 8,00%
- Santanander 9,99% 8,00%
