It's known that Banco do Brasil was founded on October 12, 1808—old, isn't it? This was done through a charter issued by Prince Regent Dom João. Incidentally, it initially had a capital of one thousand two hundred shares, each valued at one thousand réis. It was opened to the public with the aim of offering subscriptions to the wealthy of the time.
However, it was only on December 11, 1809, that the first branch of Banco do Brasil finally began operating, in Rio de Janeiro.
According to historians, King John I asked the governors of the captaincies to find shareholders for the Bank, an effort that was completely futile, as by the end of 1812, only 126 shares had been subscribed. Finally, in 1817, the public offering was closed.
Without a doubt, we can say that few companies offer vehicle financing without a down payment, but Banco do Brasil vehicle financing offers this opportunity.
In addition to not requiring a down payment on the financing, BB offers one of the best rates on the market.
The company is ranked 3rd, according to data from the Central Bank.
If you're looking for a vehicle and a bank to finance it, BB is an option worth considering.
You will have the opportunity to learn more about this opportunity throughout our article, we have many good things to show you.
Additionally, we will teach you how to finance with Banco do Brasil without a down payment.
Vehicle financing Banco do Brasil
Are you thinking about financing a new car, but don't know which bank to finance it with?
I can already say that Banco do Brasil vehicle financing will be a perfect option.
In fact, here you will get fair financing, without abusive fees or the need to pay a down payment.
That's right, BB doesn't require a down payment on vehicle financing, so you can save a lot of money.
Continue reading our article to determine whether BB will be a good institution to close a deal with.
Getting to know Banco do Brasil
In addition to its legacy of excellence, BB has always been connecting with the present world, as we can see with its practicality in possible transactions with its fully practical app.
Check it out: with the Banco do Brasil app, you can finance your new car from your cell phone, without having to go to a branch. You photograph the vehicle registration document and send it to Banco do Brasil from your device. It's easy, fast, and secure.
And this can be on the weekend, at home, or even at the dealership. When purchasing your next car, grab your phone and count on Banco do Brasil to arrange your digital financing.
See what the main advantages are:
Absence of fees when hiring;
Grace period of up to 180 days;
Possibility to choose the best day for the service.
Amazing, isn't it?
Banco do Brasil vehicle financing interest rates
Of course, the interest rate will be the value added to the vehicle, this value will be the amount received by the bank.
People often give up on financing because of the fees, but with Banco do Brasil that won't be an option.
Because the company managed to rank 3rd, offering one of the most affordable rates to the public.
See this information in numbers below:
- Monthly interest: 1.58%
- Interest per year: 20.69%
Compared to other financial institutions, you'll notice that Banco do Brasil's vehicle financing really stands out.
Do you already have a vehicle in mind that you want to finance? If so, you can calculate the final amount you'll need to pay.
This way you can make sure it is acceptable for your budget.
Simulate vehicle financing
In fact, BB is digital and you can run many simulations on it, so you don't need to rack your brains with the math to get an idea of the financing installments.
Through the BB app, you can do everything, including simulating your financing.
Download the app and try the simulation, so you can get an idea of the installments and values that were added with it.
How does financing and down payment work?
As we mentioned in our article, Banco do Brasil vehicle financing doesn't require a down payment. This is indeed a relief for many.
But why doesn't it require a down payment? The company finances the vehicle's 100% of the vehicle with up to 60 months to pay.
Another great benefit is that you will pay the first installment after 180 days.
But how can I finance a car?
We will go through a step-by-step guide to help you do this:
1. Run a simulation using the Banco do Brasil App;
2. Choose the make, model and value of the car;
3. Send a photo of the document (vehicle invoice or vehicle registration certificate) via the Banco do Brasil app;
4. Select the option that fits your budget and finalize the financing;
5. You can track the status of your proposal through the Banco do Brasil APP, in the option “Track your Proposal”
Other information about financing.
First we need to understand what exactly financing is.
Banco do Brasil offers credit to finance your motorcycle, car, taxi or truck, new or used.
In simple terms: through the website BB official, you can simulate your financing to better understand how the entire process works. Through the Banco do Brasil app, you can learn about the best options for purchasing or trading in your vehicle.
To finance with BB you will have to use the app, many actions can be done with it, including financing your vehicle. Achieve this desire with Banco do Brasil and if you want to know more options see in our
Still have questions? Check below to find out how to get in touch.
WhatsApp
(61) 4004-0001
BB Relationship Center/Contact Us
4004-0001 – capitals and metropolitan regions
0800-729-0001 – other locations
Service: 24 hours, every day,
Service: consultations, information, card, debt renegotiation, transactional services, and technical guidance for using self-service channels.
SAC
0800-729-0722
Service: 24 hours, every day
Service: information, complaints and cancellation of products and services.
BB Ombudsman
0800-729-5678
Opening hours: weekdays, from 8am to 6pm
Service: complaints not resolved through the usual channels – agency, customer service and other service channels.
Hearing/Speech Impaired
0800-729-0088
Services: information, complaints, card cancellation, other products and services.
Customers abroad
+55 11 2845-7820 (accepts collect calls)
Service: 24 hours, every day
Service: information, complaints and cancellations
Other services that the Bank also offers
In addition to everything we talked about above, the official website of the Bank from Brazil offers many options for you, the customer can consult different services, options and facilities.
And to be clear, we're talking about an online agency consultation, or rather, the same service as an agency, but online. Through the fully interactive digital platform (Click here), the interested party enters the city or state and in a few moments you will be able to speak to an online attendant.