The seventh installment of emergency aid will be released by Caixa Econômica Federal (CEF) in October, even before the sixth installment is closed. The seventh installment is part of Cycle 4 of payments.
The payment of the seventh installment begins on October 30th. As always, the calendar is made according to the beneficiaries’ birthday month. Thus, on October 30, the amount will be available to those born in January. Also, as in previous payments, the money is initially deposited in Caixa’s digital social savings account.
This Friday (23), the payment was made to beneficiaries of Bolsa Família. Beneficiaries with a Social Identification Number (NIS) ending in 5 received the second installment of the extension, which pays R $ 300 per month.
Caixa Econômica Federal will pay a total of six cycles. Payments will be finalized on December 29, 2020. And the cash withdrawal and transfer calendars end on January 27, 2021. How many installments will be paid for each beneficiary varies according to when he started receiving the program . Beneficiaries can receive a maximum of four installments of R $ 300.
Whoever received the first installment of R $ 600 in April will be entitled to the four installments of R $ 300. Whoever received the first installment of R $ 600 in May will be entitled to three installments of R $ 300. Whoever received the first installment of R $ 600 in June will be entitled to two installments of R $ 300. And those who received the first installment of R $ 600 in July will be entitled to a installment of R $ 300.