Micro Business Credit

Working capital and/or investment credit/financing for productive and viable MSME-scale individuals/persons.

  • Product Features
    • Ceiling: Max. Rp50,000,000 (fifty million rupiah) or for seasonal businesses, set at a maximum of 1 cycle.
    • Interest Rate: 17% p.a. Effective floating rate.
    • Loan Term/Tenor: Working Capital maximum 4 years, Investment maximum 5 years.
    • Type of Collateral: Collateral value of 30% of the ceiling based on THU and credit must be insured at 70% coverage.
  • Benefits
    • Strengthens business capital capabilities in the context of implementing policies to accelerate real sector development and MSME empowerment.
    • Increases and expands access to financing for productive businesses.
    • Increases the competitive capacity of Micro, Small, and Medium Enterprises.
    • Encourages economic growth and employment absorption.
  • Requirements and Procedures
    • Have a National Identity Number (NIK).
    • Taxpayer Identification Number (NPWP).
    • Copy of Family Card (KK).
    • Copy of Marriage/Divorce Certificate (for prospective debtors who are married/divorced).
    • Business Identification Number (NIB) or Business Certificate (SKU) issued by RT/RW, sub-district/village, or authorized officials and/or other equivalent certificates in accordance with the provisions of laws and regulations.
  • RIPLAY (Product or Service Information Summary)
    • The general version of RIPLAY (Product and Service Information Summary) is a standard document that contains comprehensive important information regarding financial products or services.
    • Micro Business Credit RIPLAY

For further requirements, terms, or information regarding our products, please contact Bank Jatim Info 14044 or visit a Bank Jatim Branch Office directly.