Cash Collateral Loan
Collateral Cash Loans are Loans secured by collateral in the form of deposits and / or other cash deposit deposits.
Advantages of Cash Collateral Loan
- Freely used for consumptive purposes
- Fast & easy process and light credit requirements
- 2% Yearly Interest Rate on Deposit Interest and / or Savings Interest
- Free of Provision Fee
- Installment payment facility through autodebet
- The term is flexible according to the debtor's wishes
- Type of flexible installment, monthly installment or simultaneously on due date
Requirements of Cash Collateral Loan
- Fill out the credit application form
- Personal Identity (individual) / Business Legality (company)
- Photocopy of Bilyet deposits
Regulations of Cash Collateral Loan
- Interest Type is Sliding and is calculated at 2% above the deposit and / or savings rate.
- Maximum Credit Plafond is IDR2.500.000.000, - (duamilyar five hundred million rupiahs) and amounting to IDR50.000.000, - (fifty million rupiahs).
- Collateral Coverage of Collateral at a minimum of 105% of the nominal value for the same currency and Minimum 115% of the nominal for different valut.
- The loan period is flexible according to the needs of the debtor.