Vehicle Ownership Financing (KKB)


Vehicle Ownership Financing (KKB)

Two and Four wheels

New and Used

Motor Vehicle Credit

Credit to Individual Customers for the purchase of new or used vehicles.

Debtor Criteria:

  • Indonesian citizenship.
  • Minimum age 21 years old or already/have been married.
  • Maximum age of 55 years old when the financing is due.
  • Ability to pay installments maximum 1/3 of income.

Terms and Conditions

  • Passenger vehicle type.
  • The amount of credit limits up to IDR 300,000,000,-.
  • Period of time:
    1. New: Maximum 5 years.
    2. Used: Maximum 3 years (maximum vehicle age of 10 years).
  • Japanese and other vehicle brands (Fast Moving Car).
  • Vehicle types are Sedans, Minibuses and others.
  • Down Payment 20% of the OTR price or in accordance with regulatory requirements.
  • Competitive interest rates in accordance with developments in the financial markets.
  • IDEB SLIK examination results are passed.
  • Already a permanent employee with good condition (two years)
  • Documents that must be completed include:
    1. Photocopy of E-KTP for husband and wife, KK, marriage certificate or certificate of unmarried, NPWP.
    2. Job certificate and salary slip, business permit (for employers).
    3. Photocopy of Electric / Tel / PBB Account.
    4. Photocopy of Bank Account for at least the last 3 (three) months.
  • Costs include:
    1. Provision Fee.
    2. Administration Fee.
    3. Insurance Fee.
  • Collateral in the form of BPKB of the vehicle being financed.