Vehicle Ownership Financing (KKB)


Vehicle Ownership Financing (KKB)

Vehicle Ownership Financing

Installment loan facilities provided by Bank Ina to individual debtors for purchase of two-wheeled motorized vehicles or four wheeler (passenger car) with collateral in the form of a purchased vehicle.

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.