Down Payment-Free Housing Loan – 0% DP
125% Received – 100% for house financing plus 25%* for multipurpose facilities that can be used for many other requirements of the house.
Products that can be used to purchase many kinds of residences, from houses, apartments, house-shops, house-offices, storied houses and condominiums.
*only applicable to debtors of Bank Bumiputera.
Product Features
• Financing can be provided up to 125% of the guarantee market value.
• Flexible financing period up to 25 years.
• Free financing location as long as the certificate has been split.
• Working in cooperation with the Minister of People’s Housing as coordinator of Subsidized Housing Loans from the Government.
• Working in cooperation with Bapertarum for extending credit to PNS
• Various residences financed.
• Fast approval process (at once for in-principle approval).
• Free Approval for credit cards for each approved application.
Terms & Conditions
General Conditions
• Indonesian Citizen
• Individuals (non-business entity)
• Employee: 21-55 years old/pension age when the loan is due
• Employer/professional: 25-60 years when the loan is due
• For employee having the minimum work period of minimum 2 years
• For professional/entrepreneur having experience in his field of minimum 3 years
• Opening a saving account/current account in Bank Bumiputera
DOCUMENTATION REQUIREMENTS
1. Photocopy of KTP (Resident’s Identity Card) of spouse
2. Photocopy of Family Card, Marriage Certificate
3. Photocopy of PBB (Land & Building Tax)/ electricity/telephone bills
4. Original slip of last salary and statement of employment
5. Color Passport Photo of 3x4 of Husband and Wife (1 pc)
6. Photocopy of Current/Saving Account of the last 3 months
7. Photocopy of Practice License/Decision Letter of Appointment issued by the related Agency for professionals
8. NPWP (Taxpayer Registration Number) (for a loan of Rp.50 million or more) or SPT PPh 21 (Tax Return of Income Tax Article 21)
9. Photocopy of company’s deed of establishment, Business License, Certificate of Company Registration and financial statement
