Other Benefit

Low Interest Rates

Provides Low Interest Rates for 5 years

Further Information

Related information about Automobile Loan

No	Type	Description
1	Provision	1% loan plafond
2	Administration Fee	IDR 1.000.000
3	Insurance Premium	Subject to charges imposed by OCBC insurance partners
4	Notary	Subject to charges imposed by OCBC notary partners
5	Appraisal	IDR 750.000
6	Late Charges	0.15% per day of delayed payments
7	Penalty	3% of the amount paid off
8	Safekeeping Certificate Fee	Safekeeping Certificate fee of IDR 20,000 per day will be charged since the date of paid off, if the certificate documents haven't been collected in 30 calendar days after the credit facility is paid off
9	Interest rate	In accordance with the Rate Promo

Terms to Apply Automobile Loan

Indonesian citizens
Aged 21-55 for employees and ages 21-70 for entrepreneurs / professionals
Have a steady income
Financing starts from IDR 100 million minimum up to IDR 2 billion maximum
Personal documents such as KTP and NPWP
Financial documents such as a photocopy of a savings account
Other documents such as Vehicle Orders from the Dealer

How to Apply KPM

Choose your car

A new car from an authorized dealer and non-authorized dealer.

Apply for credit

Fill in the request form
Provide the necessary documents
Identification documents such as Identification Card or Tax number (NPWP)
Financial documents such as a photocopy of your savings account
Other necessary documents such as Vehicle order letter from the dealer

Credit agreement

Signature on the Offering Letter
Settle the Down Payment

Installment payment

Installment up to the end of the credit period

Automobile Loan

FAQ

Frequently Asked Questions about Automobile Loan

Will I be fined if I make a payment late 1 day from the due date?

It is true that you will be fined if you make payments past the due date, even if it's only 1 day late. Therefore, we recommend that you make payment on the previous business day if the due date of your installments coincides on holidays (including Saturday + Sunday)

My payment is autodebet and there are late installment penalties, will the fine be debited at the same time as the installment principal?

For payment installment via auto-debit, should there be a delay in payment resulting in penalty fee, the system will prioritize to debit the penalty fee amount first, then the interest and principal. This shall applies to all transactions.

Is there a maximum deadline for early termination (ET)?

True, there is a deadline for payment for accelerated repayment at 12.00 WIB. After making payment, please Mr / Mrs can send proof of payment can be sent to the email sld.aftersales@ocbc.id

What will be the impact if after my tenure has ended, the BPKB guaranteed in PT. Bank OCBC NISP Tbk is not taken immediately?

Bank OCBC will still keep the BPKB, but after the 60 calendar day deadline from the last payment was made, a BPKB deposit fee will be charged with a nominal value of Rp. 25,000 / month

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