Sharia Housing Program Credit (KPP)

Investment credit/financing and/or working capital credit/financing provided to Micro, Small, and Medium Enterprises in the form of individuals or business entities carried out in order to support the achievement of priority programs in the housing sector.

  • Main Product Features
    • Ceiling:
      • Housing Supply Side (Supply): Above Rp500,000,000 up to Rp5,000,000,000;
      • Housing Demand Side (Demand): Above Rp10,000,000 up to Rp500,000,000;
    • Interest Rate/Margin:
      • Housing Supply Side (Supply): Minimum 8.00% p.a. effective/annuity floating rate
      • Housing Demand Side (Demand): Minimum 6.00% p.a. effective/annuity floating rate
    • Loan Term/Tenor:
      • Housing Supply Side (Supply): Maximum of 4 (four) years for working capital credit; or Maximum of 5 (five) years for investment credit
      • Housing Demand Side (Demand): Maximum of 5 (five) years
    • Type of Collateral: The main collateral is the object financed by the Housing Program credit. Additional collateral is a minimum of 100% - 120% of the credit ceiling based on the Confiscated Auction Price Assessment (THLS) or Cash Equivalent Value.
  • Fees
    • Provision Fee: -
    • Administration Fee: Rp25,000 (twenty-five thousand rupiah) up to Rp250,000 (Two Hundred Fifty Thousand Rupiah) depending on the credit ceiling
    • Collateral Appraisal Fee: Rp50,000 (fifty thousand rupiah) up to Rp1,000,000 (One Million Rupiah) depending on the credit ceiling
  • Benefits
    • Supports MSMEs in the form of developers, contractors, and building material merchants in the context of housing provision.
    • Increases the capacity of MSMEs in the form of developers, contractors, and building material merchants in the context of housing provision.
    • Supports MSME activities through the purchase, construction, or renovation of houses.
    • Encourages an increase in employment absorption.
    • Increases the contribution of the housing sector to economic growth.
  • RIPLAY (Product or Service Information Summary)
    • The general version of RIPLAY (Product and Service Information Summary) is a standard document that contains comprehensive important information regarding financial products or services
    • Sharia Housing Program Credit (KPP) RIPLAY

For further requirements, terms, or information regarding our products, please contact Bank Jatim Info 14044 or visit the nearest Bank Jatim Branch Office directly.