BUMIPUTERA MORTGAGE LOAN

You don’t have to think too much about finding the deposit payment/down payment to get a mortgage for your future home!

Through our advantaged product, the ICB Bumiputera KPR (Mortgage Loan) grants all ICB customers to have their own home.

KPR Features

• Flexible loan duration up to 25 years
• Free to choose property location, whether it is a real estate or not
• Types of properties financed can vary: house, shophouse, home office and apartment – new or second-hand
• Pre-Approved Credit Card for every successful KPR application

Definitions

The KPR is a credit with property as pledged asset, that can be used to:

• Buy a living place: house, apartment, shophouse, home office – new or second-hand
• Building a house (on a land already owned by the future debitor)
• Take Over KPT from other financial institutions
• Refinancing house, shophouse, home office and apartment for multifunctional purposes

Requirements

• Indonesian Citizen
  
  
• Individual
  
  
• Already fully major by the time the credit starts
  1. Employee: 23-55 years old/retirement age when the credit is due/finished.
  2. Entrepreneur/professionals: 25-60 years old when the credit is due/finished.
     
     
• Work Experience
  1. Regular employees: 2 years of minimum work experience.
  2. Professionals/Self-employed: 3 years of minimum work experience in the work domain.
     
     
• Must open a current account/savings account at ICB Bumiputera Bank with minimum Hold funds of 1 (one) time loan installment amount.

Fees

• Provision Fees 1%
• Minimum Administration Fees Rp 250,000.00
• Minimum Pledge Appraisal (for non-partner Developers) Rp 750,00.00
• Life Insurance & Fire Insurance
• Notarial Deeds (Credit Deeds and Pledge Bonds)

Penalty for accelerated repayment

• <- 1 (one) Year

Total Repayment: 3% from the rest of the principal debt core

Partial Repayment:  A minimum of 3 (three) times of installments with penalty fees 3% from total repayment amount, with a minimum amount of Rp 100,000.00

• >- 1 (one) Year

Total Repayment: 1% from the rest of the principal debt core

Partial Repayment:  A minimum of 3 (three) times of installments without penalty fees, only Administration Fees of Rp 100,000.00

Rate

• 12,99% fixed for 1 year

Required Documents

1.     Photo copy of Applicant ID Card (Husband/Wife)

2.     Photo copy of Family Identity Card, Marriage Certificate

3.     Photo copy of Marriage Certificate / Death Certificate / Divorce Certificate / Separate Property (if any)

4.     Photo copy of name-changing decree (if any)

5.     Pledged Property Ownership Documents (SHM / SHGB, SHM Sarusun, IMB, PBB)

6.     NPWP** (Tax Card) or SPT PPh 21 from the last fiscal year

7.     Current Account / Savings Account from the last 3 months

8.     Color ID Photo (sized 3 cm x 4 cm) of the Husband and the Wife (1 copy each)

9.     Original Payslip and employment attestation (for individuals)

10.  Photo copy of Company-Founding Act, SIUP, TDP and financial reports (for entrepreneurs / company owners)

11.  Photo copy of professional practice license (for professionals)