Investment loan is a non-revolving investment credit used to finance an investment of fixed assets, whose repayments will be done in installments with a principal repayment core fixed upfront.

Specifications:

·     Is non-revolving.

·     Funds withdrawal can be done in one time or in multiple installments.

·     For multiple withdrawals, the maximum period is 12 months.

·     After the fund withdrawal has reached 100% of the total facility, the repayments must start in the next month, except when a Grace Period is granted.

·     Every withdrawal must use ACCEPTANCE LETTER or CASH RECEIPT.

·     Principal repayment amount can be flat/the same or differ each month, but the amount is to be agreed upfront.

·     Customer must have a Giro Relation Account.

·       Effective interest rate is calculated from daily debited balance.

·       Credit interest can change at any time (floating rate).

·       Can be given in Rupiah or Foreign Currencies.

·     Can have a short, medium or long duration.

What is it for?

·     The Investment Loan is used to finance investments, for example production tools/machines, building a factory, etc.