KUR Sharia

KUR is a working capital and/or investment credit/financing provided to productive and viable MSME-scale individuals/persons who do not yet have additional collateral or whose additional collateral is insufficient.

  • Main Product Features
    • Ceiling: Rp10,000,000 (ten million rupiah) up to Rp500,000,000 (five hundred million rupiah)
    • Interest Rate/Margin: Tiered interest rate (first 6%, second 7%, third 8%, fourth 9%) per annum effective/annuity
    • Loan Term/Tenor: Working Capital maximum 3 (three) years and investment maximum 5 (five) years with a grace period of up to 6 (six) months.
    • Type of Collateral: The main collateral is the business viability or the object financed. Additional collateral that can be bound according to provisions.
  • Benefits
    • Strengthens business capital capabilities in the context of implementing policies to accelerate real sector development.
    • Increases and expands access to financing for productive businesses.
    • Increases the capacity and competitiveness of Micro, Small, and Medium Enterprises.
    • Encourages economic growth and employment absorption.
  • Requirements
    • National Identity Number (NIK)
    • Taxpayer Identification Number (NPWP) for limits above Rp50,000,000.
    • Copy of Family Card (KK)
    • Copy of Marriage/Divorce Certificate (for prospective debtors who are married/divorced).
    • Business Identification Number (NIB) or Micro and Small Business Certificate (SKU) issued by RT/RW, sub-district/village, or authorized officials and/or other requirement certificates in accordance with regulatory provisions.
    • BPJS Ketenagakerjaan (Employment Social Security) membership (specifically for Small KUR and Special KUR with a ceiling > Rp100,000,000).
  • 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 KUR RIPLAY

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