Back to Business Loan

Local Loan

Flexible financing business solution

Why Local Credit?

Usage Based

Credit payment is processed through installment with interest calculation based on the day of credit usage

Flexible

Fund can be anytime with well-planned installment credit payment

Trusted Service

Trusted, secure and reliable banking service

Local Loan

Local Loan

Flexible financing solution for withdrawal and repayment that can be done anytime during credit facility time period through checking account

Benefit

Broad Network
Broad network all over Indonesia
Various Financing Alternative
Various financing alternative based that suitable to your business needs
Various Kind of Business
Able to accommodate various kind of business
Convenient
Provide convenient way to achieve your business target

Important Information

  • The tenor/credit period is 1 year and is extendable
  • The loan can be drawn multiple times throughout the credit period up to the maximum limit by using cheques or Bilyet Giro
  • The borrower can repay the loan at any time
  • BCA makes the loan to the borrower by providing a maximum limit for drawdown in the current account

Terms and Conditions for Individuals

  • Aged over 17 years or married
  • Indonesian citizen
  • Not having been declared bankrupt nor being in bankruptcy proceedings

Terms & Conditions for Business Entities

  • Incorporated/established in Indonesia under the Indonesian law
  • Compliance with the borrower’s Articles of Association and the prevailing laws and regulations
  • Not having been declared bankrupt nor being in bankruptcy proceedings

Documentary Requirements

  • A copy of the Resident Identity Card (KTP)
  • A copy of the Taxpayer Identification Number (NPWP) Card *)
  • A copy of the Family Card
  • A copy of the Spouse's Resident Identity Card (KTP)
  • A copy of the Marriage Certificate
  • A copy of the Certificate of Divorce/Death *)
  • A copy of the Resident Identity Card (KTP) of the members of the Board of Directors and Board Commissioners **)
  • A copy of the Resident Identity Card (KTP) of the Shareholders **)

*) Mandatory, if any, for individual borrowers; optional for business entities

**) Only for business entities

Documentary Requirements for Collateral

Required Documents for Collateral in the form of Real Property

  • A copy of the Land Certificate
  • A copy of the KTP and NPWP of the Collateral Owner (If the collateral is registered in the name of another person)
  • A copy of the Building Permit (IMB)
  • A copy of the latest Notice of PBB (Land and Building Tax) Due
  • A copy of the proof of payment of the latest PBB (Land and Building Tax)

Required Documents for Collateral in the form of Time Deposit

  • A copy of the time deposit placement certificate (bilyet deposito)

Financial Documents

  • A copy of the Audited Financial Statements *)
  • A copy of the Internal Financial Statements *)
  • A copy of account statements for accounts opened at Other Banks (at least for the last 4 months)

*) Madatory, if any

Get the Service

BCA Branch Office
Find nearby BCA branch office location to get the service or product directly
More Info
e-Form
Fill the form with your identity for applying this product or service online
More Info
img logo

Register Local Loan