BCA - Home Renovation Loan

KPR Refinancing

KPR Renovation

Solution for bigger house because of increasing family members or to create a new atmosphere at home

Benefits

Important Information

General Requirements

Indonesian citizens
Permanent Employees with minimum 1 year employment at the same company or 2 years total employment
Professionals/entrepreneur with minimum 2 years employment at the same field
Minimum age 18 years or married
Maximum age of 66 years when the credit ends for Professionals/entrepreneur
Maximum age of 56 years when the credit ends for Permanent Employees
The applicant is obliged to cover insurance (life and fire) with the condition of the banker's clause
Willing to sign a credit agreement and APHT (Liability Charge Act)
Auto debit payment from the applicant's BCA account

Document Requirements

Work Type

Personal Documents

Copy of Applicant’s ID Card
Copy of spouse’s ID Card
Copy of Marriage Certificate/Divorce Certificate/Spouse Death Certificate
Copy of Notarial Asset Separation Deed and registered with KUA or civil registry (if any)
Copy of Family Card
Copy of Applicant’s NPWP ᵅ
Copy of Salary Slip/Certificate of Income for the last 1-month ᵇ
Copy of Bank Statement/Savings for at least the last 3 months ᵇ
Proof of appraisal payment ^c

Property Documents

Copy of HM/HGB/HMSRS Certificate ^d
Copy of IMB
Copy of the latest PBB when signing the PK
Copy of Deed of Sale and Purchase (AJB) ^e
Renovation Budget Plan (RAB)

Remarks:

ᵅ) Borrower with wife status not separated by assets can use the husband’s NPWP

ᵇ) If joint income (husband/wife income is combined), the spouse’s document must be attached

^c) Especially for branches that have implemented appraisal payment in advance

^d) The HM/HGB/HMSRS as collateral documents must be in the name of prospective borrowers or spouse

^e) Non-Developer only

Personal Documents

Copy of Applicant’s ID Card
Copy of spouse’s ID Card
Copy of Marriage Certificate/Divorce Certificate/Spouse Death Certificate
Copy of Notarial Asset Separation Deed and registered with KUA or civil registry (if any)
Copy of Family Card
Copy of Applicant’s NPWP ᵅ
Copy of NPWP for Business Entity
Copy of TDP/NIB ᵇ
Copy of Deed of Establishment/Current Amendment ^b
Copy of Bank Statements/Savings Account for at least the last 3 months ^c
Proof of appraisal payment ^d

Property Documents

Copy of HM/HGB/HMSRS Certificate ^e
Copy of IMB
Copy of the latest PBB when signing the PK
Copy of Deed of Sale and Purchase (AJB) ^f
Renovation Budget Plan (RAB)

Remarks:

ᵅ) Borrower with wife status not separated by assets can use the husband’s NPWP

ᵇ) Especially for businesses in the form of PT & CV legal entities

ᶜ) If joint income (husband/wife income is combined), the spouse documents must be attached

^d) Especially for branches that have implemented appraisal payment in advance

^e) The HM/HGB/HMSRS as collateral documents must be in the name of prospective borrowers or spouse.

^f) Non-Developer Only

Personal Documents

Copy of Applicant’s ID Card
Copy of spouse’s ID Card
Copy of Marriage Certificate/Divorce Certificate/Spouse Death Certificate
Copy of Notarial Asset Separation Deed and registered with KUA or civil registry (if any)
Copy of Family Card
Copy of Applicant’s NPWP ᵅ
Copy of NPWP for Business Entity ^b
Copy of Practice License
Copy of Bank Statements/Savings Account for at least the last 3 months ^c
Proof of appraisal payment ^d

Property Documents

Copy of HM/HGB/HMSRS Certificate ^e
Copy of IMB
Copy of the latest PBB when signing the PK
Copy of Deed of Sale and Purchase (AJB) ^f
Renovation Budget Plan (RAB)

Remarks:

ᵅ) Borrower with wife status not separated by assets can use the husband’s NPWP

ᵇ) Especially for businesses in the form of PT & CV legal entities

ᶜ) If joint income (husband/wife income is combined), the spouse documents must be attached

^d) Especially for branches that have implemented appraisal payment in advance

^e) The HM/HGB/HMSRS as collateral documents must be in the name of prospective borrowers or spouse

^f) Non-Developer Only

Interest Rates

Interest Rates Promo

Fix Rates	Refinancing (eff.p.a)	Minimum Tenor
Fix 1 years	3.75%	3 years
	4.75%	2 years
	5.25%	1 years
Fix 2 years	4.75%	5 years
	5.75%	3 years
	6.25%	2 years
Fix 3 years	4.70%	12 years
	4.90%	10 years
	5.20%	8 years
	5.90%	5 years
	6.65%	3 years
Fix 5 years	5.70%	12 years
	6.00%	10 years
	6.50%	8 years
	6.70%	7 years
	7.60%	5 years
Fix Ratesx & Cap	Refinancing (eff,p,a)	Minimum Tenor
Fix 2 years	4.75%	10 years
Cap 3 years	7.75%	10 years
Fix 2 years	6.90%	5 years
Cap 3 years	8.90%	5 years
Fix Rates Berjenjang 8 years	Refinancing (eff.p.a)	Minimum Tenor
Years 1 to 3	5.30%	8 years
Years 4 to 6	8.60%
Years 7 to 8	10.60%
Fix Rates Berjenjang 10 years	Refinancing (eff.p.a)	Minimum Tenor
Years 1 to 3	5.30%	10 years
Years 4 to 6	8.60%
Years 7 to 10	10.60%
Fix Rates Berjenjang 10 years	Refinancing (eff.p.a)		Minimum Tenor
1^st year	3.75%	10 years
Years 2 to 3	6.35%
Years 4 to 6	8.75%
Years 7 to 10	10.65%

REGULER RATES (eff. p.a)

Fix Rates	Renovasi
Fix 1 years	8.00%
Fix 2 years	8.50%
Fix 3 years	9.00%
Fix 5 years	9.50%
Fix Rates	Renovasi
Fix 3 years	9.00%
Cap 2 years	10.00%

Notes :

After the fixed rate period ends, the applicable interest rate is a variable interest rate (floating) and is reviewed every 6 months.
After the Fix & Cap period ends, the applicable interest rate is a variable interest rate (floating) and is reviewed every 6 months.
Valid until 31 August 2023

The current floating rates for KPR BCA is 11%.

Fees

LOAN APPLICATION FEES

Provision Fee: 1% of the credit limit
Administration Fee: IDR500,000 to IDR1,000,000
Appraisal Fee: IDR1,100,000 to IDR1,500,000
Collateral Binding Fee: as per the notary invoice

INCIDENTAL FEES

Life Insurance Fee: as per the insurance company's confirmation
Loss Insurance Fee: as per the building inspection results
Penalty: 0.2% per day of late payment of unpaid installments
Early Repayment Fee: as per the agreement
Fee of mortgage discharge (HT-el): IDR500,000 (Valid in Jabodetabek as of August 1, 2023)

Note:
The fees listed above are subject to change at any time according to the bank's policies. Prior notice will be given to customers in case of any changes.

Fees, Limits, and Interest Rates

KPR Renovation

Why renovate your home with KPR BCA?

Various Options

Light Installments

Under Control

Find your house at Rumahsaya BCA

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