Kredit Modal Kerja

Enjoy the facility provided by the Bank to provide ease in fulfilling your working capital needs

Product Requirement:

CurrencyIDR/USD/SGD
Credit LimitUp to 20 Bio Rupiah
Collateral TypeHouse, apartment, shop-house, warehouse, factory, land, deposit, SBLC

Working Capital credit can be in the form of:

  1. Overdraft
    Overdraft is a working capital loan with revolving borrowing facility, which means that the loan can be withdrawn(through the medium of cheque and transfer form) and settled repeatedly as long as it is within the loan tenor (maximum 1 year) with loan limit withdrawal according to the agreed loan limit.

    Benefit:
    Withdrawal and payment of loan principal can be performed any time
    Perfect for payment of working capital / seasonal expenditure / unexpected expenditure

    Short Summary:

    Loan Purpose : For daily operational funding, fulfillment of daily cash-flows and seasonal / unexpected expenditure
    Tenor  : Maximum 1 year (can be extended)
    Principal Payment  : May be performed any time as long as within the facility time limit.
    Interest Payment  : Monthly
    Credit Type  : Revolving (can be withdrawn and settled repeatedly as long as the loan limit is still available
  1. Demand Loan
    Demand Loan is a loan facility granted by the Bank to the customer with maximum loan period of one year and revolving, which means that the loan can be withdrawn (through the media of accept letter) and settled repeatedly as long as it is within the loan tenor with loan limit withdrawal according to the agreed loan limit

    Benefit:
    The payment of principal can be adjusted with inflow of cash
    Perfect for project funding

    DShort Summary:

    Loan Purpose : Purchase of materials, projects, or any monthly expenditure (working capital)
    Tenor  : Maximum 1 year (can be extended)
    Principal Payment  : Maximum on the loan maturity date
    Interest Payment  : Monthly
    Credit Type  : Revolving (can be withdrawn and settled repeatedly as long as the loan limit is still available)
  1. Term Loan
    Term Loan is loan facility granted by the Bank to the customer where the maximum loan tenor is 8 (eight) years and non-revolving whereas the loan’s limit that has been withdrawn may not be re-drawn repeatedly, even though the payment has been made – unlike overdraft.

    Benefit:
    The payment of principal and interest is paid in installment per month according to the installment schedule
    Perfect for property payment with tenor up to 8 years.

    Short Summary:

    Loan Purpose : To fulfill the needs of working capital
    Tenor  : Maximum 8 years
    Principal Payment  : Monthly
    Interest Payment  : Monthly
    Credit Type  : Non-revolving (not able to be re-drawn repeatedly)

Loan Simulation

General Customer Requirement

INDIVIDUALBUSINESS
Debtor Indonesian Citizen (WNI)Foreign Owned Company (PMA)
Domestic Owned Company (PMDN)
Age Minimum : 21 years
Maximum : 65 years
N/A
DomicileRuns a business where Commonwealth Bank has a branch
Sales Minimum Rp300 Million per year
Length of Business ≥2 years

Document Requirements

IndividualPTCV
IDENTITY
Copy of Debtor & Husband / Wife’s KTP
Copy of Marriage Certificate/ Akta Nikah (If Married)
Copy of Family Certificate/ Kartu Keluarga
Copy of NPWP (Tax File Number)
Copy of SIUP (Business License)
Copy of TDP (Company Registration)
Copy of Akta Pendirian (Deed of Establishment)
Copy of Anggaran Dasar (Articles of Association)
Copy of Anggaran Perubahan (amendment of Articles of Association)
FINANCIALS
Bank Account
Financial Report
COLLATERAL
Copy of Sertifikat Tanah (Land Certificate)
Copy of IMB (Building Permit)
Copy of last year’s PBB SPPT and STTS (Land & Building Tax)

Submission Procedure

Biaya

Fees and Charges

Overdraft

Demand Loan

Term Loan

Credit Facility Fees

1% from loan limit per year

1% dari loan limit (one-off fee)

Administration Fee

0.1% from loan limit, minimum Rp.500.000,- and maximum Rp. 2.000.000,- (or equivalent for all accepted foreign currency) per year / customer

0.1% from loan limit, minimum Rp.500.000,- and maximum Rp. 2.000.000,- (or equivalent for all accepted foreign currency) one –off fee.

Overcharge Fee or Late Payment Fee

Rupiah = 3% per month
USD or any other accepted currency = 2% per month

Early Payment Fee

N/A

2% from loan limit

2% from outstanding

Partial Payment Fee

N/A

2% from settled payment

Take Over Penalty Fee

2% from loan limit

2% from oustanding

Below is the list of fire insurance company that having cooperation with PT.Bank Commonwealth:

No.Fire Insurance
1.PT. Asuransi MSIG Indonesia
2.PT. Asuransi Allianz Utama Indonesia
3.PT. Asuransi Sompo Japan Nipponkoa Indonesia
4.PT. Asuransi Dayin Mitra

Risk

Interest Rate Risk
Loan interest rate may be adjusted from time to time; The Bank will provide 30 days notification prior to the interest rate adjustment.

Currency Exchange Risk
The fluctuation of currency exchange rate value may cause a change towards loan in foreign currency, therefore the Bank has to conduct conversion of such loan to Rupiah with prior notification regarding the conversion to the client.