Enjoy the facility provided by the Bank to provide ease in fulfilling your working capital needsProduct Requirement:CurrencyIDR/USD/SGD Credit LimitUp to 20 Bio RupiahCollateral TypeHouse, apartment, shop-house, warehouse, factory, land, deposit, SBLCWorking Capital credit can be in the form of:Overdraft Overdraft is a working capital loan with revolving borrowing facility, which means that the loan can be withdrawn(through the medium of cheque and transfer form) and settled repeatedly as long as it is within the loan tenor (maximum 1 year) with loan limit withdrawal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 expenditureShort 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any time as long as within the facility time limit.•Interest Payment : Monthly•Credit Type : Revolving (can be withdrawn and settled repeatedly as long as the loan limit is still availableDemand Loan Demand Loan is a loan facility granted by the Bank to the customer with maximum loan period of one year and revolving, which means that the loan can be withdrawn (through the media of accept letter) and settled repeatedly as long as it is within the loan tenor with loan limit withdrawal according to the agreed loan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Payment : Maximum on the loan maturity date•Interest Payment : Monthly•Credit Type : Revolving (can be withdrawn and settled repeatedly as long as the loan limit is still available)Term Loan Term Loan is loan facility granted by the Bank to the customer where the maximum loan tenor is 8 (eight) years and non-revolving whereas the loan’s limit that has been withdrawn may not be re-drawn repeatedly, even though the payment has been made – unlike overdraft.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 SimulationGeneral Customer RequirementINDIVIDUALBUSINESS Debtor Indonesian Citizen (WNI)Foreign Owned Company (PMA) Domestic Owned Company (PMDN) Age Minimum : 21 years Maximum : 65 years N/ADomicileRuns a business where Commonwealth Bank has a branch Sales Minimum Rp300 Million per year Length of Business ≥2 yearsDocument RequirementsIndividualPTCVIDENTITYCopy 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)✓✓FINANCIALSBank Account✓✓✓Financial Report ✓✓COLLATERALCopy of Sertifikat Tanah (Land Certificate)✓✓✓Copy of IMB (Building Permit)✓✓✓Copy of last year’s PBB SPPT and STTS (Land & Building Tax)✓✓✓Submission ProcedureBiayaFees and ChargesOverdraftDemand LoanTerm LoanCredit Facility Fees1% from loan limit per year1% 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 / customer0.1% 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 monthEarly Payment Fee N/A2% from loan limit2% from outstandingPartial Payment Fee N/A2% from settled payment Take Over Penalty Fee 2% from loan limit2% from oustandingBelow is the list of fire insurance company that having cooperation with PT.Bank Commonwealth:No.Fire Insurance1.PT. Asuransi MSIG Indonesia2.PT. Asuransi Allianz Utama Indonesia3.PT. Asuransi Sompo Japan Nipponkoa Indonesia4.PT. Asuransi Dayin MitraRiskInterest 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.