Kredit Modal Kerja

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

Product Requirement:

Currency IDR/USD/SGD
Credit Limit Up to 20 Bio Rupiah
Collateral Type House, 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    Overdraft is a working capital loan with revolving borrowing facility, which means that the loan can be withdrawn(through the medium of cheque and transfer form) and settled repeatedly as long as it is within the loan tenor (maximum 1 year) with loan limit withdrawal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    Credit Type  :  Revolving (can be withdrawn and settled repeatedly as long as the loan limit is still available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by the Bank to the customer with maximum loan period of one year and revolving, which means that the loan can be withdrawn (through the media of accept letter) and settled repeatedly as long as it is within the loan tenor with loan limit withdrawal according to the agreed loan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    Credit Type  :  Revolving (can be withdrawn and settled repeatedly as long as the loan limit is still available)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the customer where the maximum loan tenor is 8 (eight) years and non-revolving whereas the loan’s limit that has been withdrawn may not be re-drawn repeatedly, even though the payment has been made – unlike overdraft.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

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

Document Requirements

Individual PT CV
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

Product Fee and Charges

Features
 Overdraft 
Demand Loan
Term Loan
Facility Fee
1% of loan limit per annum
1% of loan limit per annum
 1% of loan amount (one time)
Administration Fee
0.1% of loan limit per annum
0.1% of loan limit per annum
0.1% of loan limit (one time)
Minimum charge for administration fee of IDR 500,000 and maximum of IDR 2,000,000 (or equivalent for other approved currency) is applied at CIF level
Late Payment Fee/ Overdrawn Interest (for OD)

IDR=36% per annum USD or other approved currency = 24% per annum
Early Termination Fee
2% of loan limit 2% of loan limit 2% of the outstanding loan amount
Partial Repayment Fee
Free of Charge  Free of Charge 2% of partially repaid loan amount
Take Over Penalty
2% of loan limit 2% of loan limit 2% of the outstanding loan amount
Restructuring Fee
1% of loan limit per annum 1% of loan limit per annum  1% of the outstanding loan amount (one time)
Fire Insurance Fee
Follow the standard of Fire Insurance Premium Fee of Insurance Partners
Appraisal Fee
Refer to Appraisal Fee
Notary Fee
Follow the standard of Notary Fee of Notary Partners

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.