For information/complain about Periodic Credit Bank Danamon, the Customer may visit the nearest branch or call Hello Danamon at 1-500-090.

If the due date of interest and/or the due date of the promissory note and/or the due date facility falls on Saturday/Sunday/Holiday, then the interest and/or basic fund payment will be debited on the last working day.

Interest payment will be on every 10 each month.

The Checking Account Credit for SGD or USD is using withdrawal slip medium.

Withdrawal procedures for Rupiah Checking Account Credit will use chequebook and BG as the medium.

Requirements will be presented on the Credit Application Form.

The possibility of interest rate increasing, following the current market mechanism.

If the credit facility is due dated and the Customer fails to pay the basic fund and the interest, then it will affect the Customer’s credit quality recorded in Bank Indonesia and the lost of higher interest payment above the normal interest, calculated by all the debt trays.

If the interest payment is late, then it will affect the Customer’s credit quality recorded in Bank Indonesia and there will be fined.

If the facility usage is over limited, then there will be a higher interest of the excessing.If the fund is not available when the withdrawal of clearing scrap (chequebook/BG), then there will be a clearing rejection and may affect the Customer’s track record on the blacklist of Bank Indonesia.The Customer may apply extension facility request if necessary.Loan facility withdrawal can be more flexible according to the Customer cash flow needs.Interest can be paid according to the tray debt used the basic fund is paid off on the due date of credit.The withdrawal mechanism using USD and SGD currencies is using withdrawal slip. This facility is provided for the selected debtor whose the revenue is in USD and SGD. This product is also available on USD and SGD currencies. This product offers flexibility where the Customer may withdraw at any time using chequebook/BG during the credit period. Checking Account Credit (CAC) is a short-term loan and the period of instalment can be extended. Loan facility that is provided for working capital necessity.

*) Only for productive investment and is not allowed for land purchasing/developing for a developer. Store, Office, Commercial Property, Workshop, Warehouse, Strata Title Shop/Kiosk with a certificate of ownership/strata title. Existing Customer up to Rp 30 billion (including working capital calculation).Ĭashback is calculated based on the ratio of current account average balance and the remaining instalment up to 1.25% p.a.The instalment facility is purposed for purchasing/refinancing of business place in the form of commercial property (warehouse, company, store, office, strata title kiosk). *If the Giro BISA average balance is more than Rp 100 million. Foreign exchange rate subsidy +/- 5 bps.Cashback based on current account average balance.The maximum period of the loan with balloon payment is 8 years.Ĭertificate of Ownership/Strata Title (under Development Right asset is not allowed)īISA Periodical Instalment is a loan provided by Bank Danamon for investment necessity and refinancing (including taking over) in supporting the Customer business activities which should be bundled with CASA product and e-channel service. BALLOON PAYMENT is available up to 30% maximum īPO of Store is provided for purchasing a productive asset such as shop/office in supporting the Customer business activities, including a Take-Over.īalloon Payment is a funding with the remaining basic fund has to be paid off on the due date (periodical instalment with 70% of the basic fund will be in instalments according to the tenure and the remaining 30% will be paid off on the due date of the loan.AFFORDABLE, minimum down payment at 10%.FLEXIBLE, Loan period is up to 20 years.BENEFICIAL, fixed interest of 9.00% for the first 2 years and 9.25% for the first 3 years during promotion period.A more affordable instalment where the remaining basic fund may be paid-off on the due date of the loan. Danamon provides another leading product of Business Premises Ownership of Store that is a kind of funding to buy new business site such as store and office with a longer period of instalment.

Capital on 360 chequebook