BCA Introduces Unsecured Loan Product with Rp100 Million Limit

Key Features of BCA Personal Loan

PT Bank Central Asia Tbk. (BCA) has launched an unsecured loan product called BCA Personal Loan, offering customers a maximum credit limit of Rp100 million. This financial product is designed for individuals requiring quick access to funds without the need to provide collateral. The loan features a straightforward application process that can be completed either through BCA's branch network or via official digital channels.

Application Process and Required Documents

To apply for the BCA Personal Loan, applicants must fill out an application form and provide supporting documents as required by the bank. The specific documents needed may vary depending on the applicant's employment status. For loan amounts up to Rp50 million, applicants without a tax identification number (NPWP) are required to submit a statement letter confirming their NPWP status. All submitted documents are non-returnable, so applicants are advised to provide certified copies where appropriate.

Financial Terms and Conditions

The BCA Personal Loan comes with several financial terms that applicants should be aware of:

• Provision Fee: 1% of the loan amount or a minimum of Rp100,000
• Monthly Interest Rates (Flat Rate):
  • 12 months tenor: 1.00% per month
  • 24 months tenor: 1.03% per month
  • 36 months tenor: 1.07% per month
• Late Payment Penalty: 0.28% per day of the outstanding bill
• Early Repayment Fee: Rp200,000 (applicable after a minimum of 6 installment payments)
• Stamp Duty: Rp10,000

Benefits and Considerations

The BCA Personal Loan offers several benefits, including a relatively quick disbursement process and flexible repayment terms that can be tailored to the borrower's financial situation. However, potential borrowers should carefully consider the associated costs, including interest rates and fees, to ensure that the loan remains affordable throughout the repayment period.