BRI's KUR Loan Program for MSMEs: Details and Benefits

Overview of KUR Loan

PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) is offering the Kredit Usaha Rakyat (KUR) loan program with competitive interest rates for Micro, Small, and Medium Enterprises (MSMEs) in 2025. The KUR program is a government-backed initiative designed to provide MSMEs with access to financing at subsidized interest rates.

Interest Rates and Loan Amounts

The KUR loan program offers interest rates ranging from 3% to 9% per annum, depending on the loan amount and type. For KUR Super Mikro loans up to Rp10 million, the interest rate is 3% per annum. For KUR Mikro loans between Rp10 million and Rp100 million, and KUR Kecil loans between Rp100 million and Rp500 million, the interest rates are tiered at 6%, 7%, 8%, and 9% per annum based on the loan cycle.

Repayment Terms and Monthly Installments

The loan amounts range from Rp1 million to Rp100 million with flexible repayment terms up to 60 months. The monthly installments vary based on the loan amount and repayment period. For example, for a loan of Rp10 million, the monthly installment for a 12-month tenure is approximately Rp883,333, while for a 60-month tenure, it is about Rp216,667.

Application Process

MSMEs can apply for the KUR loan online through BRI's official KUR website. The application process involves registering on the portal, filling out the required information, uploading necessary documents, and submitting the application. Once approved, the loan amount is disbursed, and the MSME can start repaying the loan according to the agreed terms.

Benefits for MSMEs

The KUR loan program is an attractive financing option for MSMEs due to its subsidized interest rates and flexible repayment terms. It provides MSMEs with the necessary capital to grow their businesses, improve their operations, and increase their competitiveness in the market. With BRI's extensive branch network and online application facility, MSMEs can easily access this beneficial loan program.