Micro Business Loans (KUM)

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About Micro Business Loans (KUM)

Get to know the product

Working capital loans and investment loans provided by the Bank to micro entrepreneurs in order to develop their business.

Name of Issuer

Main Features

Benefits

Risk

If there are payment arrears, the debtor's credit history will be recorded in the Financial Information Service System (SLIK).
There is an additional penalty fee if the debtor is in arrears of credit obligations
Collateral may be repossessed if payment obligations are not fulfilled in accordance with the Credit Agreement.

Requirements

Individual business.
Having a permanent residential address in the working area of Bank Sumsel Babel, proven by an Identity Card (KTP).
The business location is fixed and within the reach of Bank officers to collect every day.
Location / place of business in the form of Los, Ruko, Petak Pasar and others that do not conflict with local government regulations.
The age of the micro-entrepreneur at the time of credit application is at least 21 years old or married.
Have a Risk Based Business Identification Number (NIB).
The business to be financed fulfils the provisions of the micro business criteria in the applicable law.
Other data/requirements as required by the credit process.

Cost

Regarding the fees charged, please contact the nearest Bank Sumsel Babel Branch Office directly.

Additional Information

To get more information about Bank Sumsel Babel credit products, please visit the nearest Bank Sumsel Babel Branch Office or contact Customer Care Hotline 1500711.