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Product Information

Description

1

Product Name

PRK Demand

2

Types of Products

Loan Products

3

Issuer Name

Bank SBI Indonesia

4

Main Feature

Working capital credit that can be drawn and returned with prior notice to the Bank. Any withdrawal should be accompanied with Promissory Note, where the customer can withdraw these credits repeatedly as long as the debit balance does not exceed the limit.

5

Benefits

Customer has the flexibility of a withdrawal and payment of the credit over a period of a loan as per the requirements agreed upon. Credit facilities can be used for working capital, which is permanent. Hence, before the date of maturity if the customer performance is satisfactory, credit facilities can be extended continuously. The use of credit facilities within an extended period allows customers to obtain benefits, for instance, determine an inexpensive cost of fund.

6

Risk

Failure to pay in accordance with the obligations that have been agreed

7

Requirements & Procedures

The customer fills out and signs the Account Opening Application Form for PRK Demand and owns saving and current account and follows the terms & conditions applicable at Bank SBI Indonesia and submits Photocopies of KTP/Passport/SIM for Indonesian citizens and KITAS for foreigners, NPWP, and the legality of the company You can submit questions and complaints through the nearest Branch Office and contact the Call Center number listed. Complete the requirements by submitting the form to the bank, along with historical data consisting of financial developments (can be seen in the balance sheet and profit and loss), type, amount and use of credit and debit balances (for those who have obtained credit), administration and reports, consistency with credit terms, sources and uses of funds, cash flows (cash flow) data on cash receipts and disbursements accompanied by factors that influence it, purchases, production and sales/exports, resources (human, capital and material). Submit collateral data in the form of record and mastery of documents or physical collateral related to the credit requested. This data consists of a list of collateral, type of collateral, location, ownership, market, juridical value and economic value, as well as the binding method.

8

Charges

Interest Rates and Provision/Administrative/Insurance Fees

9

Additional Information

Individual & Corporate Customers

10

Simulations and/or historical data, in terms of products and/or services that have funding , lending activities and/or fund management

The balance position at the end of the day of the Loan Customer is IDR 1000,000, Interest 5 %, , then the interest paid by the  Customer on that day is: 10,000 x 5% divided by 360