No

Informasi Produk

Keterangan

1

Product Name

PRK

2

Types of Products

Loan Products

3

Issuer Name

Bank SBI Indonesia

4

Main Feature

Short term revolving working capital credit facilities which withdrawals' and returns' may be made at any time as required. Withdrawal of borrowings is made by using cheque instruments, bilyet giro or based on written instructions from the customer.

5

Benefits

Withdrawal facility can be done anytime as needed by Customers. Maximum duration for the facility is 12 months and can be extended after review. The facility is revolving. Facility withdrawal is made using Cheque, Bilyet Giro.  Payment or settlement of the facilities used can be done anytime. Interest is calculated on a daily basis based on the effective balance at the end of the day.

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/Overdraft facility and Customer 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 Loans 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