Further Information

KTA Cashloan Flex is an unsecured credit revolving loan facility issued by PT. Bank OCBC NISP, to filfill various individual needs such as home renovation, children's education, wedding and others.  Main feature of KTA Cashloan Flex is a facility with fees charged based on limit usage

Types of Payments (Examples of payments can be seen in Simulation):

1. Effective Interest Fixed Installments: Bill payments with the fixed installment method until the end of the tenor with effective interest calculation (interest is calculated based on the remaining unpaid loan principal).
2. Flat Interest Fixed Installments: Bill payments with the fixed installment method until the end of the tenor with flat interest calculations.
3. Balloon Payment Scheme: Bill payment for a small part of the principal and interest at the beginning of the tenor, then payment of the remaining principal and interest bill at the end of the tenor
4. Balloon Interest Payment Scheme: Interest bill payment every month and at the end of the loan period, interest payments are made for the last month and all loan principal
5. Bullet Payment: Payment of principal and interest bills made at the end of the loan tenor

Requirements for applying for KTA Cashloan Flex OCBC:

• Mandatory Indonesian Citizens (WNI) with the age of 21-55 years for employees, 21-58 years old for civil servants, or 21-65 years old for self-employed and professional
• Have fixed income for employees and civil servants of IDR 5 million, self-employed & professional IDR 8 million
• Minimum working period of 1 year for employees and civil servants or 2 years in the same field for Self-Employed/Professional
• Limited offer for selected Customers who will be informed via Email/SMS/WhatsApp

Documents Required

• Photo of electronic Identity Card (e-KTP)
• Photo of Taxpayer Identification Number (NPWP) (For submissions starting from a limit of IDR 50,000,000)
• Selfie photo with e-KTP (Specifically for submission via OCBC mobile)
• Signature photo on white paper (Only for submission via OCBC mobile)

Illustration of Installments using a loan value of IDR 30 million with a tenor of 3 months.

A. Fixed Installment with Effective Interest

Payments with fixed installment methods until the end of tenor with effective interest calculation

B. Fixed Installment with Flat Interest

Payment with fixed installment method until the end of loan tenor with flat interest calculation

C. Balloon Payment

Small portion payment of principal and interest for early tenor, and at the end of loan tenor, remaining principal and interest are billed

D. Balloon Interest Only

Payment of interest for early tenor, and at the end of loan tenor, principal and interest are billed

E. Bullet Payment

Payment of principal and interest are paid all at once at the end of loan tenor

^*The table is only an installments simulation. The amount of installments used by customers is in accordance with that recorded in the Bank's system. The simulation above uses an indicative interest rate per month. Interest rates are subject to change at any time based on Bank's policy.