Further Information

KTA Cashbiz Flex is unsecured loan credit with revolving facility launched by PT. Bank OCBC NISP, Tbk and specialized for entrepreneurs to develop business needs. The main feature of KTA Cashbiz Flex is a facility so you will not be charged if do not make withdrawal transactions (except for provision and stamp duty fees).

Type of Payment Schemes (Payment examples refer to Installment Simulation):

1. Fixed Installment with Effective Rate : Payments with fixed installment method until the end of loan tenor with effective interest calculation.
2. Fixed Installment with Flat Rate : Payment with fixed installment method until the end of loan tenor with flat interest calculation.
3. 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
4. Balloon Interest Only : Payment of interest for early tenor, and at the end of loan tenor, principal and interest are billed.
5. Bullet Payment : Payment of principal and interest are paid all at once at the end of loan tenor

Requirements for applying KTA Cashbiz Flex OCBC:

• Mandatory Indonesian Citizens (WNI) with the age of 21-70 years
• Work as an entrepreneur/self-employed/entrepreneur/other profession who has owned/run a business/profession for at least 2 years
• 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
• Signature photo on white paper

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

A. Fixed Installment with Effective Rate

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

B. Fixed Installment with Flat Rate

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