Prima Car Ownership Credit (KPM)

New car credits for passenger car types with competitive rates & DP, is an offering of the cooperation between Adira Finance and Bank Danamon for the Bank Danamon customers. This credit product comes complete with vehicle insurance, life insurance & personal accident insurance protection.

The excellence of Prima KPM :

  1. 25% low DP
  2. Low credit interest
  3. Document requirements for applying for credit are simpler
  4. Choice of tenors of up to 6 years
  5. Insurance includes:
    • Comprehensive vehicles + expansion (natural disasters, riots, 3rd party risks)
    • Personal accident insurance
    • Life insurance for credit protection (Credit Life)

DP, Interest and Other Costs

Pricing Structure

Tenor

12

24

36

48

60

72

Down Payment

25%

Flat Rate

4,00%

4,50%

5,00%

5,50%

7,40%

7,90%

Admin Fee (IDR)

Rp2.000.000

Rp2.000.000

Rp2.000.000

Rp2.250.000

Rp2.500.000

Rp2.750.000

Provisi

0%

 

KPM Prima Rate Tipe Commercial :

 

Tenor

12

24

36

48

Down Payment

30%

Flat Rate

5,40%

6,02%

7,14%

7,74%

Admin Fee (IDR)

Rp2.000.000

Rp2.000.000

Rp2.000.000

Rp2.250.000

Provisi

1%

Valid from 1 January 2019 - 31 December 2019

Credit Application Requirements

Nationality

WNI

Occupation

Employee, Professional, Businessman

Term of Service

For an Employee for a minimum of 1 year in the same employer

For Professional for aminimum of 2 years

Businessman for a minimum of 2 years

Minimum age when applying for credit

21 years or married

Maximum age up to the end of tenor

55 years

Credit debit will be through Bank Danamon Savings account


Document Requirements for Credit Application

No

Dokumen

K

W

P

1

Resident’s Identity Card of the Customer (photocopy)

X

X

X

2

Resident’s Identity Card of the wife / husband / guarantor (photocopy)

X

X

X

3

Family Card /Marriage Certificate (photocopy)

X

X

X

4

Land and Building Taxes (photocopy) or Ownership Rights Certificate / Building Usage Rights Certificate / Deed of Sale and Purchase (photocopy) or Electricity Bill / Potable Water Bill/ Telephone Bill (photocopy)
*) may be one of the documents

X

X

X

5

Professional Practice License (photocopy)

 

 

X

6

Taxpayer Identification Number (photocopy)

X

X

X

7

Company’s Business License (photocopy)

 

X

 

8

Account Statement/Savings for the last 3 months/other Financial Data (photocopy)

X

X

X

E = Employee; B = Businessman; P = Professional


Applicable insurance

This vehicle financing includes protection insurance for your motor vehicle which includes compensation for total damage/loss and repairs to loss/partial damage to the vehicle and comes complete with extended insurance protection including:
TSFHL (Typhoon, Storm, Flood, Hail & Landslide), Protection of vehicles due to typhoons, storms, floods, hail and landslides
EQVET (Earthquake, Tsunami & Volcano Eruption), Protection of vehicles due to earthquakes, tsunamis and volcanic eruptions
SRCC (Strike, Riot & Civil Commotion), Protection of vehicles due to riots and noise TPL (Third Party Liability) of IDR 25 Million, Protection of third parties of IDR 25 million/year
Prima KPM comes complete with Life Insurance that provides insurance protection for debtors if they die due to illness or natural causes with the following conditions:
21-60 years old
Insurance benefit is which value is smaller between the remainder of loan principal with Adira Finance (without installments and penalties) or based on the table of a decrease in the sum insured at a maximum loan interest rate of 17% effective rate. When the debtor dies. The sum insured is the remainder of outstanding loan or the table of a decrease in the sum insured based on the loan interest rate of 17% effective rate at the time before the Insured dies (take the larger)
Prima KPM also comes complete with 24-hour personal accident insurance (Personal Accident) that provides insurance protection if the debtor dies or a total permanent disability caused by any accident whether driving or not.

For credit simulation and submission form click here

The FAQ about this program can be clicked here

For further information about this promo, please contact Hello Danamon di 1-500-900