This general Terms and Conditions of MF Online Starter Program(“Program Terms and Conditions”) are the terms and conditions that apply to Customers who meet the criteria to participate in the MF Online Starter Program (“Program”) organized by PT Bank Danamon Indonesia Tbk (“Bank Danamon”).
Customers hereby agree and are bound by all provisions in the Program Terms and Conditions as follows:
The Program Period starts from 16 July to 16 August 2025 (“Program Period”).
Customers who are eligible to participate in this Program are as follows:
Individual customers who have registered with Bank Danamon (existing to bank) or who will be registered with Bank Danamon (new to bank).
Hereinafter referred to as the “Customer”.
a. Make a mutual fund purchase transaction through the D-Bank PRO by Danamon application with a minimum amount of IDR 1,000,000.00 (one million rupiah) or USD 100 (one hundred US dollars).
b. Customers who have purchased mutual funds during the Program Period with the amount as stated above (including Bank Danamon employees) are entitled to receive cashback as regulated as follows:
*ETP is a customer who already has a SID and makes their first mutual fund transaction through D-Bank PRO by Danamon.
**NTP is a customer who does not have a SID before this program period, then registers for a SID at a branch, and makes their first mutual fund transaction through D-Bank PRO by Danamon.
***Cashback is given to the Customer who makes the fastest mutual fund transaction during the Program Period.
c. The program does not apply to multiples and customers are only entitled to receive 1 cashback during the program period.
d. To be eligible as NTP, SID creation must be done in the same month as the purchase transaction (subscription).
a. Does not apply to money market funds.
b. Specifically for equity funds, minimum subscription fee of 0.75%.
c. Specifically for balanced and fixed income funds, minimum subscription fee of 0.5%.
d. Specifically for mutual fund products from Manulife Asset Management Indonesia, the minimum fee provisions in points b and c do not apply.
e. Including any additional mutual fund products distributed by Bank Danamon in the future that meet the criteria in points a, b, and c above.
MF Online Starter Program Simulation as follows:
1. Illustration 1 - Customer A (Eligible for ETP)
Customer A is a customer who already has a SID and has transacted mutual funds through a branch. However, the customer made his first mutual fund transaction through D-Bank PRO by Danamon, namely purchasing Schroder Dana Prestasi Plus of IDR 2,000,000 on July 20, 2025. In this illustration, Customer A is eligible to receive a prize as an ETP (existing to product), so the prize of IDR 169,000 will be credited to the customer's account no later than 45 working days after the current month (July) ends.
2. Illustration 2 - Customer B (Eligible for NTP)
Customer B is a customer who does not yet have a SID. The customer then registers for a SID at a branch on July 18, 2025 and makes the first mutual fund transaction through D-Bank PRO by Danamon, namely buying Schroder Dana Prestasi Plus for IDR 2,000,000 on July 20, 2025. In this illustration, Customer A is eligible to receive a prize as an NTP (new to product), because he just registered for a SID after the program period started and made a transaction with an eligible amount and product. So the prize of IDR 269,000 will be credited to the customer's account no later than 45 working days after the current month (July) ends.
3. Illustration 3 - Customer C (Product does not meet requirements)
Customer C is a customer who does not yet have a SID. The customer then registers for a SID at a branch on July 18, 2025 and makes his first mutual fund transaction through D-Bank PRO by Danamon, namely buying Schroder Dana Likuid of IDR 5,000,000 on July 20, 2025. In this illustration, Customer C is not eligible to receive a prize as an NTP (new to product), because even though he has registered for a SID after the program period started and made a transaction in the same month, the product he subscribed to is not eligible because it is a money market product.
4. Illustration 4 - Customer D (Making transactions in a different month than the month in which the SID was created)
Customer D is a customer who does not yet have a SID. The customer then registers for a SID at a branch on July 18, 2025 and makes his first mutual fund transaction through D-Bank PRO by Danamon, namely buying Schroder Dana Prestasi of IDR 5,000,000 on August 10, 2025.
In this illustration, Customer D is not eligible to receive a prize as an NTP (new to product), because even though he has registered for a SID and made a transaction with an eligible amount and product, the transaction was made in a different month from the creation of the SID. But customers will remain eligible as ETP (Existing to Product).
WARNING
Beware of fraud. Make sure you are careful and not fooled by individuals who claim to be from Bank Danamon. Any form of fraud or other acts committed by other/third parties associated with this Program are beyond the authority of Bank Danamon.