Tabungan Danamon LEBIH iB

Danamon Lebih iB is a saving account based on sharia principles for individual customer, with free transaction fee by PT Bank Danamon Indonesia Tbk. (”Bank Danamon”).

Contract

Mudharabah (Profit Sharing)

Benefits

Free Administration Fee

1. No monthly admin fee.
   No monthly admin fee.
   
2. Free Transaction Fee
   Free withdrawal fee upto 99 x via ATM Bersama, ALTO, Prima  sebanyak 99 per month, free transfer fee via BI Fast upto 99 x per month by keeping balance before transaction larger than  Rp5,000,000. 
3. Latest Updates Transaction Features 
   Enjoy the simplicity of transaction wherever and whenever via D-Bank PRO, Danamon SMS, ATM and Hello Danamon,.

Features

Danamon LEBIH iB Account Features

Bank Danamon Debit/ATM Card Facilities

Bank Danamon Debit/ATM Card can only be given to individual customer.

Bank Danamon Debit/ATM Card can be used for transactions at:

1. Automatic Teller Machines (ATM) of Bank Danamon, ATM Bersama, ALTO, Prima, and any other ATMs bearing the Maestro or Cirrus.
2. Bank Danamon Cash Deposit Machine (CDM).
3. Merchants that utilize Electronic Data Capture (EDC) machines bearing the Maestro, Mastercard and Mastercard Electronic logo.
4. Call center Hello Danamon 1-500-090

Danamon Debit/ATM Card Transaction Guidelines:

1. Customers must change the PIN given by Bank Danamon before using the card for its first transaction.
2. The Debit/ATM Card and PIN can only be used by the customer alone and cannot be borrowed to anybody else.
3. Change your PIN periodically, avoid PIN codes that are easy to guess like birth and wedding dates
4. Make sure that your Debit/ATM Card has been signed on the back side of the card.
5. Make sure that your balance is enough to perform transactions such as cash withdrawal, posting, transfer, bill payment etc.
6. Entering the wrong PIN for 3 times in a row in the same day will cause the card to be blocked
7. Your PIN is private and confidential, not to be shared with/informed to anyone.
8. Do not write your PIN on the Debit/ATM Card.
9. Before any debit transaction at a merchant, ask beforehand if the mechant is charging any additional fees.
10. Ensure that no one sees your PIN when using the Debit/ATM Card at a merchant.
11. On a transaction, your Debit/ATM Card should only swiped once at merchant’s EDC. Please check the nominal stated upon your confirmation.
12. Keep your transaction slip from any merchant until the transaction is guaranteed from any issue.
13. If the Debit/ATM Card is lost/stuck, immediately contact Hello Danamon 1-500-090 to block your card.

Risk

Risk of profit sharing.

Cost

Simulation

1. Calculation of Profit Sharing

   Profit Sharing Calculation

   Formula for calculating profit sharing based on average balance on 1 (one) current month is:   Profit Sharing = Average Balance x Income Allocation x Profit Sharing Ratio Product Average Balance   Then, the elaboration of profit sharing calculation is as follows:   Average Balance Danamon Save iB : 1,000,000,000 Product Average Balance Danamon Save iB : 10,000,000,000 Income Allocation : 1,000,000,000 Profit Sharing Ratio : 2.5%   Profit Sharing (Gross) : 10,000,000,000 x 6,000,000,000 x 2.5% = 2,142,857 / month 700,000,000,000

   Average Balance Calculation

   Average Balance Calculation	Amount	Notes
   Customer’s fund Acount Balance : - Date21 = Rp22,000,000 - Date 22-30 = Rp 22,004,821   Average Balance : (1 x Rp22,000,000)+(9 x Rp 22,004,821) 10	Rp 22,004,339	( ≥ Rp 5,000,000 : tidak kena administrasi)
   Customer’s fund below minimum Account Balance : - Date1-4 = Rp250,000 - Date 5-10 = Rp 100,000 - Date 11 = Rp 1,000,000 - Date 12-19 = Rp 200,000 - Date 20-23 = Rp 150,000 - Date 24-31 = Rp 50,000   Average Balance : (4 x Rp 250,000) + (6 x Rp 100,000) + (1 x Rp 1,000,000) + (8 x Rp 200,000) + (4 x Rp 150,000) + (8 x Rp 50,000) 31   Administration fee for account below minimum balance of < Rp 1,000,000	Rp 167,742       Rp 15,000	( < Rp5,000,000 : akan kena administrasi)

Terms and Procedures

Danamon LEBIH iB account opening request can be done by customers at Bank Danamon branch offices by fulfilling terms / conditions set by Bank Danamon as follow:

• The customer fills in and signs the Customer Data and Account Registration Form.
• Customers submit the required documents:
  1. Valid ID (KTP/ Driving License/ Passport) copy
  2. NPWP copy
  3. Other documents that required by Bank Danamon.

Important Notes:

1. Bank has the right to reject application of product or servicesfrom customer if they do not meet applicable requirement and  regulations
2. Client need to read accordingly this Product Information Summary and has the right to ask to Bank Staff any information related to this Product Information Summary document

Additional Information :

Other information regarding cost, benefit and risks can be accessed through the Bank’s official website at https://www.danamon.co.id/id