Danamon Optimal Edu Saving Program

The program runs from 1 August to 31 October 2026 (“Program Period”).

This program is open to customers who meet the following criteria (“Customers”):

Customers from the Danamon Education Ecosystem, namely customers who have been referred by or are affiliated with an educational institution that has a partnership with Bank Danamon, namely:

1. New individual customers (New to Bank); or
2. Individual customers who already hold a Bank Danamon account (Existing to Bank).

1. Any Customer wishing to participate in this Program must first register by completing and signing the Form.
2. Customers must read and understand the General Terms and Conditions of this Program.
3. Bank Danamon reserves the right at any time to refuse or cancel a Customer’s participation in this Programme should the Customer fail to comply with the General Terms and Conditions of this Program.
4. The customer is responsible for any risks of loss, claims, lawsuits and/or demands arising from their participation in and/or cancellation of their participation in this Program.
5. Customers are only permitted to participate in 1 (one) Edu Saving Program scheme and may not combine this with the ‘New to Optimal’ or ‘New to Privilege’ schemes or any other schemes.
6. The Customer must immediately deposit funds in IDR (Rupiah) in accordance with the selected Program scheme as set out in the Form and the General Terms and Conditions of this Program.
7. The Customer may only participate in one scheme offering a single type of reward. The following are the fund placement schemes available for the Customer to choose from:
   
   1. Edu Saving Plus Program Scheme

      Amount of Held Savings Fund	Total Cashback
      	12 Months Tenor	24 Months Tenor	36 Months Tenor
      IDR 50,000,000	IDR 1,750,000	IDR 3,100,000	IDR 4,600,000
      IDR 100,000,000	IDR 3,200,000	IDR 5,800,000	IDR 8,800,000
      IDR 225,000,000	IDR 6,750,000	IDR 13,000,000	IDR 20,700,000

   2. Edu Saving Plan Program Scheme

      Initial Deposit	Monthly Deposit	Total Cashback
      		12 Months Tenor	24 Months Tenor	36 Months Tenor
      IDR 5,000,000	IDR 1,000,000			IDR 2,200,000
      IDR 15,000,000	IDR 3,000,000		IDR 3,200,000	IDR 6,000,000
      IDR 25,000,000	IDR 5,000,000	IDR 2,000,000	IDR 5,300,000	IDR 10,700,000

8. To participate in the Edu Saving Plus scheme, funds are deposited into a savings product in a single instalment in accordance with the deposit tiering structure, with hold periods of 12, 24 and 36 months.
9. To participate in the Edu Saving Plan Program, funds are deposited in 2 (two) installments in accordance with the following provisions:
   • Initial deposit: A deposit made at the time of opening a “Tabungan Cita2Ku” or “Tabungan Rencana Haji” account, whereby funds are blocked in accordance with the chosen savings term of 12, 24 or 36 months
   • Monthly deposits: Regular monthly deposits made on the same date each month, in the same amount as the initial deposit, for the selected term, whereby funds will be blocked in accordance with the chosen savings term of 12, 24 or 36 months.
10. For customers who opt for the Edu Saving Plan Program, this is implemented by the customer opening a “Tabungan Cita2Ku” or “Tabungan Rencana Haji” savings account, with a designated account from which funds are debited automatically (auto-debit), with the following savings product options:
    • Danamon Lebih PRO (383)
    • Danamon Lebih PRO iB (343)
    • Danamon Lebih (422)
    • Danamon Lebih iB (397)
    • Danamon Save (455)
    • Danamon Save iB (394)
    • Danamon Save iB Wadiah (392)
    • Tabungan Syariah iB Wadiah (633)

    Subject to the proviso that the types of savings products that may be used as a source of funds may change from time to time, as determined by Bank Danamon from time to time.

11. The Customer understands that, for certain changes in accordance with the provisions of applicable laws and regulations, the notice period for such changes may be waived.
12. Customers in the NTB (new to bank) category are required to deposit and block funds no later than 30 Calendar Days after the account is opened.
13. Customers in the existing to bank category are required to fulfil the requirements, deposit, and hold funds in the same month as the Program participation date, namely the date on which the fully completed Form is received by the Bank. Specifically for customers already registered with Bank Danamon (existing to bank), the funds included in the program must be fresh funds. Funds deposited are considered fresh funds if they represent an increase on the baseline. Fresh funds must be equal to or greater than the amount deposited into the account for participation in this Program. The calculation of fresh funds is as follows:
    
    

    Current Month Balance	: Savings + Current Accounts + Fixed-Term Deposit Balance
    Baseline	: Average balance of Savings + Current Accounts + Fixed-Term Deposit from the end of the month to before participating in the program.

14. Should the Customer wish to unfreeze their account and withdraw from the Program, they shall be subject to the following conditions:
    1. The Customer must visit the Bank Danamon branch where they originally registered for the Programand sign the Program Withdrawal Form.
    2. Upon cancellation of the Program the Customer will be charged a penalty fee of 25 per cent (twenty-five per cent) of the amount of the held savings funds;
    3. In the case of cancellation of the Program by a Customer participating in the Program under the Sharia scheme, the Customer will be required to reimburse the value of the reward received plus a 20 per cent (twenty per cent) reward tax;
    4. The penalty fee/compensation (reimbursement of rewards) as referred to in clauses III.15.a and III.15.b of the General Terms and Conditions of this Program shall be paid by the Customer in a single installment by means of Bank Danamon debiting the account held in the Customer’s name used to participate in the Program at Bank Danamon. The Customer agrees and authorises Bank Danamon to debit the penalty/compensation (reimbursement of rewards).
15. Exclusively for customers aged between 21 and 65 who meet the criteria for applying for a credit card (except for customers participating in the Sharia-compliant program) and who do not yet hold a Bank Danamon credit card, it is mandatory to submit an application for a Bank Danamon credit card, subject to the terms and conditions of the credit card product.

1. Bank Danamon applies the applicable tax regulations to this Program. Any tax liabilities arising from the Program (if any) are the responsibility of Bank Danamon and the Customer respectively towards the tax authorities.
2. Cashback from this Program is credited to the Customer’s active account with Bank Danamon. If the Customer holds more than one account with Bank Danamon, the cashback will be credited to the account with the highest accumulated transaction value.
3. Rewards are not cumulative.
4. Cashback will be credited within the following timeframe:
   • The Edu Saving Plus Program scheme will be granted within a maximum of 45 working days after all the program’s terms and conditions have been met.
   • The Edu Saving Plan Program scheme will be granted within a maximum of 90 working days after all the program’s terms and conditions have been met.
5. Customers are required to provide the Bank with their NPWP and/or NIK in a 16-digit format.
6. Customers agree that funds deposited in savings accounts offering a return in excess of the maximum guaranteed interest rate set by the Indonesia Deposit Insurance Corporation are not guaranteed by the Indonesia Deposit Insurance Corporation. Any rewards received by customers are also taken into account when calculating the maximum guaranteed interest rate. Customers may enquire about changes to the maximum guaranteed interest rate at any Bank Danamon branch, via Hello Danamon (1 500 900) or by email at hellodanamon@danamon.co.id.

1. The Customer hereby authorises Bank Danamon to: (i) freeze and unfreeze funds in accordance with the Form and the General Terms and Conditions of this Program; and/or (ii) debit the Customer’s account with Bank Danamon to pay any penalties or reimbursement of rewards should the Customer cancel the Program in accordance with the Form and the General Terms and Conditions of this Program.
2. The authority granted by the Customer in the General Terms and Conditions of this Program is granted to the Bank with the right of substitution and, so long as the Customer’s obligations to the Bank have not been fully discharged, such authority may not be revoked nor shall it terminate for any reason whatsoever, including but not limited to the grounds set out in Article 1813 (termination of a power of attorney: upon revocation by the principal; upon notification of termination by the attorney-in-fact; upon the death, incapacity or bankruptcy of the principal or the attorney-in-fact), 1814 (the principal may revoke the power of attorney whenever they so wish, and, if there are grounds for doing so, may compel the agent to return the authority held by him) and 1816 (the appointment of a new agent to conduct the same matter results in the revocation of the first power of attorney, with effect from the date on which the latter is notified of such appointment) The Civil Code and these powers of attorney form an integral part of the General Terms and Conditions of this Program.

1. Customers may submit complaints regarding banking products or services either verbally or in writing via their nearest Bank Danamon branch, Hello Danamon (1-500-090) or by email at hellodanamon@danamon.co.id.
2. The procedures relating to the Customer Complaints service can be accessed via the website https://www.danamon.co.id/id/Personal/Lainnya/Proses-Penanganan-Keluhan-Nasabah .

1. The General Terms and Conditions of this Program form an integral and inseparable part of the “General Terms and Conditions for Accounts and Banking Services”, the “General Terms and Conditions for Sharia Accounts and Banking Services of PT Bank Danamon Indonesia Tbk”, and the “General Terms and Conditions for D-Bank PRO”. In the event of any discrepancy or conflict between those provisions and the General Terms and Conditions of this Program, the General Terms and Conditions of this Program shall prevail.
2. The Customer hereby agrees and acknowledges that Bank Danamon is entitled to amend, modify or supplement the General Terms and Conditions of this Program from time to time. Any amendments, additions or updates to the General Terms and Conditions of this Program will be notified via the communication channels available at Bank Danamon. In the event of any changes to the benefits, risks, fees, terms and conditions under the General Terms and Conditions of this Program, the Customer is entitled to submit a written objection to Bank Danamon within 30 (thirty) working days from the date on which Bank Danamon notifies such changes via its communication channels. The Customer agrees that they shall be deemed to have accepted such changes should they fail to raise an objection within the aforementioned period. Should the Customer not agree to such changes, they shall be entitled to cancel their participation in the Program, provided they have first settled all outstanding obligations to Bank Danamon (if any).
3. The Customer understands that, for certain changes in accordance with the provisions of applicable laws and regulations, the notice period for such changes may be waived.
4. The process of verifying and approving the opening of banking products and/or services is entirely at the discretion of Bank Danamon.
5. The Customer declares that there are no, and will be no, transactions indicating money laundering offences and/or other transactions prohibited under the applicable laws and regulations in Indonesia.
6. Should there be any indication of fraud, deception, irregular transactions, unusual transactions, money laundering and/or actions that contravene applicable laws and regulations, Bank Danamon reserves the right to cancel the transaction, terminate the customer’s participation in the Program, or withhold the Program benefits from the customer concerned. The Customer remains obliged to settle all outstanding obligations to Bank Danamon (if any).
7. Should any irregularities relating to this Program be discovered, or should fraud be suspected, Program Participants are advised to report this immediately via Hello Danamon.
8. The headings and terms used in the General Terms and Conditions of this Program are intended solely to facilitate understanding of the content of these General Terms and Conditions.
9. Should any provision of the General Terms and Conditions of this Program be prohibited, unenforceable, invalid or declared null and void by a Government regulation or court ruling, this shall not affect the validity of the other provisions of the General Terms and Conditions of this Program, and such other provisions shall remain in full force and effect and shall be enforceable as set out in the General Terms and Conditions of this Program.
10. The General Terms and Conditions of this Program have been aligned with the provisions of applicable laws and regulations, including the regulations of the Financial Services Authority.
11. Bank Danamon is licensed and supervised by the Financial Services Authority and Bank Indonesia, and is a participant in the Indonesia Deposit Insurance Corporation.

Customers are advised to be wary of fraud perpetrated by individuals acting on behalf of Bank Danamon who promise prizes of any kind. Any fraud or other criminal acts committed by other parties or third parties in connection with, or on behalf of, the Program are beyond the control of Bank Danamon.