11 money loans that can be repaid in monthly installments. Online loans (pinjol) are also an option when there is an urgent need in the midst of a pandemic.
Now, a number of banks and other financial institutions also offer money loans that can be paid in monthly installments. Even so, not all loans provide money that can be paid in monthly installments.
The following are money loans that can be repaid in monthly installments starting from the tenor to the loan terms, quoted from various sources
1. My Cash Amar Bank
Tenor: 6, 12, up to 20 months.
Loan: IDR 2 million – IDR 20 million (disbursed within 24 hours).
Requirements: Indonesian citizen (WNI), aged 21-55 years, have a job and a steady income, Identity Card (KTP) and an account in a personal name.
2. Flexi Cash Jenius
Loans: IDR 5 million-IDR 50 million.
Requirements: registered as a Jenius customer.
3. Digibank KTA Instant
Tenor: maximum 36 months.
Loan: limit of IDR 10 million.
Indonesian citizen, 21-60 years old, status as employee, entrepreneur, or professional, minimum income of IDR 3 million per month, minimum 1 year of employee tenure, for entrepreneur and professional 2 years, domiciled in the working area of DBS bank, namely Jabodetabek, Bandung , and Surabaya.
4. BRI Agro Serene Loans
Tenor: 1-12 months.
Loans: IDR 500 thousand-IDR 20 million.
Indonesian citizen, aged 21-56 years, have income, permanent employees, payroll through Bank BRI or BRI Agro.
Tenor: 3-6 months.
Loan: limit of IDR 20 million.
Indonesian citizen, aged 21-65 years, have an ID card, and have employee status.
6. Julo Cicil
Tenor: 3-6 months.
Loans: Rp2 million-Rp8 million.
Requirements: ID card, salary slip, and selfie photo.
7. Want Cash
Tenor: 3-4 months.
Loans: Rp 1.5 million-Rp 5 million.
Loans: a 3-month loan limit of IDR400 thousand-Rp4 million and a 4-month limit of IDR400 thousand-Rp3.4 million (the fastest submission process is 24 hours/1 day).
Interest: 3-month loan per day 0.25%-0.32%, 4-month loan per day 0.25%-0.23%.
Indonesian citizen, at least 21 years old, employee, has an ID card, has a local account in his personal name and business documents (if self-employed).
9. Click ACC
Tenors: 3, 6, and 12 months.
Loans: Rp4 million-Rp4 billion.
Indonesian citizen, aged 21-65 years, has a savings account in his own name, an active cellphone number and email address and completes documents such as ID cards, salary slips, and photos.
10. Smart Credit
Tenor: 2-3 months.
Loans: Rp600 thousand-Rp2.3 million (disbursed for 24 hours).
Interest: IDR 600 thousand loan with 0.65% interest and IDR 2.3 million loan with 0.56% interest.
Tenor: maximum 6 months.
Loans: IDR 500 thousand-IDR 8 million.