Home Ownership Credit, or KPR, is a type of bank financing for those who want to buy a property but don't have enough money and prefer to pay in installments over a set length of time. You can have your ideal home with a mortgage without hurting your cash flow.

Before applying for a mortgage, you must prepare the following requirements and supporting documents:

Mortgage application requirements:

1. You must be an Indonesian national.
2. At the time of credit maturity, the applicant must be at least 21 years old and no more than 55 years old (for employees) or 65 years old (for entrepreneurs/professionals).
3. Have a steady source of income
4. Minimum working term of two years, or a minimum of three years in business

As a mortgage requirement, the following documents must be provided:

For employees:

1. Fill in the mortgage application form
2. Copy of ID card
3. Copy of family card
4. Copy of marriage certificate / divorce certificate / death certificate / Prenuptial Agreement
5. Copy of NPWP
6. Certificate of Employment
7. Payslip
8. Copy of bank statement for the last 3 months
9. House order paper (for new house) or certificate, IMB, building plan, AJB and PBB (for second house)

For entrepreneurs / professionals:

1. Fill in the mortgage application form
2. Copy of ID card
3. Copy of family card
4. Copy of marriage certificate / divorce certificate / death certificate / Prenuptial Agreement
5. Copy of NPWP
6. Photocopy of business legality documents (Deed of Establishment of the Company and its Amendments, SIUP, TDP, company NPWP) or Practice Permit (for professionals)
7. Payslip
8. Copy of bank statement for the last 3 months
9. House order paper (for new house) or certificate, IMB, building plan, AJB and PBB (for second house)

Aside from the house mortgage criteria, you should be aware of the mortgage interest rate offered by the bank you choose. Maybank Indonesia offers a range of interest rates beginning at 3.63 percent and valid through February 28, 2022 for Maybank KPR and iB Property Financing products.

Maybank KPR gives you many options based on the term and type of residence you want to buy. Primary KPR is financing for the purchase of new homes from Maybank partner developers, Secondary KPR is financing for the purchase of second homes from individuals or real estate agencies, and Take Over is a mortgage transfer service from other banks to Maybank.

Here are the Maybank KPR mortgage solutions and their benefits to make your decision easier:

1. Maybank KPR Bebas Bunga

With Maybank KPR Bebas Bunga, Get interest rate up to 0% by connecting maximal 7 saving accounts  of yourself and your family. 75% of saving account balance will be calculated  to reduce mortgage interest installments to make them interest-free, as well as to shorten the credit duration, allowing mortgages to be paid off faster. In addition, you have a maximum tenure up to 20 years.

2. Maybank KPR Take Over

If you use the Maybank KPR Take Over, you will be provided a selection of appealing interest possibilities. In addition, you can benefit from reduced mortgage fees and a maximum loan duration of 20 years.

3. Maybank KPR Plus

Maybank KPR Plus offers lower monthly installments, as well as flexibility in withdrawing funds and making repayments. That way, you can still fulfill your necessities without being burdened by large mortgage payments.

4. Maybank KPR Fix & Fix

Maybank KPR Fix & Fix offers fixed interest rates, allowing you to lock in a lower interest rate for a longer period of time.

Get your dream home with Maybank Indonesia. Further information