List of long-term low interest loans

List of long-term low interest loans
List of long-term low interest loans

Do you need financial assistance and are you looking for a list of online loans or long-term loans with low interest? Don’t make the wrong choice.

Long-term, low-interest loans are, in fact, the goal of some people who need funds quickly, but can’t afford high interest rates.

Quoting OJK website, Fintech Lending/Peer-to-Peer Lending/Online Loans is the provision of financial services to bring together lenders/lenders with beneficiaries/borrowers to enter into loan and loan agreements in rupee currency directly through of a system.

low interest rate

The government and the Financial Services Authority (FSO) issued an official statement to stop illegal lending activities. However, the OJK uses legal or officially licensed loans in order to reduce the interest rates of the loans.
“We have reviewed and agreed to lower the upper limit on interest-bearing loans to about 50 percent, of course, in an effort to make these fintech loans more affordable with cheaper economies of scale. So people can distinguish between illegal and official, especially since the price is very competitive”.

AFPI General Secretary Sunu Widyatmoko explained that with the cap provisions, the legal interest limit on loans was changed from 0.8 percent per day to 0.4 percent per day.
“So, according to the code of ethics, we limit the daily loan to no more than 0.8 percent. Mr. Ketum previously said that it will be reduced by 50 percent, to 0.4 percent,” Sunu was quoted as saying on the coilBISNIS page.

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List of Long-Term and Low-Interest Loans

Do not be tempted by illegal loans that offer low interest, but the end is false! As for some online loan applications registered with the OJK with low interest and long terms that you can use to apply for a loan, they are as follows.

1. Akulaku

Loan limit up to IDR 15 million.
Term loan up to 15 months.
Loan disbursement in minutes.
The lowest interest rate is 0.07% per day.
There are no requirements for the Akulaku application, there are no requirements for any of the requirements. If you already have an account and have made purchases or cash loans at KTA Asetku Akulaku, the Installment Fund feature will automatically open immediately. However, if you want to request a loan with a maximum limit of up to 15 million, you must attach BPJSTKU.

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2. Smart credit

Loan limit up to IDR 20 million Loan term from 91 to 360 days.
Loan disbursement in minutes
Interest from 0.8% and maximum annual interest rate of 11%
The advantage of the smart credit application is that it provides direct liquid loans without BI verification and without any collateral, even without a credit card.

3. Quick Rupee

Loan ceilings range from Rs 600 thousand to Rs 5 million.
Loan term from 3 to 12 months.
Low interest rates from 0.39% to 0.54%.
Loan disbursement in 15 minutes.
The necessary requirements are Indonesian citizens e-KTP and attach an account book of the last 3 months.

4. July

Loan ceilings range from 1 million to 8 million.
Loan term from 3 to 6 months.
Interest from 1.5% to 4% monthly or 0.53 per day.
Loan products using BPKB guarantees or other securities.


Credit limits range from IDR 500 thousand to IDR 8 million.
Tenor of long installments of up to 6 months.
Interest 0.53% – 0.75% per day according to the term chosen by the debtor.
The main requirement for a loan is an e-KTP, but if the loan process wants to be fast in ACC, please attach a proof of salary, a photo of the last 3 months of the savings account, business NPWP, SIUP, SKU and account statement of the last 3 months bank statement.

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6. Optimal

The loan ceiling is from IDR 300,000 to IDR 5,000,000.
Loan term term of 2 months and 3 months.
You only need an identification card as a condition to apply for a loan.
The verification process is fast and the funds are disbursed immediately within 24 hours.
Interest starting at 0.6% per day is still within reasonable limits according to the advice of the Indonesian Fintech Finance Association (AFPI).
That was the recommendation for a loan with a low interest rate and a long term. If you find or receive a suspicious investment offer, you can report it to OJK Consumer Service 157 or WA number 081157157157, email [email protected] or [email protected]