BRI offers unsecured loans for new school-year costs
The product targets payroll BRI employees, with terms up to 15 years and a claimed 1-business-day disbursement.
BRI is offering the BRI Multiguna financing facility to help parents cover new school-year needs, from registration and uniforms to books and learning supplies. The product is aimed at fixed-income employees who receive their salaries through payroll BRI. According to promotional material carried by Republika and ANTARA, the loan can be applied for without collateral, carries a tenor of up to 15 years, and is claimed to be disbursed within 1 business day after all documents are complete. Basic requirements include Indonesian citizens aged at least 21, active employees, and the preparation of a KTP, NPWP, and a decree appointing the applicant as a permanent employee or equivalent documents. Applications can be submitted through BRImo, the Qita app, the website app.briguna.bri.co.id, BRI branch offices, or official telemarketing offers.