Eligibility Requirements:
- Age: Minimum 21 years; maximum 55 years at loan maturity.
- Employees: Must be a permanent employee with at least 1 year of service. Self-Employed/Professionals: Must have at least 2 years in the current business or profession.
- Income Requirement: Minimum monthly income of Rp2,500,000 in major cities and Rp2,000,000 in other areas.
BCA Personal Loan application steps:
- Step 1: Ensure you meet the age, employment, and income requirements.
- Step 2: Gather required documents, including ID, income statement, and any necessary business permits (for self-employed and professionals).
- Step 3: Submit your application through a BCA branch or online.
- Step 4: Await approval and receive your funds directly into your BCA account.
- Step 5: Start repaying your loan with light monthly installments via auto-debit.
Frequently Asked Questions:
How long does it take to get approved for a BCA Personal Loan?
Approval is typically fast, with funds disbursed to your account shortly after all documents are submitted.
Is it required to explain why credit is being used?
Yes, providing details on your intended use of the loan helps streamline the approval process.
Do I need to have a good credit score to be approved for BCA Personal Loan?
While a good credit score is beneficial, BCA also considers other factors like income stability and employment history.
Can I apply for a loan if I am self-employed?
Yes, BCA Personal Loan is available for self-employed individuals, provided they meet the income and business experience requirements.