Awarded by the OJK as a top-tier consumer lender in Southeast Asia
What you need to know about this loan:
- Loan Amounts Offered: Up to Rp1.5 billion
- Loan Terms (monthly): Up to 180 months
- Payment methods: Mandiri account auto-debit
- Interest rate: Starting at 9.25% annually
Pros
- Flexible usage: Funds can be used for any personal need.
- Promotional rates and low admin fees: Starting from Rp100,000.
- Broad professional eligibility: Even private sector workers with Mandiri payroll are accepted.
- Easy top-up option: Reborrow with simplified processing.
- Fast disbursement: Funds are released directly to your Mandiri account.
Cons
- Mandiri payroll required: May exclude some customers.
- Mandiri channel/app usage required: Not ideal for fully offline users.
Why Choose Mandiri for Your Loan?
Mandiri’s loan solution outperforms offers from banks like Bank Mega, Permata Bank, BNI, BRI, and HSBC.
- While Mandiri allows loans up to Rp1.5 billion, Bank Mega caps theirs at Rp500 million.
- Mandiri’s effective interest rate of 9.25% is more competitive than Permata Bank’s average of 10.5%.
- Unlike HSBC, which sets high minimum income requirements, Mandiri is more inclusive for public and private sector employees.
- BRI uses a more rigid credit score evaluation, while Mandiri offers more flexibility for its payroll clients.
- And while BNI still requires in-person submission, Mandiri supports a fully digital journey via app.
How to Apply for Your Mandiri Multipurpose Loan
Click below to apply in just a few minutes using the official app or visit a nearby branch.