Dreaming of a trip, home renovation or need to invest in education? Mandiri KSM can be your quick and easy way to make it happen.
What you need to know about this loan:
- Interest rate from 9.25% per year, with special conditions for new applications.
- Maximum loan amount up to IDR 1.5 billion, depending on applicant profile.
- Repayment term up to 15 years, making for smaller monthly installments.
- Available for public and private sector employees paid via Bank Mandiri.
Pros
- No collateral required: You don’t need to present any assets like property or vehicles.
- Fast and simple process: Quick application via Livin’ by Mandiri app or local branches.
- Reduced fees available: Promotional offers lower administrative and provision costs.
- Flexible usage: Can be used for healthcare, education, travel, or small business.
- Competitive interest rate: Attractive effective rate compared to traditional market.
Cons
- Limited eligibility: Only available to those receiving salary through Bank Mandiri.
- Document requirements may vary: Depending on the employer, required documents may differ.
Why Choose Bank Mandiri for your loan?
Compared to BCA, Mandiri KSM offers higher limits and longer terms, helping reduce the monthly payment burden.
Unlike BRI, which often requires guarantees, Mandiri KSM operates fully unsecured.
While BTN focuses on housing finance, Mandiri KSM is more versatile, including healthcare and education.
Compared to BNI, which uses a more traditional application method, Mandiri KSM offers convenience via app.
CIMB Niaga may have lower starting rates, but doesn’t offer the same maximum limit as Mandiri KSM.
Mandiri KSM: let’s get to know it a little better
How to apply for your Mandiri KSM
Want to turn your plans into reality? Click below to discover all the details and find out if Mandiri KSM is the right choice for you.