BSM Edukasi Financing
BSM Edukasi is ashort and medium term financing by the Ijarah agreement for school/higher education/other education institutions admission fee or education fee to be paid for new semester or education term registration.
- Education fund payment for higher education institutions in cooperation with BSM
- The financing limit ranges from Rp5 million to Rp250 million, with the maximum payment of 80% of the education benefit procurement price
- Installment term ranges from 1 year to 3 years
- Amount of installment does not exceed 40% of customer’s net monthly income.
- Customer is father/mother/guardian of the student
- School/university-level student and has own income
- Customer minimum age 21 years and maximum age 55 years upon maturity date or before retirement, particularly for entrepreneurs and professionals, the maximum age is 60 years upon maturity date
- Employee with minimum employment of 2 years
- Professional/entrepreneur with minimum business experience of 2 years.
- Sharia compliance
- Low-cost and flat installments
- Efficient and simple process
- Low-cost administration
- No collateral up to financing worth Rp250 million for employees with specific conditions.