Product and Service Information Summary (RIPLAY)

The Product and/or Service Information Summary (RIPLAY) is a document or other medium that outlines the key features and important information regarding a financial product and/or service.

RIPLAY is intended to improve the effectiveness of transparency and the disclosure of information to Consumers.

PT Kredit Utama Fintech Indonesia

PT Kredit Utama Fintech Indonesia is a company engaged in Information Technology-Based Joint Funding Services (LPBBTI), licensed and supervised by the Financial Services Authority (Otoritas Jasa Keuangan/OJK) of Indonesia. PT Kredit Utama Fintech Indonesia envisions becoming the leading LPBBTI provider in Indonesia by serving the largest number of users—particularly the underserved and unbanked segments of the population. Through cutting-edge technology, PT Kredit Utama Fintech Indonesia aims to deliver convenient, secure, and sustainable products and services, effectively meeting the needs of its users while promoting financial inclusion across the country.

Product and Key Features

• Product Name: Rupiah Cepat
• Product Type: Multipurpose Loan
• Currency: Indonesian Rupiah (IDR)
• Product Description:Rupiah Cepat is a mobile-based unsecured loan application that provides a convenient, secure, and fast solution for meeting your cash needs.

Loan Limit

Available loan amounts range from IDR 200,000 to IDR 200,000,000.

Loan Tenure

1, 3, 6, 9, 12 and 17 months.

Economic Benefits

Maximum of 0.2% per day for loans with a term of more than 180 days.
0.3% flat per day, which includes interest and other fees, for loans with a term of 180 days or less. And other fees.

Collateral

No collateral required.

Benefits

Rupiah Cepat can be used by users to meet various needs through a fast and easy application process.

Risks

Borrowers who fail to fulfill their obligations may face the following risks:

1. Rupiah Cepat can be used by users to meet various needs through a fast and easy application process.
2. Rupiah Cepat can be utilized by users to fulfill a wide range of needs through a simple and efficient application process.

Fees

The costs incurred in a loan include the following:

1. Provision Reserve Fee
2. Interest Rate Fee
3. Service Fee
4. Risk Mitigation Fee
5. Value Added Tax (VAT)
6. Late payment fees follow the loan tenor: for tenors of less than 6 months, the maximum is 0.3% per day, while for tenors of 6 months or more, the maximum is 0.2% per day, and the total fee will not exceed 100% of the loan principal.

Requirements and Procedures

User Requirements:

1. Indonesian citizenship
2. Aged between 18–60 years (The maximum borrowing age is 60 years, calculated based on the borrower's date of birth as stated on the ID card)
3. Valid National ID (KTP)
4. Bank account matching the ID details
5. Residing in Indonesia
6. Submission of all required documents and data

How to Apply for a Loan:

1. Download the Rupiah Cepat app via Google Play Store or Apple App Store
2. Register on the app and fill in your personal information truthfully. Inaccurate or false information may result in rejection and harm your credit reputation with lenders and financial institutions
3. Apply for a loan by selecting the desired loan amount
4. Wait for loan approval
5. Once approved and after signing the agreement, funds will be disbursed to your bank account

Product and Service Complaints

• Email: cs@rupiahcepat.co.id
• Hotline: 021 30006000
• Operating Hours:

Monday-Friday: 08.00–19.30
Saturday–Sunday: 08.00–17.30

• Customer Service Office:
  Wisma BSG, 6th Floor
  Jalan Abdul Muis No. 40
  Petojo Selatan, Gambir, Central Jakarta,
  DKI Jakarta 10160
• Website: https://www.rupiahcepat.co.id/about/index.html

General Terms

The first payment will fall due on the same date of the following month from the loan approval date, and so on for the second, third, and subsequent payments. Accordingly, the number of days in each period mayvary (not always 30 days), depending on the number of days in the respective month.

Example:

• Loan approved: March 25
• First payment due: April 25
• Second payment due: May 25
• Third payment due: June 25, and so on

Additional Information

Disclaimer (Important to Read)

1. The information in this General RIPLAY represents the most updated terms until a newer version is issued. Rupiah Cepat reserves the right to amend this information at any time.
2. This General RIPLAY is provided solely for reference purposes to explain the cash loan product and does not constitute a binding loan agreement.
3. Rupiah Cepat reserves the right to reject loan applications if Users do not meet the applicable requirements and regulations.
4. The User hereby declares that they have read, received an explanation of, understood, and acknowledged the financing product in accordance with the Product and Service Information Summary.

5. Simulation :

   Simulation 1
   This simulation uses an example with a maximum interest rate of 0.3% per day (For Tenor ≤6 months).

   Loan Details:

   • Loan Amount: IDR 500,000
   • Disbursed Amount to Borrower: IDR 450,000
   • Daily Interest Rate: 0.3% per day
   • Total Repayment Amount over 90 Days: IDR 590,574
   • Monthly Installment Amount: IDR 196,836
   • Loan Term: 90 days

   Simulation 2
   This simulation uses an example interest rate of up to 0.2% per day (For Tenor > 6 months).

   Loan Details:

   • Loan Amount: IDR 500,000
   • Disbursed Amount to Borrower: IDR 450,000
   • Daily Interest Rate: 0.2% per day
   • Total Repayment Amount over 510 Days: IDR 954,234
   • Monthly Installment Amount: IDR 56,107
   • Loan Term: 510 days

   Repayment Schedule:

   If the loan date is January 1st, then the first repayment will be due on February 1st, the same date in the following month.