Has Salurkan KPR Rp41.57 Triliun, CIMB Niaga Easy Customers Have Property With The Single Digit Flower Program

Towards the end of the year, PT Bank CIMB Niaga Tbk continues to improve its intermediation function, one of which is through the distribution of home ownership loans (KPR).

Until September 30, 2022, CIMB Niaga mortgage grew 8.6 percent year on year (yoy) to IDR 41.57 trillion. This acquisition was driven by various innovations, programs, and facilities for CIMB Niaga mortgage services which were positively welcomed by the community.

Director of Consumer Banking CIMB Niaga Noviady Wahyudi stated, to maintain the growth momentum, in the fourth quarter CIMB Niaga prepared favorable program options, namely the Year End Xtralicious and Xtra Pasti programs.

Through these two programs, CIMB Niaga provides opportunities for the public to take advantage of mortgage facilities with affordable/margin/ujrah interest and more definite installments.

With the Year End Xtralicious Program, customers can enjoy special fixed and transparent flowers/margin/ujrah for 8 years to get their dream home. In the midst of high public demand for housing and current economic conditions, we hope this offer can be a solution to get mortgages with light installments at the end of this year," Noviady said in an official statement, Monday 12 December.

The special interest/margin/ujrah for the Year End Xtralicious program is 3.99 percent fixed in the first year, then 6.99 percent fixed in the 2nd to 5th year, then 8.99 percent fixed in the 6th to 8th year.

After the fixed period, floating flowers (floating) were applied with reference interest rates for the guarantee of the Deposit Insurance Corporation (LPS) +6.5 percent. This program is valid until the end of December 2022 for property purchases at partner developers, take over, and top ups.

Apart from Year End Xtralicious, customers can also take advantage of the Xtra Pasti program according to financing needs. This program provides longer (10 years) tenor certainty with a 7.99 percent competitive interest/margin/ujrah. This can be a solution for customers in the midst of a fairly challenging macroeconomic condition.

"With this clearer scheme, customers become calmer, because the number of installments is certain with a longer fixed period, as well as a clear reference when entering the floating period, so that customers can manage cash flow better," explained Noviady.

To increase the distribution of mortgages at the end of the year, CIMB Niaga continues to strengthen collaboration with partner developers, cross-selling existing customers, bundling with other CIMB Niaga products, and continuing to accelerate the process through digitization.

One of the latest digital innovations of the CIMB Niaga mortgage is providing Online Forms that make it easy for customers to apply for mortgages digitally without having to come to the branch office. Just access cimb.id/kpr/of, fill out the available forms, and complete the documents online, then the mortgage application process will be processed more quickly. Furthermore, customers will get an email notification to monitor the status of the submitted mortgage.

"With attractive pricing and ease of digital submission, we are optimistic that the public will continue to make CIMB Niaga mortgage an option to realize their dream of having their dream property," concluded Noviady.