Bank Muamalat Aims For KPR Hijrah Baitullah Grows 5 Times

Bank Muamalat (Between)

JAKARTA PT Bank Muamalat Indonesia Tbk targets the growth of housing ownership financing (KPR) Hijrah Baitullah which was launched at the end of last year to reach around 5 times by the end of 2024.

Bank Muamalat Retail Banking SEVP Dedy Suryadi Dharmawan said the volume of financing or booking of the Baitullah Hijrah Mortgage increased more than 3 times as of September 2024. This increase is in line with the number of KPR Hijrah Baitullah customers who grew 5 times.

"The large public interest in the Baitullah Hijrah KPR program makes us optimistic that we can achieve the program's growth target of around 5 times by the end of 2024. We continue to strive to provide a solution that is profitable and makes it easier for customers to have a dream home as well as get a direct gift in the form of an opportunity to leave for Hajj or Umrah in the family," said Dedy, Thursday, October 24.

To pursue this target, he said, Bank Muamalat will intensify the penetration of the Baitullah Hijrah KPR program in the community. This program provides more benefits, namely housing financing (KPR) as well as obtaining direct prizes for iB Hajj/umrah savings of IDR 25.5 million for the registration of hajj portion or Umrah fees for those who have already served.

He explained that the Baitullah Hijrah KPR program can be accessed by new customers and existing customers with a minimum financing limit of IDR 500 million to a maximum of IDR 5 billion. The choice of prizes for hajj or Umrah portion can be divided to a maximum of up to 4 people as needed so that they can leave for the family. The requirements are with smooth installments for 18 consecutive months.

According to Dedy, the advantages of the KPR Hijrah Baitullah Bank Muamalat program include light down payment ranging from 0 percent, free appraisal fees for special takeover programs, easy document requirements, large installments or installments are definite, as well as flexible financing and adapted to customer needs.

The Baitullah Hijrah KPR program can be used to purchase new houses at the developer of Bank Muamalat partners, the purchase of secondaries from all proper partners of Bank Muamalat agents or the transfer of financing (take over or take over plus top up), including retraining. This program is valid until December 31, 2024 in all branch offices of Bank Muamalat.

"We also designed the Baitullah Hijrah KPR program as an initiative to participate in inviting customers to the pilgrimage as early as possible in line with the Hajj Financial Management Agency (BPKH) program as the holder of Bank Muamalat Controlling Shares," concluded Dedy.