What is the KPR Interest Relaxation Policy?

With this stimulus, it is expected to be able to support attention to sales. This is because with this relaxation, interest from buying the unit will not be paid immediately, but several months later.

 

From the developer side, he observed that if people take advantage of the stimulus, it will also be a profit. This is because after the signing of the KPR / KPA, it will immediately get a payment from the bank. "The majority of consumers make purchases using the KPA scheme. The average purchase with the KPA system is as much as 45%, then followed by an installment scheme of 35%, and the remaining 20% ​​applies a hard cash scheme, "he explained, as quoted by cash

 

Director of PT. Metropolitan Land Tbk, Olivia Surodjo also agreed to this. According to him, with the current situation, especially with the existence of PSBB policies that have an impact on community activities (work from home / WFH), it has complicated the KPR process. Because, the majority of customers of PT. Metropolitan Land Tbk, which is about 90% doing transactions using the KPR system. "So, the existence of interest subsidies is expected to help. But indeed with the WFH policy, the KPR process is somewhat more difficult, "he explained.

 

Subsidies will be given for six months starting from April to September 2020 in two stages for two classifications. First, for loans below Rp 500 million, they are given a 6% interest subsidy in the first three months, and 3% for the next three months. Second, credit values ​​above Rp 500 million to Rp 10 billion receive a 3% subsidy for the first three months and 2% for the next three months.

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