Personal loans (KTA) in Indonesia 2026: licensed banks ranked
A ranking of Indonesian banks by their standard unsecured personal loan (KTA, Kredit Tanpa Agunan), not credit cards, car or home loans. Only banks licensed and supervised by the Financial Services Authority (OJK) are included. Our collector could not read OJK's website, so the licence is taken from the statement each bank publishes on its own site and in its product summary (RIPLAY): licensed and supervised by OJK and Bank Indonesia, and a member of the deposit insurance scheme LPS. Online lending platforms (pinjol, P2P lending), finance companies, intermediaries and comparison sites are excluded. Indonesian banks usually quote KTA rates as a flat rate per month, so that is the basis we use: the lowest flat monthly rate a bank publishes for its KTA, as a percentage of the reference of 0.89% flat per month (the median at launch). A flat rate is charged on the original amount for the whole term, so the effective annual rate is much higher: one bank's product summary shows 0.88% flat per month as 18.95% effective per year over 12 months. Banks that publish only an effective rate have no cost figure here, because the two bases cannot be compared. The lowest rate usually applies to payroll customers or large amounts. A loan is an obligation: it must be repaid with interest, and the rate depends on the applicant and the bank's decision. This ranking is not a recommendation and promises neither approval nor a rate. Compare Scores only within Indonesia. Score is not for sale; paid placements, if any appear, will be a separate labelled block.
| # | Company | Who it serves | ||||
|---|---|---|---|---|---|---|
| 1 | UOB Indonesia (loans) | 84 | 1956 | Yes | 78% | Licensed No arrangement fee Fees published |
| 2 | Maybank Indonesia (loans) | 75 | 1959 | Yes | 100% | Licensed Fees published |
| 3 | BCA (loans) | 74 | 1957 | Yes | 101% | Licensed Fees published |
| 4 | Bank Mega (loans) | 63 | 1969 | Yes | Not verified | Licensed Fees published Online application |
| 5 | CIMB Niaga (loans) | 59 | Not verified | Yes | 99% | Licensed Fees published Online application |
| 6 | Bank Mandiri (loans) | 52 | 1998 | Yes | Not verified | Licensed |
| 7 | OCBC Indonesia (loans) | 50 | Not verified | Yes | 110% | Licensed Fees published |
-
- Licensed since
- 1956
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- 78%
Pros
- Long licence history
- Published rate below the country reference
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
Cons
- A charge can apply to early repayment
Details Visit site ↗ 96% backed by facts
-
- Licensed since
- 1959
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- 100%
Pros
- Long licence history
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
- Publishes how to complain
Cons
- An arrangement fee can apply
- A charge can apply to early repayment
Details Visit site ↗ 96% backed by facts
-
- Licensed since
- 1957
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- 101%
Pros
- Long licence history
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
- Publishes how to complain
Cons
- An arrangement fee can apply
- A charge can apply to early repayment
- Online application is not open to new customers
Details Visit site ↗ 100% backed by facts
-
- Licensed since
- 1969
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- Not verified
Pros
- Long licence history
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
- Publishes how to complain
Cons
- An arrangement fee can apply
- A charge can apply to early repayment
Details Visit site ↗ 77% backed by facts
-
- Licensed since
- Not verified
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- 99%
Pros
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
- Publishes how to complain
- New customers can apply online
Cons
- An arrangement fee can apply
- A charge can apply to early repayment
Details Visit site ↗ 79% backed by facts
-
- Licensed since
- 1998
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- Not verified
Pros
- Long licence history
- Licence confirmed by the official list or a stated licence number
- Publishes how to complain
- Long support hours
Cons
- An arrangement fee can apply
- Online application is not open to new customers
Details Visit site ↗ 63% backed by facts
-
- Licensed since
- Not verified
- Licensed by the regulator
- Yes
- Published rate, % of country reference
- 110%
Pros
- Licence confirmed by the official list or a stated licence number
- Fees or full loan terms are readable without login
- Publishes how to complain
Cons
- An arrangement fee can apply
- A charge can apply to early repayment
Details Visit site ↗ 73% backed by facts
Not ranked yet: not enough verified data
These services are known to us, but we haven't verified enough facts to rank them fairly.
- HSBC Indonesia (loans) (48% backed by facts)
How we calculate the Score
35%
Licence
Whether the lender appears in the regulator's official list, or states its licence number on its site, and how long it has held a licence or registration. Where the register shows no date we use the year stated on the official site, which can be the founding year. A licence means supervision; it does not make a loan cheap or safe for you.
30%
Transparency
Whether a fees document or the full loan terms can be read without logging in, whether the lender publishes how to complain, and whether its terms state that early repayment is free. A statutory early repayment charge counts as a charge.
25%
Cost
The published rate of the standard cash loan as a percentage of the country's reference rate, the median of the rates we collected at launch (100% equals the reference; the score falls from 50% to 200%). The original rate with its example amount and term is shown beside it. The basis differs by country, so compare only within one country. We also count whether the standard terms have no arrangement fee. This factor deliberately weighs less than licence and transparency.
10%
Service
Whether a new customer can apply online, weekly hours of general support, and the maximum amount and term compared within the country. A larger or longer loan is not better for you: more time usually means more interest paid. That is why these two facts carry little weight.
What to check in a loan offer
A loan is an obligation
You commit to fixed payments for the whole term, whatever happens to your income. Late or missed payments can bring extra charges and harm your credit history, and the lender can take legal steps to recover the debt.
Verify the licence
Look the lender up in the official list of the central bank or financial regulator by its exact legal name and compare the website address. Fraudsters copy the names of real lenders. A real lender does not ask for an upfront payment to release a loan.
Read the rate as an example
The published figure is an example or a lowest rate. Your rate depends on your income, credit history, amount and term, and the lender may refuse. Read the individual offer before signing.
Look at the total to repay
Compare the total amount repayable, not only the monthly payment. A longer term lowers the payment but usually raises the interest you pay overall.
Check fees and insurance
Look for arrangement fees, early repayment charges, late payment charges and whether insurance is required. Each of these changes the real cost. The figures must be in the pre-contract information.
Know how to complain
Complain to the lender in writing first and keep the reference. If the reply does not resolve it, contact the financial ombudsman, where one exists, or the regulator. If you have trouble repaying, contact the lender early and consider free independent debt advice where available.
Frequently asked questions
Who supervises banks and KTA loans in Indonesia?
Banks in Indonesia are licensed and supervised by the Financial Services Authority, Otoritas Jasa Keuangan (OJK). Every bank in this ranking states on its own site that it is licensed and supervised by OJK and Bank Indonesia and is a member of the deposit insurance scheme LPS.
How can I check that a lender is licensed?
Look the lender up by its exact legal name (for example PT Bank ... Tbk) on OJK's official website or through OJK's consumer contact line, and compare it with the licence statement in the footer of the lender's site. Be careful with apps and messages that only use a bank's name. A licensed bank does not ask for an upfront payment to release a loan.
What is the difference between a flat rate and an effective rate?
A flat rate is charged on the original loan amount every month until the end of the term, even as you repay. An effective (annuity) rate is charged on the balance that is still outstanding. The same loan therefore looks cheaper as a flat rate: in one bank's product summary 0.88% flat per month equals 18.95% effective per year over 12 months. Compare offers on the same basis, and read the bank's product summary (RIPLAY), which lists the rate, the fees and an example.
Which fees should I check besides the interest rate?
Most banks here charge a provision or administration fee taken from the amount paid out, a late payment charge and a fee for repaying early, often a percentage of the remaining principal. Some also charge life insurance or stamp duty. These are listed on the bank's KTA page or in its RIPLAY.
Is this a recommendation, and can a lender buy a place?
No. This ranking is not financial advice or a recommendation and promises neither approval nor a rate. Score is not for sale: it is calculated from published facts with a public method. If paid placements ever appear, they will be a separate block labelled Sponsored.