Requirements

• Indonesian citizen.
• Minimum age 21 at application and maximum 55 at the end of financing.
• Minimum gross monthly income of IDR4 million.
• Minimum 1 year of employment for employees.
• Minimum 2 years of professional or self-employed experience.
• Complete the application form and submit required documents

Supporting Documents

1) Completing the ownership information/document of the asset to be used as the object of MMq (Musyarakah Mutaqisah). 
2) Payslips for the last 2 months from the application submission date. Payslips can be in e-salary format or carbonized.
3) Minimum Maybank Credit Card membership of 2 years and a minimum financing limit of IDR5 million.
4) Tax Identification Number (NPWP) must be provided for financing application ≥ IDR50 million.
5) Required if the applicant is married and has a Prenuptial Agreement. 

Margin/Ujrah Rate and Administrative Fees

1) The applicable margin/ujrah rate is based on a flat annuity with fixed monthly installments, where principal and margin/ujrah change each month. Margin/ujrah rates may change at any time according to the Bank’s policy with prior notice.
2) Minimum administrative fee of IDR250,000.
3) Maybank Payroll customers are invited by the Bank based on criteria and terms set by the Bank.

Applicable Fees:

1. Financing terms in the event of early settlement/delay
   1. Late payment fee of up to 5% of the outstanding financing amount plus IDR100,0001)
   2. Early settlement fee based on the remaining tenor of the financing:

      Early Settlement Fee2)
      Remaining Tenor	Remaining Principal3)	Administrative Fee4)
      =< 6 month	5%	IDR0,-
      > 6 month – 24 month	6%	IDR250,000
      > 24 month	6%	IDR300,000

      ¹⁾ Late payment fees will be allocated for social funds and compensation (Ta’widh).
      ²⁾ Not applicable to Maybank employees & consolidation.
      ³⁾ Includes 1 installment.
      ⁴⁾ Administrative fee will be charged if the customer’s Maybank Personal Financing iB account has been closed but still has an excess balance of IDR100,000/month.