Tiered Installment

Gradual Payment Mortgage is a credit facility from Bank Mandiri for individuals intended for the financing purchase of house/house-shop/house-office/apartment with a more flexible installment payment system that is by providing Revolving Account facility for a certain period for a certain part of the approved Credit Limit.

What is KPR Mandiri Angsuran Berjenjang?

KPR Mandiri Angsuran Berjenjang is KPR Mandiri that provides relief in the form of deferred payment on part of principal installment up to the third year. Starting the fourth year installment will return to normal.

What is the purpose of KPR Mandiri Angsuran Berjenjang ?

KPR Mandiri Angsuran Berjenjang can only be used for purchase of landed house, either built and developed by developer or by secondary market.

So this can not be used to finance house-shop, house-office or apartment

To whom is KPR Mandiri Angsuran Berjenjang offered?

KPR Mandiri Angsuran Berjenjang is for:

Employees of established companies, for example those having business in mining, banking and communication.
Buyers of first house.
Minimum salary Rp. 2 million for outside Jabotabek area and Rp. 3 million for Jabotabek area (joint income allowed).

What are the Benefits for customers?

Customers pay lower installment in the first years (up to third year), so that it lightens customer’s cashflow.
Can maximine credit nominal of prospective customer compared to standard KPR.