Kredit Usaha Rakyat (KUR)
Kredit Usaha Rakyat Baru
Kredit Usaha Rakyat
KUR consist of working capital and/or investment credit/financing provided to individual/personal MSME (Micro, Small, Medium Enterprises)-scale who is profitable and creditworthy but does not have additional collateral or has additional collateral but is not sufficient.
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Increasing and expanding access to financing to profitable business;
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Increasing competitive advantages of Micro, Small, and Medium Enterprises; and
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Encouraging economic growth and workforce intake.
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Micro, Small and Medium Enterprises;
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Micro, Small and Medium Enterprises of family members of employees having fixed incomes or be employed as Indonesian migrant worker.
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Micro, Small and Medium Enterprises of Indonesian migrant worker who have ever worked abroad;
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Micro, Small and Medium Enterprises in border areas;
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Micro, Small and Medium Enterprises retirees of Civil Servants (ASN), National Army of the Republic of Indonesia (TNI), and National Police of the Republic of Indonesia (POLRI) and/or employees under retirement preparation period;
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Micro, small and medium enterprises (not the State Civil Apparatus (ASN), the Indonesian National Army (TNI) and the Indonesian National Police (POLRI);
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Micro, Small and Medium Enterprises includes :
1. Other Business Community; and
2. Farmers and Fishermen Community Union (Gapoktan). -
Micro, Small and Medium Enterprises of Workers affected by Termination of Employment;
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Prospective Indonesian Migrant Worker who will work abroad; and/or
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Prospective Internship Members abroad;
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Micro, Small and Medium Enterprises of housewives.
Business or Business Community Debtor of KUR must be profitable and creditworthy business activities producing goods and/or services to provide added value and increase incomes for businessmen. Debtor's Risk Acceptance Criteria (RAC) are as follows:
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Age of the prospective debtor is at least 21 years old or has been married, the age of the prospective debtor of Employment of Indonesian Migrant Worker is allowed to be at least 18 years old, however they must submit a statement letter of from the prospective debtor and a letter of consent from their parents/guardians to work abroad;
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Based on assessment on the prospective Debtor conducted by Bank through Financial Information Service System (SLIK) as follows :
1. Prospective Debtor may simultaneously obtain credit/financing, namely KUR at the same Distributor, home ownership loan, two-wheeled motor vehicle credit/leasing for commercial purposes, credits secured by Pension Certificate, credit card, warehouse receipt credit, and/or consumptive credit for household purposes from banks and non-Bank financial institutions in accordance with definitions as stipulated by the laws and regulations with a current collectability status;
2. Prospective Debtor who still has a debit balance of credit/profitable financing and credit/financing programs outside KUR that are recorded in Financial Information Service System (SLIK) but the concerned person has paid off the credit, a certificate of repayment/settlement supported with a printed account attachment from the previous lender/financing provider are required. -
Particularly for KUR Kecil Prospective Debtor/Debtor who is not included in National Blacklist of as a Drawer of Bad-Cheque and/or Bad Bilyet Giro
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Prospective Debtor of KUR Super Mikro, Mikro KUR, KUR Kecil, and KUR PMI, and KUR Khusus have never obtained credit/investment financing/commercial working capital, except for :
1. Consumptive credit/financing for household purposes;
2. Loans/financing of ultra-micro schemes/scales or similar with a maximum ceiling of IDR 20,000,000,- ;
3. Credit to information technology-based co-financing service companies or digital-based financing companies.
4. Consumptive credit/financing with a ceiling of up to Rp500,000,000,- which in the financial information service system is declared as productive credit, evidenced by a credit/financing agreement.
KUR distributed by Bank consists of:
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KUR Super Mikro;
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KUR Mikro;
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KUR Kecil;
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KUR for Indonesian Migrant Worker (formerly was KUR TKI); and
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KUR Khusus
KUR provision is prioritized in productive sector, including sectors that increase the quantity of goods and/or services in:
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agriculture, hunting and forestry sectors;
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marine and fisheries sector;
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construction sector;
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people's salt-mining sector;
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tourism sector;
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production services sector; and/or
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other production sectors.
KUR Super Mikro | KUR Mikro | KUR Kecil | KUR PMI | KUR Khusus | |
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Credit Limit | up to IDR 10 million | > IDR.10 million up to IDR 100 million | > IDR100 million up to IDR 500 million | Max. IDR 100 Million* | up to IDR 500 million |
Tenor | 1. KMK max. 3 years 2. KI max. 5 years |
1. KMK max. 3 years 2. KI max. 5 years |
1. KMK max. 4 years 2. KI max. 5 years |
1. KMK max. 4 years 2. KI max. 5 years |
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Interest Rate | effective 3% p.a. | 1. Obtained the first time KUR amounted to effective 6% p.a.: 2. Obtaining the second KUR amounted to effective 7% p.a. 3. Obtaining the third KUR amounted to effective 8% p.a. 4. Obtaining the fourth KUR amounted to effective 9% p.a. |
1. Obtained the first time KUR amounted to effective 6% p.a.: 2. Obtaining the second KUR amounted to effective 7% p.a. 3. Obtaining the third KUR amounted to effective 8% p.a. 4. Obtaining the fourth KUR amounted to effective 9% p.a. |
Effective 6% p.a. | Effective 6% p.a. |
Principal collateral | Business or object(s) to be financed | Business or object(s) to be financed | Business or object(s) to be financed | Not-required | Business or object(s) to be financed |
Additional collateral | Not Applied | Not Applied | Required in the form of land and/or building or motor vehicle | Not Applied | Land and/or building or motor vehicle |
Minimum business operational period | Prospective debtor of super micro KUR are allowable for a business having less than 6 months operation, however must comply with any of requirements as follows: 1. Participating in mentoring program. 2. Participating in entrepreneurship training or other trainings. 3. Join in a Business Community; or 4. Having a family member who has business activities |
At least 6 months for Prospective Debtors who is workers affected by Termination of Employment (PHK) have participated the entrepreneurship training and have operated business activities for at least 3 months. | At least 6 months | At least 6 months | |
Accumulated credit limit for each debtor | Not being limited by the total accumulated Super Mikro KUR credit limit. | 1. Prospective micro KUR borrowers in the agricultural, plantation, fishery and livestock production sectors are limited to obtain KUR a maximum of 4 (four) times. 2. Prospective micro KUR borrowers other than the agricultural, plantation, fishery and livestock production sectors as defined are limited to obtain KUR for a maximum of 2 (two) times. |
Max. IDR500 Million each dentor. | - | Not being limited by the total accumulated Special KUR credit limit. |
For information on fees charged, you can directly contact the nearest Bank Mandiri Branch Office/Micro Unit.
Please refer to the table of point 7 above
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a. Super Micro KUR, Micro KUR, Small KUR, Special KUR
- i. Business Identification Number (NIB) or Micro and Small Business Certificate (SKU) issued by RT/RW, sub-district/village, or by issued the authorized officials and/or other similar certificates in accordance with the provisions of laws and regulations;
- ii. Identification Number (NIK) as evidenced by an identity card in the form of eKTP or e-KTP Issuance Cover Note.
- iii. Tax Id Number (NPWP) for limits above IDR 50 million.
- iv. Copy of Family Card
- v. Copy of Marriage/Divorce Letter/Certificate (for prospective Debtor who is married/divorced).
- vi. BPJS TK membership (only for Small KUR & Special KUR credit limit >IDR 100 million)
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b. KUR Employment of Indonesian Migrant Worker
- i. Population Identification Number (NIK) as evidenced by identity card in the form of eKTP or e-KTP Issuance Cover Note;
- ii. Indonesian Migrant Worker employment agreement by the Indonesian labor employment and/or internship agency.
- iii. Employment Agreement with the employer of Indonesian Migrant Worker either placed by the Indonesian employment and/or internship agency, the Government or Indonesian Migrant Worker who works individually.
- iv. Copy of Family Card
- v. Copy of Certificate of Marriage/Divorce (for prospective Debtor who is married/divorced)
Debtor of KUR Kecil and KUR Khusus with a credit limit above IDR 100,000,000.00 (one hundred million rupiah) is required to participate in the Employee Social Security Program (BPJS) in accordance with the provisions of laws and regulations of employment social security implementation
Yes, it is possible for Pre-Employment Program Alumni to obtain KUR Super Micro financing. Alumni can provide a certificate of completion of the program and meet one of the following criteria:
1. Participated in mentoring;
2. Participated in entrepreneurship training or other training;
3. Joining a business group; or
4. The length of business operation can be less than 6 months since the first operation.
For more information, please contact the nearest Bank Mandiri Micro Branch/Unit and Mandiri Call 14000.
Credit Limit | Tenor (months) | ||||
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12 | 24 | 36 | 48 | 60 | |
10,000,000 | 860,664 | 443,206 | 304,219 | - | - |
15,000,000 | 1,290,996 | 664,809 | 456,329 | - | - |
25,000,000 | 2,151,661 | 1,108,015 | 760,548 | - | - |
30,000,000 | 2,581,993 | 1,329,618 | 912,658 | - | - |
40,000,000 | 3,442,657 | 1,772,824 | 1,216,877 | - | - |
50,000,000 | 4,303,321 | 2,216,031 | 1,521,097 | - | - |
60,000,000 | 5,163,986 | 2,659,247 | 1,825,316 | - | - |
70,000,000 | 6,024,650 | 3,102,443 | 2,159,536 | - | - |
80,000,000 | 6,885,314 | 3,545,649 | 2,433,755 | - | - |
90,000,000 | 7,745,979 | 3,988,855 | 2,737,974 | - | - |
100,000,000 | 8,606,643 | 4,432,061 | 3,042,194 | - | - |
110,000,000 | 9,467,307 | 4,875,267 | 3,346,413 | 2,583,353 | 2,126,608 |
150,000,000 | 12,909,964 | 6,648,092 | 4,563,291 | 3,522,754 | 2,899,920 |
200,000,000 | 17,213,286 | 8,864,122 | 6,084,387 | 4,697,006 | 3,866,560 |
350,000,000 | 30,123,250 | 15,512,214 | 10,647,678 | 8,219,760 | 6,766,481 |
500,000,000 | 43,033,215 | 22,160,305 | 15,210,969 | 11,742,515 | 9,666,401 |
Until December 31, 2025