Cara Mengajukan Power Cash dari Livin' by Mandiri
Content - Power Cash
How to Apply for Power Cash in Livin' by Mandiri
Learn how to get cash from your credit card with Power Cash. Easy to apply, instant disbursement!
Choose Livin’ Power Cash menu on the home page.
Or, go to Your Products page, select Credit Card, then choose Power Cash.
Learn about the details of Power Cash here, then click Apply Now.
Read the Terms and Conditions.
Set amount and the tenor according to your needs.
Select account for funds disbursement.
Make sure the details of your application are correct, then click Submit Application.
Enter Livin’ PIN.
Your Power Cash application is submitted. Bank will verify your application.
FAQ - Power Cash
Frequently Asked Questions
What is Power Cash?
Power Cash is a facility that allows customers to withdraw cash from their Mandiri Credit Card limit and transfer it to their savings or current account. The amount can then be repaid in instalments over the available repayment period.
Who can apply for Power Cash through the Livin' by Mandiri app?
At the moment, only customers selected by Bank Mandiri are eligible to apply for Power Cash.
What is the maximum loan amount a customer can receive?
The maximum loan amount is the lower of:
- 50% of the customer's available credit card limit; or
- IDR 500,000,000.
Will customers receive the exact loan amount shown in the Livin' by Mandiri app?
Yes. If the application is approved by Bank Mandiri, customers will receive the exact loan amount they applied for in the Livin' by Mandiri app.
What documents are required to apply for Power Cash through the Livin' by Mandiri app?
No documents are required when submitting a Power Cash application.
Which account types can be used to receive Power Cash funds?
At the moment, Power Cash funds can be paid into the following account types:
- Mandiri Regular Savings
- Mandiri Business Savings
- Mandiri Premium Savings
- Mandiri Online Savings
- Mandiri Payroll Savings
- Mandiri Non-Payroll Savings
- Mandiri Business Partner Savings
- Mandiri Migrant Worker Savings (TKI)
- Tabungan Now
- Current Account
Can a USD account be used to receive Power Cash funds?
No. At present, Power Cash funds can only be transferred to an IDR account.
How long does it take for a Power Cash application to be processed and the funds to be disbursed?
Applications submitted through the Livin' by Mandiri app will be processed within 24 hours. If customers do not receive any update after 24 hours, they can contact the Mandiri Call Centre on 14000 to check the status of their application.
How can customers check the status of their Power Cash application and fund disbursement?
Customers can check the status of their Power Cash application in the Messages or Inbox menu in the Livin' by Mandiri app. If the application is declined, customers can contact the Mandiri Call Centre on 14000 for further information.
Can customers cancel their Power Cash application after it has been submitted?
No. Once the application has been submitted through the Livin' by Mandiri app, it cannot be cancelled.
Can customers submit more than one Power Cash application on the same day through the Livin' by Mandiri app?
Yes. Customers may submit multiple Power Cash applications on the same day, provided they still have sufficient available credit limit.
How do customers repay their Power Cash instalments?
Power Cash instalments are included in the customer's monthly credit card statement. Customers simply need to pay their credit card bill according to the amount shown on the statement.
Can customers repay their Power Cash loan early?
Yes. Early repayment can be arranged by contacting the Mandiri Call Centre on 14000. An early repayment fee of 5% of the remaining Power Cash principal will apply, together with the Power Cash interest for that month.