10 Banks with The Lowest Credit Interest Rate

Top 10 Banks in Indonesia

This information is gathered from the large banks in Indonesia websites. These banks have the largest assets with various interest credit rate or in Indonesian, Suku Bunga Dasar Kredit (SBKD). BCA, Bank Central Asia, has the lowest interest rate with the average interest rate of 8.91%.

BCA is on the top position because it has lower than 10% interest rate in three segments of credit which are Corporate Credit, Housing Credit or Home Loan or in Indonesian, Kredit Kepemilikan Rumah (KPR) and Non-Housing Credit.

Below is the list of the top 10 banks starting with the lowest interest rate banks:

1. BCA (Bank Central Asia)

• Average interest rate: 8.91%
• Corporate Credit (CC): 9.0%
• Retail Credit (RC): 10.50%
• House Loan (HL): 7.50%
• Non-Housing Credit (NHC): 8.64%

2. BII (Bank International Indonesia)

• Average interest rate: 10.76%
• Corporate Credit (CC): 10.59%
• Retail Credit (RC): 11.43%
• House Loan (HL): 10.67%
• Non-Housing Credit (NHC): 10.37%

3. BTN (Bank Tabungan Negara)

• Average interest rate: 10.92%
• Corporate Credit (CC): 10.56%
• Retail Credit (RC): 10.68%
• House Loan (HL): 11.08%
• Non-Housing Credit (NHC): 11.38%

4. Permata Bank

• Average interest rate: 11.06%
• Corporate Credit (CC): 10.75%
• Retail Credit (RC): 11.0%
• House Loan (HL): 12.0%
• Non-Housing Credit (NHC): 10.50%

5. Panin Bank

• Average interest rate: 11.32%
• Corporate Credit (CC): 11.25%
• Retail Credit (RC): 11.25%
• House Loan (HL): 11.75%
• Non-Housing Credit (NHC): 11.75%

6. CIMB Niaga Bank

• Average interest rate: 11.35%
• Corporate Credit (CC): 11.10%
• Retail Credit (RC): 11.50%
• House Loan (HL): 11.30%
• Non-Housing Credit (NHC): 11.50%

7. Mandiri Bank

• Average interest rate: 11.68%
• Corporate Credit (CC): 10.50%
• Retail Credit (RC): 12.50%
• House Loan (HL): 11.25%
• Non-Housing Credit (NHC): 12.50%

8. BRI (Bank Rakyat Indonesia)

• Average interest rate: 11.76%
• Corporate Credit (CC): 10.22%
• Retail Credit (RC): 12.86%
• House Loan (HL): 11.07%
• Non-Housing Credit (NHC): 12.92%

9. Danamon Bank

• Average interest rate: 12.1%
• Corporate Credit (CC): 11.0%
• Retail Credit (RC): 13.0%
• House Loan (HL): 12.25%
• Non-Housing Credit (NHC): 12.49%

10. BNI (Bank Negara Indonesia)

• Average interest rate: 12.17%
• Corporate Credit (CC): 10.75%
• Retail Credit (RC): 13.0%
• House Loan (HL): 11.80%
• Non-Housing Credit (NHC): 13.15%

Source: Analisa
Updated on: December 10, 2011