Open a BTN Syariah Account for KPR

Mortgage is one of the most popular ways to get a house with a credit system. This mortgage is often taken by people who want to own a house, but have a limited budget.

There are many ways you can take out this mortgage. One of them is by utilizing the Syariah KPR Savings product from Bank BTN.

Sharia mortgage savings from Bank BTN

In general, mortgages can be divided into 2, namely conventional mortgages and sharia mortgages. Sharia mortgage itself is a form of mortgage whose activities and implementation are in accordance with Islamic law.

This system itself has several advantages when compared to other mortgage systems, such as: the distribution of funds is more lawful, in accordance with Sharia principles, the profits are based on the profit-sharing principle, uses the contract principle in the implementation system, and the installment amount remains until the payment stage.

Types of BTN Savings for KPR

Here are some types of BTN Savings for KPR that you can use:

KPR BTN Platinum iB

The first KPR product from Bank BTN that you can try is the KPR BTN Platinum iB. This sharia financing product is here as a solution for your dream property ownership. Both in the form of private houses, shop houses, to apartments.

Good for the first, second, or even third through a fast process, low down payment, and fixed installments during the financing period. The principle is to use a Murabaha (buying and selling) contract which provides various benefits.

The conditions include:

Indonesian Citizen (WNI)
Minimum age 21 years or already married
Not more than 65 years old when the financing is paid off
Minimum 1 year working/business period
Have no credit history or non-performing financing/IDI BI Clear
Have NPWP or SPT article 21

When using this service, there are several service fees that will be charged, including: administrative fees, appraisal fees, notary fees, and SKMHT/APHT fees.

KPR BTN Indent iB

The type of BTN Savings for the second KPR is KPR BTN Indent iB. This product is a financing facility to own a house, shop-house, flat or even an apartment. The concept itself is based on an Istishna contract or buying and selling based on orders. So you can indent or pre-order which property unit you want.

Well, here are the requirements to get a KPR BTN Indent iB:

Indonesian Citizen (WNI)
Minimum age 21 years or already married
Not more than 65 years old when the financing is paid off
Minimum 1 year working/business period
Have no credit history or non-performing financing/IDI BI Clear
Have NPWP or SPT article 21

BTN iB . House Building Financing Products

This Bank BTN product helps you to realize the construction of a dream house or renovate a residence on your own land according to the plans and wishes of the customer. Done based on a Murabaha (buying and selling) contract.

For the conditions, the same as the 2 products above, namely:

Indonesian Citizen (WNI)
Minimum age 21 years or already married
Not more than 65 years old when the financing is paid off
Minimum 1 year working/business period
Have no credit history or non-performing financing/IDI BI Clear
Have NPWP or SPT article 21

BTN iB Property Financing

This type of financing is intended for people who want ownership or new property or who require refinancing for properties that they already have. This product uses a musyarakah mutanaqisah contract or the principle of joint asset ownership.

Read also: BNI loans for employees

General requirements:

Indonesian Citizen (WNI)
Minimum age 21 years or already married
Not more than 65 years old when the financing is paid off
Minimum 1 year working/business period
Have no credit history or non-performing financing/IDI BI Clear
Have NPWP or SPT article 21

KPR BTN Subsidized iB

The last one is the iB subsidized mortgage product. This is financing intended for welfare programs for low-income communities. In this case, the Bank cooperates with the Ministry of Public Works and Public Housing in order to facilitate home ownership. This system itself uses a Murabaha (buying and selling) contract which will provide various benefits.

Here are the requirements:

The customer is an Indonesian citizen and has an E-KTP
Minimum age 21 years or already married
Not more than 65 years old when the financing is paid off
Minimum 1 year working/business period
Do not have a credit history or non-performing financing/IDI BI Clear
Have NPWP or SPT article 21
Have a basic income:
For tread units < IDR 4,000,000, while for Flats < IDR 7,000,000
The applicant does not own a house and has never received a government subsidy for home ownership.
Submit NPWP and Annual Income Tax Return for individuals in accordance with applicable laws and regulations.

So, those are the 5 types of BTN Savings for KPR that you can use to own a house.