How to Borrow Money on GoPay: A Complete and Practical Guide

Today, convenient financial transactions have become a necessity for many people. One solution is online lending services integrated with GoPay, one of the most popular digital wallets in Indonesia.

Learning how to borrow money on GoPay is fairly simple. You can apply for a cash loan for various needs, from urgent expenses to business capital. Read this article to discover the complete step-by-step guide.

What Is GoPay Pinjam?

GoPay Pinjam is a cash loan service available for selected Gojek users, offering an easy application process and fast fund disbursement. This service is managed by PT Mapan Global Reksa (Findaya), which is licensed and supervised by Indonesia’s Financial Services Authority (OJK).

If you are an eligible customer, the GoPay Pinjam feature will appear in the Gojek, GoPay, or Tokopedia apps. The loan limit can reach up to IDR 35,000,000, with flexible repayment terms ranging from 2, 3, 6, to 12 months.

Is GoPay Pinjam Safe?

Security is an important factor when choosing an online lending service. GoPay Pinjam is officially licensed and supervised by the Financial Services Authority (OJK), ensuring that the service operates under strict regulations.

In addition, user personal data is protected through secure systems, minimizing the risk of data breaches. You can verify this information directly through the official GoPay website.

Benefits of Borrowing Money on GoPay

GoPay Pinjam offers several advantages that make borrowing funds practical and convenient. Here are some of the key benefits:

Loan limits up to IDR 35 million, suitable for various financial needs, from small expenses to larger funding requirements.
Flexible repayment terms from 1 to 12 months (61–183 days), allowing you to adjust installments according to your financial capability.
Competitive interest rates, ranging from 1.21% to 2.69% per month, with a clear annual APR between 14.52% and 32.28%.
Affordable service fees, starting from 0.30% to 4.98%, plus provision fees ranging from 1.00% to 5.30%.
Simple activation process using only your e-KTP (Indonesian ID card).
Fast disbursement, typically within about 2 minutes after approval.
Transparent fees, with no hidden charges.
Licensed and supervised by OJK, ensuring legal compliance and transaction security.

How to Borrow Money on GoPay

Before applying for a loan, you need to activate your account. Below are the steps for account activation and loan application on GoPay Pinjam.

1. Account Activation Steps

To use GoPay Later or GoPay Pinjam, users must first complete an identity verification process:

Take a photo of your e-KTP: Prepare your e-KTP and take a clear photo of the ID card as the main verification document.
Take a selfie with your e-KTP: Capture a selfie while holding your e-KTP. This step verifies your identity and ensures facial recognition matches your ID.
Fill in your personal information: Complete the activation by providing the requested personal details such as your name, address, and other relevant information.

2. Steps to Borrow Money on GoPay Pinjam

Once your GoPay Pinjam account is active and your loan limit is available, you can apply for a loan by following these steps:

Open the GoPay Pinjam main page in the app.
Select the “Cash Withdrawal” menu.
Choose the loan amount you need, ranging from IDR 200,000 to IDR 35,000,000.
Select the available repayment period: 2, 3, 6, or 12 months.
Review the loan details, including interest rate, admin fees, and monthly installments.
Select the purpose of the loan, then click “Confirm.”
Sign the contract to finalize the application.
The funds will be transferred to your GoPay account within a maximum of 1 × 24 hours.

Once completed, your loan funds are ready to use.

Understanding GoPay Pinjam BPKB

GoPay Pinjam BPKB is a loan service designed for personal needs, business capital, education, and other purposes that uses a vehicle ownership certificate (BPKB) as collateral. This service is specifically available for selected GoPay merchants.

The program is a collaboration between PT Multifinance Anak Bangsa (MAB) and BFI Finance, both licensed and supervised by the Financial Services Authority (OJK).

Through GoPay Pinjam BPKB, borrowers can access larger loan amounts by using their vehicle ownership document as collateral. This system differs from GoPay Pinjam Modal, which does not require collateral.

GoPay Pinjam BPKB can be an ideal solution if you need a higher loan limit than the standard GoPay Pinjam, with potential funding of up to IDR 2 billion and a relatively fast approval process.

How to Apply for GoPay Pinjam BPKB

If you want to apply for a loan through GoPay using your BPKB as collateral, follow these steps:

Open the GoPay Pinjam BPKB page, then select “Apply for a Loan Now.”
Carefully read the Terms and Conditions, then provide your agreement.
Fill in your personal information completely and accurately according to your official documents.
Review the information you entered and submit your application.
Once the application is processed, BFI Finance Indonesia Tbk will contact you and arrange a visit to collect the required documents.

Prepare the following documents in advance:

e-KTP (Indonesian ID card)
Vehicle registration certificate (STNK)
Vehicle ownership certificate (BPKB)
Family card (KK)

After completing all the steps, you simply need to wait for the loan funds to be disbursed.

That is the complete explanation of how to borrow money on GoPay, including the GoPay Pinjam BPKB service designed specifically for selected merchants.

By following this loan guide from the collaboration between GoPay and BFI Finance, you can apply for financing more easily, understand the details of fees and interest rates, and prepare the required documents so the disbursement process runs smoothly and quickly.

In addition to GoPay Pinjam BPKB, you can also explore other financing options from BFI Finance. With more than 40 years of experience, BFI Finance offers transparent and legally compliant secured financing services.

Through BFI Finance, you can apply for loans using collateral such as: