Looking to own your dream car or need extra capital for your business, but your savings aren’t quite there yet? No worries—access to financing is now easier than ever with BFI Finance.
As a trusted financing company with decades of experience since 1982, BFI Finance offers a wide range of loan options tailored to your needs—from loans secured by motorcycle or car ownership documents (BPKB) to property certificates.
Before applying, it’s important to understand the requirements for a BFI Finance loan application. This will help streamline the process and increase your chances of approval. Let’s dive into the complete details so you can turn your financial plans into reality.
About BFI Finance
PT BFI Finance Indonesia Tbk is a financing company established in 1982 under the name PT Manufacturers Hanover Leasing Indonesia, a joint venture between U.S. partners and local shareholders.
The company became a pioneer in Indonesia’s multifinance industry and was listed on the stock exchange in 1990 under the ticker symbol BFIN. After undergoing restructuring following the 1998 financial crisis, it officially changed its name to PT BFI Finance Indonesia Tbk in 2001.
Today, the majority of BFI Finance’s shares are owned by a consortium led by Trinugraha Capital & Co SCA, along with other investors, while the rest are held by institutional and public investors.
Over the years, BFI Finance has continued to innovate—introducing sharia-based financing services, developing digital platforms, and expanding partnerships to make financing more accessible to the public.
BFI Finance Loan Products
BFI Finance offers a variety of financing solutions tailored to different financial needs and capabilities. Here are some of the main products:
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Car BPKB Loan: Loans secured by car ownership documents, with financing up to 95% of the vehicle’s value, tenors up to 4 years, and interest rates starting from 0.76% per month.
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Motorcycle BPKB Loan: Financing with motorcycle BPKB as collateral, loan amounts starting from IDR 1 million up to 80% of the vehicle value, with a maximum tenor of 24 months and a quick disbursement process.
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Property Certificate Loan: Loans secured by house or property certificates, with limits up to IDR 5 billion, tenors up to 7 years, and interest rates starting from 0.54% per month.
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Sharia Financing: Financing based on Islamic principles for multipurpose needs or used car purchases, with no penalties or late fees.
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Used Car Financing: Affordable installment plans for purchasing used cars, with tenors up to 5 years and a 1-year warranty bonus.
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Heavy Equipment & Industrial Financing: Financing solutions for acquiring heavy equipment and industrial machinery tailored to business needs.
Why Choose BFI Finance?
BFI Finance stands out thanks to its wide range of financing options—from BPKB-backed loans to property-backed financing—allowing you to choose what best fits your financial situation.
The application process is simple and flexible, whether done online or through one of its extensive branch networks across Indonesia.
Other key advantages include:
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Competitive and transparent interest rates starting from 0.54% per month
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Flexible tenors to match your repayment ability
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Responsive customer service for a smoother experience
With over 40 years of experience, more than 400,000 active customers, and 200+ branches nationwide, BFI Finance also offers full loan disbursement without deductions and financing up to 95% of your asset value—making it a reliable solution for various financial needs.
BFI Finance Loan Requirements
Before applying for a secured loan, make sure you meet the following requirements:
1. Personal Eligibility Criteria
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Indonesian citizen (WNI)
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Aged 21–60 years (single, married, or divorced)
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Have a residence (owned, spouse’s, family-owned, or rented annually)
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Employed (permanent/contract), civil servant, or self-employed
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Not engaged in illegal activities or professions
2. Required Documents
Prepare the following documents to ensure a smooth application process:
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ID card (KTP) of applicant and spouse (if married)
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Family card (KK)
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Electricity bill or property tax (PBB)
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Proof of income
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Vehicle registration (STNK)
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Vehicle ownership document (BPKB) and invoice
3. Vehicle Requirements
Car:
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Privately owned with original BPKB
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BPKB can be under your name, spouse, or a third party (with proof of purchase)
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Company-owned BPKB allowed with a Release of Rights Letter (SPH)
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Maximum age:
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20 years for sedans, jeeps, and minibuses (minimum year 2005)
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13 years for pick-ups and trucks (minimum year 2012)
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Valid vehicle registration and tax status
Motorcycle:
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Privately owned with original BPKB
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BPKB can be under your name, spouse, or a third party (with proof of purchase)
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Maximum age: 13 years (minimum year 2012) for Japanese brands
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Valid registration and tax status
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Overdue tax up to 4 years can still be processed (without deductions); more than 4 years will be adjusted during disbursement
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Must use a black license plate (not red/government plate)
How to Apply for Financing at BFI Finance
Here’s a step-by-step guide to applying for a BPKB-backed loan:
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Fill Out the Online Application Form
Provide your personal information and details of the asset used as collateral. -
Get Contacted by BFI Finance
A representative will reach out to discuss your loan needs and preferred tenor. -
Survey & Asset Verification
BFI Finance will conduct a survey and assess your asset as part of the evaluation process. -
Loan Disbursement
Once approved, the funds will be transferred directly to your bank account.
Understanding the requirements for a BFI Finance loan—from personal eligibility and required documents to asset criteria and application steps—can help you prepare better and improve your approval chances.
For a more convenient financing process, BFI Finance offers various options, including loans secured by motorcycle BPKB, car BPKB, and property certificates, all tailored to your financial goals.
With over four decades of experience and a strong nationwide presence, BFI Finance is a trusted financing institution operating under the supervision of Indonesia’s Financial Services Authority (OJK), ensuring transparency and reliability.
So, whenever you need a financial solution, you can count on BFI Finance—because there’s always a way forward. #SelaluAdaJalan 🚀
