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How to pay BRI KUR installments and fines 2023

By Yama

How to pay BRI KUR installments – KUR or the abbreviation of People’s Business Credit is one of the loans provided by Bank BRI for MSMEs. It’s called borrowing, of course the customer must also be willing to pay the KUR installments because it is mandatory, according to the initial agreement.

To date, there are many banks in Indonesia that offer KUR loans, including Bank BRI.

BRI KUR Installment Payments

As one of the best banks established in Indonesia, Bank BRI already has many products, one of which is KUR or People’s Business Credit.

The loan offered by Bank BRI has a maximum limit of 50 million rupiah which can be paid in installments over a period of 60 months.

Not only that, the interest given by Bank BRI for this KUR loan is also quite small, namely 0.2 percent or 6 percent effectively per year.

After making a loan, you must pay the installments according to the agreement that was made previously.

How to pay BRI KUR installments

It is not uncommon for many people to not know how to pay the BRI bank loan installments even though they have decided to borrow.

No need to worry, in this article we will discuss thoroughly how to make BRI KUR installment payments.

1. How to Pay BRI KUR Autodebet Installments

The first way you can pay BRI KUR installments is by paying BRI KUR autodebit installments. Register for BRI KUR autodebit at the nearest BRI branch.

Autodebet is an automatic payment system using customer savings. Payment will be processed automatically according to the nominal bill, paid when the installment is due.

Users only need to deposit money into personal savings. When using the autodebit payment feature, make sure your savings have a deposit balance of IDR. 50,000.

For example, the monthly installment payment is IDR 350,000, then the minimum balance that must be in savings is IDR 400,000. If the balance is insufficient then the payment will not be processed.

2. How to Pay BRI KUR Via Bank Teller

This method is quite easy because you don’t need to bother taking care of the payment, just tell the teller that you will make a BRI KUR installment payment. After that, just follow the instructions.

However, the weakness of making KUR payments via a teller is that you have to come to the branch office first in person.

If your house is far from the branch office, it will be a little difficult for you to pay. Following are the steps for paying BRI KUR installments via a bank teller.

  1. Go to the BRI bank branch office closest to your position.
  2. Take a queue number and wait until your number is called.
  3. When you are called, immediately tell the bank teller that you want to pay the BRI KUR installments.
  4. Provide payment data and give payment money to the teller.
  5. Wait for the bank teller to carry out the work process.
  6. Receive the installment receipt and keep it properly.

3. How to pay BRI KUR via BRI ATM

  1. Come to the nearest BRI ATM to your position.
  2. Insert your BRI ATM card.
  3. Select the desired language, then enter the PIN.
  4. Select the Other Transactions menu
  5. Select the Payment menu, then More.
  6. Select the BRIVA menu.
  7. Enter the Virtual Account Number, for example 8878812345XXXXXX.
  8. Press Yes/Correct.
  9. Take a receipt as proof of payment.

4. How to pay BRI installments via the BRImo application

  1. Open the BRImo application, log in with your username and password.
  2. Select the Buy & Pay option on the main display.
  3. Click Payments. Select the Briva menu.
  4. Select your funding source, then click Continue.
  5. Check the payment number and nominal value again, then click Continue.
  6. Enter the BRImo password, and wait for the transaction process to complete.

5. Pay BRI KUR installments via Internet Banking

  1. Open the BRI Mobile application that was previously registered.
  2. Select BRI Internet Banking.
  3. Login with user ID and password.
  4. Click Payment, select BRI Bank Loan.
  5. Enter the account number and the amount you have to pay.
  6. Enter mToken to end the transaction process.
  7. Save proof of transaction.

6. Pay BRI KUR installments via Indomaret / Alfamart

  1. Visit the nearest Indomaret / Alfamart.
  2. Meet the cashier and say you want to pay the BRI KUR installments.
  3. Then the cashier will ask for the BRI KUR payment number.
  4. Give money to the cashier according to the KUR payment along with an admin fee of IDR 2,500.
  5. Wait a few moments until the cashier finishes processing the payment.
  6. When finished, don’t forget to bring the payment receipt, save it as proof of payment.

BRI KUR Installment Fines If You Pay Late

In general, a loan from a bank has interest and fines if there is a delay in payment. Therefore, borrowers should not be late in paying installments if they do not want additional costs.

How much is the interest and fine for late payment of BRI KUR?

The interest that has been set by BRI for the BRI KUR program is 2% of the installment amount. Meanwhile, the fine for late payment of BRI KUR is IDR 20,000.

So, to avoid hefty fines, you should pay on time.

The final word

This is brief information about how to pay BRI KUR installments. Not only do you come directly to the bank and the teller, you can also choose to do it using other methods.