Jago x BFI Finance

BFI Dana Express Mobil is a cash loan product from PT BFI Finance Indonesia Tbk ("BFI Finance") and Bank Jago, that uses a car's vehicle registration certificate (BPKB) as collateral to meet your various financial needs. This product offers a high limit (up to 95% of the vehicle's value), competitive interest rates starting from 0.76% flat per month, long terms installment up to 48 months, fast application process, and licensed and supervised by Otoritas Jasa Keuangan (OJK).

BFI Dana Express Mobil available on the Jago app is a product owned by BFI Finance, and therefore falls entirely under BFI Finance's responsibility. Jago helps market and facilitate customers by providing access to this product through the Jago app.

Jago customers can easily apply for a BFI Dana Express Mobil by filling out the online form on the BFI Finance website, which can be accessed from the Jago app.

Once the loan is approved, customers can easily monitor their remaining loan balance, installment amount, and due date by linking their BFI Pocket to their Jago account.

Customers can access the online form through a notification in the Jago app about the BFI Dana Express Mobil. Notifications can be found via push notifications, bell notifications, spotlight, and official emails from Bank Jago.

After completing the form, customers will be contacted by the BFI Finance team for a consultation and survey schedule. Once verified, funds will be disbursed immediately upon loan approval.

The funds that can be borrowed start from IDR 10 million to 95% of the vehicle value.

• Vehicle: Owned car with original vehicle registration certificate (BPKB).
• BPKB: Can be in your own name, your spouse's, or another person's name (with proof of purchase). If it's in a company's name, a vehicle registration certificate (SPH) must be attached.
• Vehicle Age: Maximum 20 years (Minimum 2005) for sedans, jeeps, and minibuses. Maximum 13 years (Minimum 2012) for pickups and trucks.
• STNK/Tax: In your own name: Active or deceased, maximum 2 years. In another person's name: Active or deceased (transfer of title at BFI).
• License Plate: Black license plate. Yellow license plates are accepted except for commercial transportation (public transportation and taxis).

• Applicant's (and spouse's) ID card
• Family Card
• Electricity Bill / PBB
• Proof of Income
• STNK & BPKB

Yes, the BPKB can be in your own name, your partner's name, or someone else's (by attaching proof of purchase).

Yes it's safe, because BFI Finance is licensed and supervised by the Otoritas Jasa Keuangan (OJK).

1. Daily/monthly late fees are charged according to the loan agreement, which will accumulate and increase the total debt.
2. A poor payment history is recorded in OJK's SLIK (formerly BI Checking), which hinders future loan/credit applications (either at BFI or other institutions).
3. BFI Finance has the right to execute (seize) the collateral (car BPKB) which is bound by fiduciary duty, and the vehicle will be auctioned to pay off the debt.

Customers can view further information regarding BFI Dana Express Mobil and perform simulations via the following page: https://www.bfi.co.id/id/produk/jaminan-bpkb-mobil