INDONESIA INTEREST FREE LOAN INDONESIA LOAN WITHOUT INTEREST ZERO RATE NO INTEREST
In Indonesia, a loan without interest is by definition an interest free credit facility for which an Indonesian bank or an Indonesian credit company will not charge interest or fees to an Indonesian borrower.
In Indonesia, the loan with no interest is obtained either by using Islamic finance products offered by several Indonesian Islamic banks but for which the borrower will pay a fee, or through the zero-rate loan offered under the real estate financing or mortgage.
In Indonesia, an interest-free loan is a funding option offered to an Indonesian borrower with the particularity that the Indonesian lending organization will not impose the payment of interest on him as is the case with conventional loans.
In Indonesia, the loan without interest exists but not in the forms that one expects but in a subtle way, either the interests take another name like the word of profit within the halal financing, or it is really about free loan or there is effectively no interest to be paid by the Indonesian consumer.
In Indonesia, interest-free loans are also accessible at the level of traders and other car dealers who, to promote the sale of their product, attract the Indonesian borrower with interest-free car loan offers.