Indonesian banks offer 2026 KUR financing for UMKM

Indonesian banks, including Bank Syariah Indonesia (BSI), Bank Central Asia (BCA), Bank Rakyat Indonesia (BRI), and Bank Negara Indonesia (BNI), are providing various Kredit Usaha Rakyat (KUR) schemes in 2026 to support Micro, Small, and Medium Enterprises (UMKM).

These government-subsidized programs offer flexible financing options with tenors ranging from 1 to 5 years. Interest rates are generally set around 6% per year. BSI offers three categories: Super Mikro (up to Rp10 million), Mikro (up to Rp100 million), and Kecil (up to Rp500 million). BCA provides KUR and Kredit Multiguna Usaha (KMU) options, while BNI and BRI also offer significant plafon amounts up to Rp500 million to assist with business expansion and working capital.

To qualify, applicants typically must be Indonesian citizens, have a business that has been operating for at least six months, and provide standard documentation such as an e-KTP, Family Card (KK), and a Business Identification Number (NIB).