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Deposit

Bank Andara offers fund placement in the form of Deposito Andara, functioning in providing trusted, secure and profitable fund placement services. Deposito Andara is a time deposit in Rupiah currency with attractive return and other benefits.


In line with Bank Andara’s mission to develop micro finance in Indonesia through MFI partners, thus every fund placement will play an important role to help accomplished it. Deposits funding will be disburse to MFI partners through credit loan, training program up to financial services technology development. A MFI with well establish and developing business surely will be able to serve more customers and expand its reach to bigger market especially low income people who unreached of financial services from commercial bank.  

Benefits of Bank Andara Deposit:

  • Secure with guarantee from LPS (Deposit Guaranteed Institution), as nominal and interest rate guarantee from LPS
  • Secure with support from group of big investors such as MercyCorps, IFC, The Hivos – Triodos Fonds, KFW, Cordaid and Developing World Markets (DWM)
  • Competitive interest rate makes your investment funds rapidly growing. Interest calculation based on actual days (1 year calculate as 365 days), plus additional benefits
  • Automatic Roll Over (ARO)
  • Additional services for MFI such as joint training or travelling sponsorship


Requirements:


1.    Individual

  • Minimum deposit of Rp 50.000.000 (Fifty million Rupiah)
  • Filling in deposit opening form 
  • Submitting supporting documents KTP/SIM/Passport & NPWP for Indonesia Citizens, or Passport & KIMS/KITAS for expatriate

2.   Institution

  • Minimum deposit of Rp 100.000.000 (One hundred million Rupiah)
  • Filling in deposit opening form
  • Submitting supporting form KTP/SIM/Passport & NPWP of authorized personnel also SIUP, NPWP, Deed of Establishment and its latest revision (compatible with type of institution)

3.   Deposit Program

  • Minimum deposit of Rp 10.000.000 (Ten million Rupiah)
  • Filling in deposit opening form
  • Submitting supporting form KTP/SIM/Passport & NPWP of authorized personnel also SIUP, NPWP, Deed of Establishment and its latest revision (compatible with type of institution)