CICIL is a Financial Technology platform registered and supervised by OJK (Financial Services Authority) with a mission to provide higher education financing solutions and responsible purchases of necessities for Indonesian students.

EASY REQUIREMENTS
Indonesian Citizen
Active students (D3, S1, S2, S3)
Have a KTP (Identity Card)
Have a KTM (Student Identity Card)

4 EASY STEPS TO APPLYING A LOAN
1. Register as a user
2. Complete the profile according to the product you need
3. Apply for a Loan
4. Pay installments on time

SERVICE ADVANTAGE
- Licensed and supervised by OJK (Financial Services Authority) and incorporated in AFPI (Indonesian Joint Funding Fintech Association)
- Flexible loan term of up to 24 months for goods installments and 36 months for tuition installments
- Average financing margin 1.5% - 3% flat per month (~ minimum APR 30% - maximum APR 81% for 12 months financing after taking into account all costs including financing margin fees, platform fees and transaction fees)
- Safe, reliable and fulfills commitment to consumer protection

PRODUCT SERVICE

Installment Tuition Fee
Loans for financing the entry fee and UKT (Single Tuition Fee)
• Financing nominal starting from IDR 1,000,000 to IDR 30,000,000
• Financing period from 2 months to 36 months
• Average financing fee rate of 1.5% - 2.7% flat / month covering all costs
• Protected by AXA insurance if the guarantor or parents experience death, accident and hospitalization

Simulation of CICIL Tuition Fee financing:
If the proposed tuition fee is IDR 5,000,000 and a down payment of IDR 1,000,000 and the chosen installment period is 12 months, then the financing margin rate charged is 1.65% flat per month. The monthly installment payment is IDR 399,346 and the total payment is IDR 5,792,152.

Installment Items
Loans for the purchase of student needs
• Nominal financing Rp250,000 to Rp4,000,000
• Financing period from 2 months to 24 months
• Average financing fee rate of 2% - 3% flat / month covering all costs

CICIL Goods financing simulation:
If the price of the proposed item is IDR 2,500,000, a down payment of IDR 500,000 and the chosen installment period is 12 months, then the financing margin rate charged is 2.14% flat per month. The monthly installment payment is Rp222,301 and the total payment is Rp2,667,606.

SECURITY GUARANTEE
PT. CICIL SOLUSI MITRA TEKNOLOGI is an information technology-based loan service provider company registered and under supervision by the Financial Services Authority (OJK) with registration number S-5101/NB.111/2017 in accordance with the Law of the Republic of Indonesia and Financial Services Authority Regulation number 77/ POJK.01/2016. CICIL is also an active member and is subject to the organizer's code of ethics drawn up by the Indonesian Joint Funding Fintech Association.

All user data of PT. CICIL SOLUSI MITRA TEKNOLOGI is encrypted and stored in a data center located in Indonesia which can only be accessed by authorized parties. For more details you can visit the page; User Terms and Privacy Policy.

For further information, please contact our Customer Service at:
• Email: [email protected]
• Facebook: Cicil.co.id
• Instagram: @cicil.co.id
• Twitter: @cicilcoid
Operational Address : Level 23 - Penthouse Plaza Merein, Jalan Jendral Sudirman Kav. 76 - 78, City of South Jakarta, Special Capital Region of Jakarta 12910