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EMI Calculator Indonesia

Work out your monthly loan instalment in IDR, see the total interest, and compare it against rates Indonesia banks actually publish.

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Interest
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FAQ

How is EMI calculated?

EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.

What's a safe EMI-to-salary ratio?

Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.

Longer tenure = lower EMI?

Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.

Loan interest rates in Indonesia

Buzdy tracks 12 banks in Indonesia with 343 branches across 82 cities. EMI results on this page are shown in IDR. The rates below are the ones those banks publish — use them in the calculator instead of a guess.

12 banks
343 branches
82 cities
317 ATMs
Currency IDR

Credit card interest rates in Indonesia

CardBankInterest rateAnnual feeInterest-free days
Mastercard Platinum bank cimb niaga 2.08% per month
BRI JCB Platinum bank rakyat indonesia 2.08% per month
Mandiri Traveloka bank mandiri 2.08% per month
BCA Singapore Visa Signature bank central asia 2.08% per month
digibank Live Fresh DBS Bank 2.08% per month
PermataBlack World Mastercard permata bank 2.08% per month

Relevant if you convert a card purchase into monthly instalments. 6 cards with a published rate.

Worked example — repaying IDR 1,000,000 of card balance over 5 years in Indonesia

Balance
IDR 1,000,000
Rate used
2.08% per month (≈24.96% a year)
Tenure
60 months
Monthly EMI
IDR 29,328
Total interest
IDR 759,673

Rate taken from Mastercard Platinum (bank cimb niaga) — the lowest published credit card rate we hold for Indonesia. Buzdy does not yet hold personal loan rates for Indonesia, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.

Banks we track in Indonesia

Keep going in Indonesia

Guides for Indonesia

Indonesia — frequently asked questions

What does IDR 1,000,000 on a credit card cost per month in Indonesia?

At 24.96% a year over 60 months the instalment works out at about IDR 29,328, or IDR 759,673 of interest in total. That rate comes from Mastercard Platinum by bank cimb niaga, the lowest published credit card rate Buzdy holds for Indonesia. We do not yet hold personal loan rates for Indonesia — bank loan rates are usually well below card rates.

What interest rate do credit cards charge in Indonesia?

Across the 6 cards with a published rate in Indonesia, quoted rates run from 2.08% per month to 2.08% per month. Card interest only applies if you carry a balance past the interest-free period.

Where can I apply for a loan in Indonesia?

Buzdy maps 343 bank branches in Indonesia across 82 cities. Open the branch directory to find the nearest one to you.

How is EMI calculated?

EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.