The intense competition of fintech companies makes the process of borrowing money even faster. Some even provide a liquid 5-minute loan service, provided that the applicant has borrowed money before. So that the borrower's data is stored in the database of the fintech company and the funds are just given.
The ease of applying for a fast liquid loan in a matter of minutes is certainly a wind of heaven for people who are short of money. Payment options in the form of installments per day or every month, make it easier for consumers to pay off. The big number of online-loan fintech. via the web or direct liquid applications can make consumers confused about making choices.
Don't forget to be aware of illegal online loans that are not registered with the OJK and usually liquid money immediately without collateral and burdensome conditions, but the interest is very high.
The Koala team has summarized the best 2020 liquid 5-minute loan fintech and is registered with the OJK that you can consider.
1. Money Friends
Fintech borrows the first 5 minutes of cash, there is UangTeman, which offers unsecured cash and credit cards. UangTeman has been established in 2015 and offers direct cash loans online with ceilings ranging from Rp. 1 million to Rp. 8 million.Direct liquid personal online loans without the hassle of course have to be paid with loan interest. UangTeman charges an interest rate of 0.8% per day which will decrease on the next loan up to 0.75% per day. The loan tenor starts from 10 days to 30 days.
If the borrower meets all the requirements, the loan application process is relatively fast. One of the advantages of this loan that can be paid in installments, there is no penalty for early repayment. The interest calculation is only up to the day of repayment.
The following are the terms for unsecured online money loans and direct liquid conditions:
Indonesian citizen (WNI)
Have a KTP
Minimum age 21 years and maximum 55 years
Have a permanent job, until the status
The benefits of this 2020 loan money that can be paid in installments:
Fast and practical
Easy payment
KTA is safe
Interested in using this direct liquid online loan with KTP capital?
2. Online Loan Wise Fund
Are you looking for a 24-hour online loan that runs right away and only with a KTP? You can consider the Wesdam Fund fintech which offers easy requirements. Suitable for those of you who need a fast liquid loan in minutes.
The requirements for submitting a personal online loan product for the Wesdam Fund are as follows:
Indonesian Citizen (WNI)
Ages 21 to 55 years
Have a KTP or official identity
Domiciled in Jakarta, Bogor, Depok, Tangerang and Bekasi
Monthly income of IDR 2,500,000, evidenced by a salary slip
Have bank savings account in your name
Have a personal e-mail
The advantages of this fast liquid personal online loan:
24-hour online loan service
The loan period can be up to 30 days for new customers, while old customers can be up to 90 days
Old customers can get more benefits in the form of reduced service fees, longer borrowing times, and larger loan money.
3. TunaiKita
TunaiKita is a direct liquid online loan application because it offers a fast process through an application on a smartphone. You can download the TunaiKita application to apply for a loan. The number of funds that you can borrow starts from Rp. 1 million to Rp. 5 million with tenor options of 10 days to 30 days. The flowers are 0.8% per day.
When all data are fulfilled, TunaiKita will promise to disburse funds. This application will also verify via video when you submit the submission process.
The requirements for applying for a liquid 5-minute loan are as follows:
Indonesian Citizen (WNI)
Age 21-55 years
Have a KTP
Have a BNI, Mandiri, BRI, BCA, Permata, Danamon, or Mega account in your personal name
Domiciled in the service area
Personal contact details
Job information
The advantages of this loan that can be paid in installments:
Cost transparency
Security and privacy of customer data is guaranteed
Fast loan process
Various payment services
Customer Service Every Day
4. RupiahPlus
Still not satisfied with the online loan recommendation via the liquid direct website above? You can try the RupiahPlus (Rp Plus) application which offers fast loans without conditions through the application. Loans start from IDR 600,000 and IDR 1,500,000 with a loan period of 7 days or 14 days.
Even though the loan amount is not large, RupiahPlus offers an easy liquidation process. The money you submit can enter your account without waiting 24 hours. Unlike other online loans, RupiahPlus only provides two loan tenor options for 7 days or 14 days.
Direct liquid online loans with KTP capital have been widely used from 2018, 2019, to 2020. For delays of 1% for one week of delay) and 2% for two weeks of delay of the loan amount.
Requirements for applying for a fast liquid online loan:
Indonesian Citizen (WNI)
Minimum age 21 years
Have an active phone number
Have a steady income
Have a KTP
RupiahPlus advantages:
Easy and fast
Quality service
No guarantees
Trusted
Safe and confidential
Interested in applying for this 2020 liquid 5-minute loan?
5. Money Me
Direct liquid online loans with KTP 2020 capital, there is Money Me which has been registered with the OJK so that its safety is guaranteed. This fintech serves to lend in all regions in Indonesia, starting from IDR 400,000 to IDR 4,000,000 with a loan period of 91 days to 120 days.
Money Me loan interest ranges from 0.33% to 0.80% per day. For example, if you borrow Rp1 million for 91 days, then the monthly installments are Rp. 364,150 with a total return for 3 months of IDR 1,092,450.
The process of disbursing funds is a maximum of 2 days and the disbursement process uses a bank in the name of a user. So you cannot withdraw to other accounts. If for 2 days the funds have not been disbursed, you can apply for redemption via the UangMe application.
Requirements for applying for a liquid 5-minute loan:
Indonesian Citizen (WNI)
Minimum age 21 years and over
Have a KTP / passport
Excess Money Me:
Loans without collateral
Flexible loan terms
Supports various banks in Indonesia
The loan period is flexible
User safety and privacy is guaranteed
6. Julo
Unsecured online money loans and direct liquid conditions, then there is Julo, who offers a relatively low loan interest of 10% per month. This online loan application offers several products, namely:
Julo Mini: Rp.1,000,000 loan with 10% interest per month and a tenor of 30 days
Julo Installment: IDR 8,000,000 loan with interest of 1.5% -4% every month and a tenor of 3-6 months and a cashback of 2%!
Julo Agunan: credit option with collateral in the form of BPKB for car, motorcycle, certificate of house, apartment or, land.
If the loan has been approved, you must sign an electronic loan agreement and record a voice of approval in the application.
Terms of the 5 minute liquid Julo loan:
Minimum age 21 years
Domiciled in the Julo money loan service area
Have a steady income
Have a personal account.
The advantages of the 2020 Julo liquid 5-minute loan:
The High online loan limit up to IDR 8,000,000
The interest offered is relatively low, namely 0.1% / day
The Loan tenor of up to 6 months
There is cashback if you pay installments
7. Rupiah funds
Funds Rupiah offers multipurpose personal online loans that you can use for various purposes ranging from business capital loans, additional vacation costs, children's education costs, or other necessities such as new cellphone credit, or to pay installments. You can only apply for a loan through the application and you can download the application via the Google Play Store.
This hassle-free direct liquid online loan application uses the latest algorithmic technology so that the disbursement of money is relatively fast. The available loan amount starts from IDR 400,000 to IDR 8,000,000 with an interest rate: 0.8% per day and a loan tenor of more than 91 days. Meanwhile, the late fee is 1-2% per day of the loan amount.
The following are the conditions for borrowing 5 minutes of cash-cash:
Indonesian Citizen (WNI)
Ages 18 years and over
Have an Indonesian KTP
The advantages of a 5 minute liquid loan application:
No guarantees
Fast loan process
Loan limit up to IDR 8 million
Guaranteed privacy
Customer service every day
8. Akulaku KTA Kilat
Akulaku is a multi-finance fast liquid online loan. This fintech has just released a new product, namely KTA Kilat, which provides a maximum loan of IDR 2 million within 40 days. Flowers start at 1.5 percent.
This direct liquid online monthly loan is suitable for those of you who need fast bailout money and a small amount. Akulaku KTA Kilat claims to be able to withdraw funds in just 5 minutes and immediately disburse them to the borrower's account. The following are product variants from Akulaku, namely
KTA Kilat is an online cash loan immediately disbursed in 5-minutes
Akulaku Pay is a credit card-free installment for shopping at Bukalapak, Blibli, Shopee, and JD.id
Akulaku Kredit is a means of payment on credit by simply scanning the barcode at merchants that cooperate with Akulaku.
Terms of the 2020 KTP liquid direct online loan:
Indonesian citizen (WNI)
Minimum age 18 years to 60 years
Have a valid KTP
Fill out the loan application form on the Akulaku application
Benefits of a 2020 liquid 5 minute loan:
Easy requirements and no guarantees
Provides a variety of tenor options according to your needs
Fast defrosting process
Already registered with the OJK
Only with a KTP, money can be disbursed
9. Maucash
Fintech borrows 5-minutes of liquid, then there is Maucash, an application made by Astra that you can download on the Google Playstore. This application has been registered with the OJK as of October 2018 so that its security is guaranteed. There are various features of the Maucash online cash loan product:
The loan ceiling value starts from IDR 500,000-IDR 8,000,000
Installment loan tenor of 3-6 months
The Maximum annual interest rate is 125%
This 2020 KTP liquid direct online loan offers loan ceiling flexibility starting from IDR 5 million or IDR 10 million without collateral. One of Maucash's strengths is that it takes fast cash loans in minutes and funds are transferred to a bank account in real-time. If you don't have an account, you can withdraw Maucash loans at Maucash partner offices.
Terms of the online loan liquid without being complicated:
Indonesian Citizen (WNI)
Minimum age 21 years or at least 18 years and have been married up to 65 years
Have a based smartphone on Android
Domiciled in the Maucash service coverage area
Have an email
Have an income
Benefits of a 2020 liquid 5-minute loan:
The loan application process is easy
Flexible loan amount, tenor, and payment
Loans are liquid fast
Secure, the confidentiality of consumer data is guaranteed
10. Smart Credit Cash Loans
Smart Credit is a 24-hour direct liquid online loan application with a loan of IDR 2.3 million and a repayment period (tenor) of 3 months. You only need to prepare your KTP and don't need other guarantees such as BI checking or credit cards.
Smart Credit Cash Loans have three ceiling options with different tenors, starting from daily loans or monthly loans, namely:
Ceiling: IDR 600,000 28 days tenor
Ceiling: IDR 1.5 million 2 month tenor
Ceiling: Rp. 2.3 million. Tenor 3 months
The annual interest rate for Smart Credit Cash Loans is not more than 11%. Meanwhile, the initial service fee for borrowing money is 5% -15%, depending on the total amount of cash credit and the term of payment.
The following online loan requirements at Smart Credit:
Indonesian Citizen (WNI)
Age 18-55 years or minimum age 22, maximum 60 years
Have a valid KTP
Covering all parts of Indonesia
Have a Bank account in following KTP
Domiciled in Indonesia
The benefits of this 2020 loan money that can be paid in installments:
Fast and practical
Low interest and service fees
KTA is safe
Easy payment
24-hour customer service
11. Loans Go
Loans Go is also licensed by the OJK and offers online money lending with KTP requirements. The loan product has two tenors, namely 14 days and 21 days with a ceiling starting from Rp. 1.2 million to Rp. 6 million, the highest. For the first borrower, you can only apply for IDR 1.2 million and if the payment is on time, it will go up even further.
You can apply for a loan and it will take 15 to 20 minutes to complete the online form which has several short questions. Then you can wait for the decision whether the credit application is accepted or not.
After the loan is approved, the number of funds will be deducted by interest or service fees in advance and the borrower returns the agreed ceiling. For example, you borrow IDR 1.2 million and it is approved, but the funds that are disbursed to your account are IDR 1 million (not IDR 1.2 million). Furthermore, the return obligation that you must pay is IDR 1.2 million. The details are as follows:
The amount of funds borrowed is Rp1,200,000
Disbursement to customer accounts Rp. 1,079,880
Refund of IDR 1,200,000 when due
14 days tenor
Interest on Go Loans will be 0.8% per day or 11.12% for the loan period of 14 days.
You can download the Go Loan application on the Playstore. The requirements are as follows:
Have a KTP
Have a bank account
Mobile number is Fixed
Income is stable
12. Fast Installment Fund Finmas
The last 24 hour direct liquid online loan, there is Finmas which is owned by PT Oriente Mas Sejahtera and has been registered with the Financial Services Authority. This application has various advantages such as:
Easy online loan experience, no collateral, and no credit card. You only need to apply for a loan and then send your KTP in the Finmas application for verification
The loan funds approved from the application will be deposited to the bank after the loan application is approved
This liquid 5-minute loan application implements a tiering, tiered interest system, depending on the amount of the loan ceiling you submit. Here are some borrowing simulations at Fast Installment Funds Finmas:
The loan is IDR 200,000 to IDR 500,000 and has a tenor of 20 days
Loan of IDR 500,000
Interest (20 days) of IDR 50,000
Process fee: IDR 25,000
The amount to be returned is IDR 575,000
Total interest is 15% within 20 days or 0.75% per day
The loan is IDR 1,000,000 to IDR 1,500,000 and has a tenor of 30 days
Loan amounting to Rp1,000,000
Interest (20 days) of IDR 100,000
Process fee: IDR 50,000
The amount that must be returned by the customer is Rp1,150,000
Total interest is 15% within 30 days or 0.50% every day
Terms of the 5-minute liquid loan:
Indonesian Citizen (WNI)
Minimum age 21 years
Domiciled in Indonesia
Have a steady income
Those are the recommendations for a liquid 5-minute loan that you can consider. Now there are many fintech money loans online without collateral and conditions, which can be liquidated immediately with only a KTP. Hopefully, the list from Qoala above can help when you need loan funds.
