Late fee provisions for KoinGaji products are divided based on the payment method used, namely lumpsum and installment.

Lumpsum payment method:

Late interest is 2% of the total loan, with the following conditions:

2% X TOTAL LOAN : 30 (Days)

Installment payment method:

Late interest is 6% of the total loan, with the following conditions:

6% X Remaining Outstanding

(Beyond the grace period, which is seven days from the due date)

Late Fee Payment Mechanism:

Late fees will be borne by the company where the borrower works.

However, if the borrower is no longer working at the company and there is still a bill remaining, it will be billed personally.