Frequently Asked Questions

Find quick answers for questions you need help with.

What is KoinPintar?

KoinPintar is an affordable educational loan with low interest rates. KoinPintar endeavors to provide easy access for you to have quality education that can be paid in installments.

Which institutions are supported by KoinPintar?

There are two. First, the formal institution that includes tuition fees for every semester or full payment until graduate. Second, the non-formal institution that includes language course, training, certification, and others.

How much time does it take for KoinPintar to be approved and disbursed?

If you have filled out the online form completely, included all the required documents, the approval process will take a maximum of 2 working days. Then, our team will review your application to decide whether your loan application is approved or not. If it is approved, your loan will be funded by Lenders and will be disbursed directly to the account of the relevant educational institution for a maximum of 2 working days.

What is a term loan provided by KoinPintar?

KoinPintar provides loan term from 6 months to 24 months.

Is there another fee needed?

Yes, there is an administration fee with the amount of 150.000 and approval process fee depends on time period.

Which institutions that cannot be provided by KoinPintar?

For now, KoinPintar is not yet provided education loan for elementary, junior, senior high school and diploma. However, in the near future we will try to provide loan for those certain level of education.

How much loan can I borrow?

The amount of loan will be adjusted with your application and you can pay all of your loan completely until graduated.

Why do I need to pay down payment?

Down Payment can be interpreted as your commitment when you apply for loan.

Which institution are registered on KoinPintar?

For now, KoinPintar has collaborated with formal and informal institutions. For formal institution, BINUS Online Learning has been registered in KoinPintar, you can take your undergraduate and postgraduate education. For informal institution, there are several registered institution from various industries such as Technology Information, Beauty, Creativity and Language course. If your desired institutions are unavailable, you can register it.

Can I apply for overseas education loan with KoinPintar?

At this time, KoinPintar is only available for you who domiciled in the island of Java and institutions that place in the island of Java. However, in the near future we will try to expand the reach of it.

Why do I need a guarantor loan?

A guarantor will be evidence that ensures you can pay your loan.

Can I still apply for loan without a guarantor?

Sorry, you cannot do it.

What if the institution that I apply is not registered yet, can I still submit my application loan?

You can register the institution first, then KoinWorks will verify it to determine whether your loan can be processed or not.

If my loan application is declined, can I apply again?

Yes, you can re-apply for a loan after 3 months after you were declined.

Can I top up my loan?

you cannot get a top-up if you still have an existing loan.

Can I pay all of my loan early?

Yes you can, and there is no extra charge.

What is DEKADE?

DEKADE (Dana Edukasi Masa Depan) is the latest alternative funding program from KoinWorks that makes it easy for Borrowers to apply for an education loan that can be paid in installments for up to 10 years. DEKADE (Dana Edukasi Masa Depan) is expected to be able to help the young generation who want to continue their education to higher education and prepare themselves to face global competition then realize their dreams.