The credit agreement is made as a basis for approval between the bank and colleagues regarding the terms and conditions of credit that peers take. Such approval shall be set forth in several documents signed by the parties concerned (the bank and its partners). Akad is usually done by sitting together in front of a bank notary partner or an authorized bank official. Read carefully the contents of the agreement such as the term, interest, late fee, penalty if settled early, whether there is blocked funds or not, as well as expenses incurred (fees, administrative fees, stamp duty, notary fees, appraisal fees). Depending on the conditions and rules of the bank, this loan contract is usually required to be present by a husband and wife, a guarantor (parent or sibling whose associates borrow their assets for guarantee), or with the heirs of the guaranteed asset (all heirs, if any 100 heirs too, all can be required to come). The credit agreement results will be forwarded to the bank admin section and inputted data so that it can be done immediately withdrawal of funds. For liquid funds collection accounts, banks usually require that colleagues have accounts that can be made in the bank's branch office before the credit agreement is made.
Funds that have been liquid to this account should be used as appropriate for the purpose of early and specific for business purposes. With this loan, the bank expects the peer business to grow and the profit is used partly to pay the installment. Looks complicated and takes a long time huh? Many who expect or assume the credit application process is a process that can be determined how long the maximum time until the end of the disbursement, for example 1 hour process, 1 day process, 3 days process, 2 weeks process. Regarding the bank process or sooner rely on the role of colleagues as well as prospective borrowers in completing the data requested by the bank. The more complete and fast in completing the data, the bank will also more quickly perform the process. Examples of some things that make credit processing longer. Regarding the matter, colleagues need not worry, because during the credit process, colleagues will be accompanied by an experienced Account Officer who will be helpful and can be contacted at any time. For credit applications, colleagues can begin preparing initial requirements, and the process will run by the Account Officer. Do not hesitate, rely on the bank for business progress.