Can foreigners apply for loans in Indonesia/Bali?


Yes but with numerous requirements, 


Non-Indonesian citizens can't take a loan from banks in Indonesia unless they have a residence permit/KITAS or KITAP


Even then, not every bank in Indonesia offers loan options for foreigners, and those which offer one, have different requirements and it might be subject to changes according to regulations from the Indonesian government.


Options to consider


Several banks in Indonesia that provide loans to foreigners include Commonwealth Bank and Permata Bank. To be eligible for a loan from Commonwealth Bank, foreigners must have a qualified job in the private sector and have been working for a minimum of 2 years.


Permata Bank also offers a loan program for foreigners who work as employees in Indonesia or are entrepreneurs. For employees, a minimum work experience of 2 years and a monthly income of at least 25 million IDR (approximately USD 1,500) are required. If you're an entrepreneur, you should have at least 4 years of experience in your business field.


For those interested in applying for loans through Permata Bank, several essential documents are required, including: 


  1. a copy of your KITAS or stay permit,
  2. a copy of your passport, and 
  3. a copy of your last 3 months' saving account statements.


For more information, feel free to contact us.




The loan requirements discussed in this article are intended for general informational purposes only and may change over time. Please note that eligibility criteria can vary based on individual circumstances, financial institutions, and regulatory updates. For the most accurate and up-to-date information, we strongly recommend contacting your bank directly or seeking advice from a qualified financial professional. While we strive to provide reliable information, this article should not be considered a substitute for personalized financial guidance. Changes in loan terms and eligibility criteria can occur without notice. Prior to making any financial decisions, ensure you verify information with your bank or consult a financial expert. We do not guarantee the accuracy or completeness of the information provided here.