Product
BPR Deposit
Time deposit products issued by partner BPRs and aggregated by Fazza Loop inside the Fazza app.
Rate
up to 8% p.a.
Based on each BPR’s offer in the app.
Minimum placement
Rp100,000
An accessible way to start building a savings habit.
Tenor
Flexible
Tenor options follow each BPR’s offers.
Guarantee
LPS
Partner BPRs are LPS guarantee program members.
Transparency
Know your BPR before you place funds
Every deposit offer in the app shows the bank’s profile openly, so your decision is always an informed one:
- The BPR’s name, location, and business licence decision number
- The date the BPR started operating
- Summarised financial statements: assets, liabilities, equity, and loan-to-deposit ratio
- The rate, tenor, and minimum placement of every offer
Features
Manage placements effortlessly
Automatic Roll Over (ARO)
Automatic renewal at maturity. The roll over status can be changed any time until 14 days before the due date.
Real-time tracking
Principal, accrued interest, return date, and estimated total return are always visible in the app.
Complete history
Every placement has a deposit ID and a traceable activity log.
Terms
Placement requirements
- Indonesian citizen, at least 17 years old, holding a valid e-KTP.
- Completed registration and identity verification (e-KYC) in the Fazza app.
- Minimum placement of Rp100,000 per deposit.
- Deposit interest is subject to final income tax under applicable regulations.
- The LPS guarantee applies subject to the program’s terms, including a maximum of Rp2,000,000,000 per customer per bank and rates not exceeding the prevailing LPS guarantee rate.
- Full terms are set out in the Terms & Conditions(available in Bahasa Indonesia).
Deposit products offered through Fazza Loop are issued by partner Rural Banks (BPR), not by Fazza Loop or PT Xfers Indonesia Teknologi. As an aggregator of financial products and/or services, Fazza Loop is not responsible for claims and risks related to products and/or services issued by financial services institutions. Deposits placed with BPRs are guaranteed by the Indonesia Deposit Insurance Corporation (LPS) subject to the applicable guarantee program.
