Everyday money
How Indonesia’s LPS bank deposit protection works
Understand Indonesia’s LPS limit per depositor per bank, the 3T eligibility tests and why the current insured-interest ceiling matters.
English edition. Official forms and source documents may be in Indonesian.
QUICK ANSWER
How much of my bank deposit does LPS guarantee?
LPS guarantees eligible deposits up to Rp2 billion per depositor per bank. Eligibility follows the 3T test: recorded in the bank’s books, interest not above the LPS guarantee rate, and the depositor not suspected or proven to have committed fraud. From 1 October 2026 to 31 January 2027 the guarantee rate at commercial banks is 3.75% for rupiah and 2.00% for foreign currency (PENG-7/DSPB/2026).
See 3 official references ↓Open the official service ↗lps.go.id
Guide contents
What you need to check LPS deposit protection
- Deposit or savings product name, bank, balance and written interest rate.
- Account evidence and identity details if asking LPS about a failed-bank claim.
How to check LPS deposit protection
Identify the product
Confirm money is a recorded bank deposit, rather than an investment merely sold through a bank.
Apply the per-bank limit
Combine a person’s accounts at the same bank; the limit is not per account.
Check the current rate ceiling
Compare the offered return with LPS’s latest insured-interest announcement.
Keep records
Retain account statements, terms and bank correspondence in case eligibility is reviewed.
Costs and guarantee limits
There is no charge for the automatic protection of eligible bank deposits. The Rp2 billion limit applies per depositor per bank. Commercial-bank guarantee rates for 1 October 2026–31 January 2027: 3.75% (rupiah) and 2.00% (foreign currency); LPS sets them three times a year (January, May and September) and reviews them monthly.
Check current requirements, availability and charges through the official reference ↗ before applying or paying.
What 3T means
Recorded means the depositor’s details and deposits appear in the bank’s books; keep every transaction record. The interest received must not exceed the LPS guarantee rate. The depositor must also not be suspected or proven to have committed fraud (a banking crime).
The Rp2 billion figure does not insure every financial product. Mutual funds, shares and insurance sold through a bank are not automatically protected as bank deposits.
If a bank fails
Protection does not imply instant access to cash. LPS reconciles and verifies records before determining claims that are payable. Use its own channels for status and objections.
A deposit offer with an unusually high rate deserves a direct comparison with the current LPS ceiling before money is placed.
Things to check carefully
- The limit is per depositor per bank, not per account.
- A return above the guarantee ceiling can make a deposit ineligible.
- A bank’s brand does not turn an investment product into an insured deposit.
Frequently asked questions
Does each account at the same bank have a Rp2 billion limit?
No. The limit applies to the combined position of one depositor at one bank.
What is the LPS guarantee rate now?
From 1 October 2026 to 31 January 2027, 3.75% for rupiah deposits and 2.00% for foreign-currency deposits at commercial banks (PENG-7/DSPB/2026, set on 29 September 2026). Deposits paying more than that are not guaranteed.
Sources and review
Editorial review of public information: . This is not a review by an agency officer or a professional adviser. Reviewed by Kaiser Khan, publisher of Panduan Warga. Official document titles are retained below.
- LPS: syarat simpanan yang dijamin (3T) ↗lps.go.id · Accessed 1 October 2026
- LPS: PENG-7/DSPB/2026 tingkat bunga penjaminan bank umum 1 Oktober 2026–31 Januari 2027 ↗lps.go.id · Accessed 1 October 2026
- LPS: informasi resmi penjaminan simpanan ↗lps.go.id · Accessed 1 October 2026
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