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.
LPS protects eligible bank deposits up to Rp2 billion per depositor per bank. Payment eligibility is assessed under 3T: the deposit is recorded by the bank, the return does not exceed the applicable guarantee interest ceiling, and the depositor has not harmed the bank. Check the current interest ceiling before accepting a deposit offer.
See 2 official references ↓Open the official service ↗lps.go.id
Guide contents
What to prepare
- Deposit or savings product name, bank, balance and written interest rate.
- Account evidence and identity details if asking LPS about a failed-bank claim.
Steps you can follow
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 timing
There is no separate application fee for automatic protection of eligible bank deposits. The Rp2 billion limit applies per depositor per bank; the interest ceiling can change and must be checked with LPS.
Check current requirements, availability and charges through the official reference ↗ before applying or paying.
What 3T means
The deposit must appear in the bank’s records, its return must not exceed the current guarantee interest rate, and the customer must not have taken actions that harm the bank.
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 guaranteed interest rate today?
It is reset periodically. Check LPS’s latest announcement rather than an old article.
Sources and review
Editorial review of public information: . This is not a review by an agency officer or a professional adviser. Official document titles are retained below.
- LPS: program penjaminan dan syarat 3T ↗lps.go.id · Accessed 23 September 2026
- LPS: informasi resmi penjaminan simpanan ↗lps.go.id · Accessed 23 September 2026
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