Business & work
KUR 2026: Indonesia’s People’s Business Credit schemes, interest rates, limits, requirements and applying without a broker
Indonesia’s 2026 KUR loans under Permenko 1/2026: 3% for super micro, 6% for micro and small, limits up to Rp500 million and no extra collateral up to Rp100m.
English edition. Official forms and source documents may be in Indonesian.
QUICK ANSWER
What are the KUR interest rates and limits in 2026, what do I need, and how do I apply safely?
KUR (Kredit Usaha Rakyat, People’s Business Credit) in 2026 is governed by Coordinating Minister for Economic Affairs Regulation (Permenko) 1/2026, in force since 13 January 2026: super micro KUR of up to Rp10 million carries 3% effective interest a year, while micro KUR (over Rp10 million up to Rp100 million) and small KUR (over Rp100 million up to Rp500 million) carry 6% effective a year for production and export-oriented trade. For trade that is not export-oriented, the rate rises by 1% with each new loan agreement, and micro KUR is limited to 2 agreements. The basic requirements are a productive business running for at least 6 months, an NIB or business certificate and an electronic ID card; for loans of up to Rp100 million, lenders may not ask for additional collateral.
See 2 official references ↓Read Permenko 1/2026 on KUR ↗peraturan.bpk.go.id
Guide contents
What to have ready
- An electronic ID card (KTP-el) or a certificate showing one is being made.
- An NIB from OSS, or a micro and small business certificate from an authorised official.
- A tax number (NPWP), which for residents is the NIK once activated as an NPWP, if you apply for micro KUR over Rp50 million or any small KUR.
- Business records for at least the last 6 months: sales, spending and photos of your business premises.
- A plan for the money, whether working capital or investment, and an estimate of the monthly instalment you can afford.
- A list of your current loans; check your credit history first through OJK’s iDeb SLIK.
How to apply for KUR
Choose the right type of KUR
Super micro KUR covers loans of up to Rp10 million, micro KUR over Rp10 million up to Rp100 million, and small KUR over Rp100 million up to Rp500 million. There is also placement KUR for Indonesian Migrant Workers (PMI) of up to Rp100 million to pay for the process of going to work abroad.
Check the requirements and your credit history
The business must be productive, have run for at least 6 months and have annual turnover of no more than Rp4.8 billion. The lender will check your credit history in OJK’s SLIK. Civil servants and members of the armed forces and police cannot receive KUR unless they have retired or are on pre-retirement leave.
Prepare documents and a business plan
Bring your KTP-el, NIB or business certificate, NPWP if needed, and your business records. Explain what the money is for and where the repayments will come from.
Apply directly to a KUR lender
Go to the office or official channel of a financial institution or cooperative that distributes KUR. The lender assesses your business and enters borrower data into SIKP (the Programme Credit Information System) run by the Ministry of Finance; you do not register with SIKP yourself.
Read the agreement before signing
Check the loan amount, interest, term, repayment schedule, grace period and collateral. The amount you receive must match the amount in the agreement. Ask for a written repayment schedule.
Repay on time and ask for restructuring if you struggle
If your business runs into trouble, ask the lender for restructuring, such as a longer term, before you fall behind. Borrowers of more than Rp100 million must be members of BPJS Ketenagakerjaan, the workers’ social security scheme, while they hold the loan.
KUR interest and costs in 2026
KUR is a loan, so you repay the principal and interest set in the agreement. Permenko 1/2026 states rates as effective annual interest: 3% for super micro KUR; 6% for micro and small KUR in production or export-oriented trade; for trade that is not export-oriented, micro KUR is 6% for the first agreement and 7% for the second, while small KUR is 6%, 7%, 8% and 9% for the first to fourth agreements. Placement KUR for migrant workers is 6%. Lenders may use an equivalent flat or annuity rate. The government pays lenders the interest difference, and the KUR credit guarantee fee is part of that subsidy.
| KUR type | Limit per agreement | Effective annual interest | Maximum term | Limit on agreements |
|---|---|---|---|---|
| Super micro | Up to Rp10,000,000 | 3% | Working capital 3 years, investment 5 years | No limit |
| Micro, production or export-oriented trade | Over Rp10,000,000 up to Rp100,000,000 | 6% | Working capital 3 years, investment 5 years | No limit |
| Micro, trade not export-oriented | Over Rp10,000,000 up to Rp100,000,000 | 6% first agreement, 7% second | Working capital 3 years, investment 5 years | At most 2 agreements |
| Small, production or export-oriented trade | Over Rp100,000,000 up to Rp500,000,000 | 6% | Working capital 4 years, investment 5 years | No limit |
| Small, trade not export-oriented | Over Rp100,000,000 up to Rp500,000,000 | 6%, 7%, 8%, then 9% for the first to fourth agreements; 9% at most | Working capital 4 years, investment 5 years | No limit on agreements, but total drawdowns of at most Rp500,000,000 including micro KUR |
| Placement for Indonesian Migrant Workers | Up to Rp100,000,000 | 6% | The length of the work or apprenticeship contract, 3 years at most | Once |
Flat interest is calculated on the original principal, while effective interest is calculated on the remaining balance, so a flat rate looks lower for the same cost. Compare offers by total repayments. Permenko 1/2026 does not regulate arrangement or administration fees; ask for a breakdown before signing. If a lender demands additional collateral for KUR of up to Rp100 million, the Permenko says the interest subsidy for that borrower is not paid to the lender.
Who can get KUR
KUR borrowers are micro and small businesses, business groups, and prospective Indonesian Migrant Workers including prospective apprentices abroad. Micro and small scale is measured by turnover of no more than Rp4.8 billion in the previous year or estimated for the current year, which can be checked against tax returns or the lender’s own assessment (Permenko 1/2026, Article 3).
KUR can be used for productive businesses in any sector, but priority goes to production sectors such as farming, fisheries, manufacturing, construction, tourism and production services. Super micro KUR is also aimed at businesses run by laid-off workers, homemakers and first-time entrepreneurs.
A business that has run for less than 6 months can still apply for super micro KUR if the owner joins a mentoring scheme or entrepreneurship training, belongs to a business group, or has a family member with a productive business. Laid-off workers can apply for micro KUR once their business has run for at least 3 months and they have completed entrepreneurship training.
Documents and credit history
For super micro, micro and small KUR you need an NIB or a micro and small business certificate from an authorised official, and an NIK shown on a KTP-el or a certificate that one is being made. An NPWP is required for micro KUR over Rp50 million and for all small KUR.
In principle, applicants should not have had commercial credit before. You can still apply, however, if your credit history consists only of household consumer credit, ultra-micro credit of up to Rp20 million, or loans from online lenders or digital finance companies. KUR can also be granted while you are repaying a mortgage, a motorbike loan for business use, a loan secured on a pension decree or a credit card, as long as repayments are up to date.
Borrowers of more than Rp100 million must be active members of BPJS Ketenagakerjaan while they hold the loan; for loans of up to Rp100 million membership is voluntary (Article 6).
Collateral: what lenders may ask for
KUR collateral consists of primary collateral, which is the business or item financed by the loan, and additional collateral. For KUR of up to Rp100 million, lenders may not require any additional collateral beyond the primary collateral (Article 20(1)). If a lender does, the interest subsidy for that borrower is not paid, or must be returned to the state treasury if already received (Article 21).
For loans over Rp100 million, lenders may ask for additional collateral in the form of tangible or intangible assets, including intellectual property such as a registered trademark. Exceptions apply to smallholder sugarcane farmers and special agricultural KUR backed by an offtaker partner acting as guarantor.
How to apply and what SIKP does
KUR lenders are financial institutions or cooperatives that have been appointed and work with a credit guarantee or credit insurance company. They may lend through linkage partners such as cooperatives, rural banks, finance companies or licensed online lenders; the interest, limits and terms still follow the KUR rules. We do not recommend any particular lender; ask financial institutions near you whether they offer KUR.
KUR lending is based on data in SIKP, the Ministry of Finance system that records prospective and actual programme-credit borrowers. Applicant data are uploaded by lenders, technical ministries or regional governments. Before deciding, the lender checks your eligibility through OJK’s SLIK or another licensed credit-scoring source.
If you have a problem with a lender, such as being asked for additional collateral on a loan of up to Rp100 million, complain to the lender in writing first. If it is not resolved, financial service providers supervised by OJK can be reported through OJK’s consumer complaint channels.
Beware of fake KUR offers and illegal lenders
KUR is applied for directly with an official lender. Be wary of WhatsApp messages, social media adverts or people who claim they can get your KUR approved for a fee, ask for an upfront disbursement fee, ask you to transfer money to a personal account, or ask for your OTP codes and PIN.
If an offer comes from a lending app or website, check its licence in OJK’s official directory (FIND) before sending any data; our guide to checking online lenders explains how. Suspicious investment or lending offers can be reported to OJK’s SIPASTI.
Things to check carefully
- Responding to ‘fast KUR’ offers on WhatsApp or social media that ask for an upfront fee or a transfer to a personal account.
- Treating flat and effective interest rates as if they were the same. Compare total repayments, not just the percentage.
- Handing over a land certificate or vehicle ownership book (BPKB) as additional collateral for KUR of up to Rp100 million.
- Using KUR money for household spending. KUR is meant for productive business, and the instalments still have to be paid.
- Assuming micro KUR for an ordinary trading business can be renewed indefinitely. For trade that is not export-oriented, micro KUR is limited to 2 agreements, with 7% interest on the second.
- Not telling the lender about other loans. Your credit history is visible in SLIK anyway.
Frequently asked questions
What is the KUR interest rate in 2026?
3% effective a year for super micro KUR and 6% for micro and small KUR in production or export-oriented trade. For trade that is not export-oriented, micro KUR is 6% and then 7% on the second agreement, and small KUR rises by 1% with each agreement up to 9% at most (Permenko 1/2026).
How much can I borrow under KUR in 2026?
Super micro KUR up to Rp10 million, micro KUR over Rp10 million up to Rp100 million, small KUR over Rp100 million up to Rp500 million per agreement, and placement KUR for migrant workers up to Rp100 million. The amount approved still depends on the lender’s assessment.
Does KUR of up to Rp100 million need collateral?
No additional collateral is needed. For loans of up to Rp100 million, the lender may not ask for collateral beyond the business or item financed by the KUR (Permenko 1/2026, Article 20(1)).
What are the KUR requirements in 2026?
A productive business that has run for at least 6 months, an NIB or business certificate, a KTP-el and annual turnover of no more than Rp4.8 billion. An NPWP is needed for micro KUR over Rp50 million and for small KUR. Serving civil servants, soldiers and police officers are not eligible.
Can I take out KUR more than once?
Yes, within limits. Super micro KUR, and micro and small KUR for production or export, have no limit on the number of agreements. For trade that is not export-oriented, micro KUR is limited to 2 agreements, and small KUR to total drawdowns of Rp500 million including micro KUR.
My business has only been running for 3 months. Can I get KUR?
Possibly, through super micro KUR, if you join mentoring or entrepreneurship training, belong to a business group, or have a family member with a productive business. Laid-off workers whose business has run for at least 3 months and who have completed entrepreneurship training can apply for micro KUR.
I have an online loan, a credit card or a motorbike loan. Can I still apply for KUR?
Yes, as long as your repayments are up to date. Permenko 1/2026 excludes online loans, household consumer credit and ultra-micro credit of up to Rp20 million from the ‘no previous commercial credit’ rule, and allows KUR alongside a mortgage, a business-use motorbike loan or a credit card in good standing.
Where do I apply for KUR, and what is SIKP?
Apply directly to a financial institution or cooperative that distributes KUR. SIKP is a Ministry of Finance system that records prospective and actual programme-credit borrowers; its data are entered by lenders and government agencies, not by applicants.
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.
- JDIH BPK: Permenko Perekonomian Nomor 1 Tahun 2026 tentang Pedoman Pelaksanaan Kredit Usaha Rakyat ↗peraturan.bpk.go.id · Accessed 14 October 2026
- Kemenko Perekonomian: Konsolidasi Kredit Program Pemerintah 2026 (siaran pers, 27 Januari 2026) ↗www.ekon.go.id · Accessed 14 October 2026
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