Publication

Maximum Limit of Economic Benefits for Online Lending



OJK announced the adjusted interest rate or economic benefit limits for Fintech Peer-to-Peer Lending (Fintech P2PL), commonly known as Online Lending (Pindar). The adjustments consider economic conditions, increased financial access for underserved communities outside the non-P2PL industry, encouragement of productive sector and MSME financing, and enhanced financial performance and efficiency of  Fintech P2PL platform.