CommBank PayLater Installment Simulation
CommBank PayLater Installment Simulation
CommBank PayLater Installment Simulation
When you activate the CommBank PayLater facility, you can enjoy a credit limit of IDR1,000,000 to finance your purchases over several different transactions, wherever the Commonwealth Bank
debit card is accepted.
CommBank PayLater facility installments will be billed 3 times on the applicable billing date based on
your transaction. See FAQ for more details regarding billing date and conditions.
For an illustration of your CommBank PayLater installments, see the table below:
| CommBank PayLater Transaction Simulation | |||
| Total transaction Installment in 3 months |
Transaction 1 October 17th |
Transaction 2 October 20th |
Transaction 3 November 7th |
|
IDR90,000 IDR30,000 |
IDR120,000 IDR40,000 |
IDR300,000 IDR100,000 |
|
| Installment Simulation | |||
| Billing Print Date | Billing 20 October | Billing 20 November | Billing 20 December |
| Transaction 1 | IDR30,000 (1/3) | IDR30,000 (2/3) | IDR30,000 (3/3) |
| Transaction 2 | IDR40,000 (1/3) | IDR40,000 (2/3) | IDR40,000 (3/3) |
| Transaction 3 | IDR100,000 (1/3) | IDR100,000 (2/3) | |
| Monthly Fee | IDR19,000 | IDR19,000 | IDR19,000 |
| Total
Billed (Every 28th) |
IDR89,000 | IDR189,000 | IDR189,000 |
Product Risk
- Late installment payments of CommBank KTA facilities can have a negative impact on your credit collectability in accordance with the provisions of Bank Indonesia (BI) and / or the Financial Services Authority (OJK) and will be recorded in the Sistem Layanan Informasi Keuangan (SLIK), which can affect application of your credit facilities that are being or will be submitted by you to Bank Commonwealth or other financial institutions.
- Bank Commonwealth will collect the arrears of CommBank KTA facility, including using any services of other parties to collect, or take legal action if necessary.
