In order to maintain payment order and ensure that the entire financing process runs according to the agreement, Mitsui Leasing Capital Indonesia applies penalty provisions for consumers who do not fulfill their obligations on schedule or make early repayments.
The following is an explanation of the types and calculations of applicable fines:
1. Fines on Installments
This fine is imposed if the consumer is late in making installment payments according to the specified due date.
- Amount of fine: 0.2% of the amount of overdue installments per day of lateness.
2. Contract Termination Penalty (Early Repayment)
This fine is imposed if the consumer makes early termination before the contract period ends.
- Amount of fine: 5% of the outstanding principal at the time of repayment.