Is Koinworks neo loan Legit?  Download Apk

The first Peer-to-Peer (P2P) lending fintech platform in Indonesia is called KoinWorks NEO. It is authorised and regulated by OJK (Otoritas Jasa Keuangan).

It provides a variety of financial services, such as bonds, invoice financing, employee loans, gold investments, and cash loans.

Today, we’ll look at the numerous facets of the KoinWorks NEO loan, including its advantages, application process, and validity.

Koinworks NEO Loan Interest Rate

KoinWorks NEO provides MSMEs (Micro, Small, and Medium Enterprises) with business capital loans at competitive interest rates.

The loan amount, term, and financial profile of the company are just a few examples of variables that may affect interest rates. For example, the monthly interest rate can vary from 0.75% to 1.67% (corresponding to a 9% to 20% annual rate).

Potential borrowers should be aware that interest rates are subject to change at any time, therefore they should always double check the interest rate on any loan offer before accepting it. To better understand how the interest is computed, let’s look at an example:

Loan Simulation:

  • (Amount / Tenor) x Plafon (0.09 / 12) x IDR 10,000,000 = IDR 75,000 is the interest paid on a monthly loan.
  • Sum borrowed plus interest Interest + Plafon
  • 10,000,000 plus 50,000 equals 10,075,000.
  • Installments each month: Tenor = (Plafon + Interest)
  • 10,075,000 IDR / 12 = 839,583.33 IDR each month
  • After Cost Reduction, Plafon Was Received: Plafon – (Admin) – (Plafon x Origination) – (Insurance)
  • After fees, IDR 10,000,000 = IDR 9,765,000 – IDR 75,000 – IDR 150,000 – IDR 10,000

Koinworks NEO Loan Requirements

There are specific conditions that must be met for MSMEs in Indonesia to be eligible for loans from KoinWorks NEO. These consist of:

  • Being at least 18 years old
  • Demonstrating a reliable source of revenue
  • Maintaining a current bank account

How to Apply for Koinworks NEO Loan

The process of applying for a KoinWorks NEO loan is simple. Those that are interested can take the following actions:

  • Obtain the app from a reliable source or go to the official KoinWorks NEO website.
  • By supplying the necessary data and completing the verification process, you can create an account.
  • Send in the required paperwork and details so that the loan can be evaluated.
  • Wait for loan approval and payment, which can happen faster if the company’s financial situation is solid.

Koinworks NEO App Download

Users can download the official app from the recognised app stores to use KoinWorks NEO’s financial services when they are on the move. Simply perform a search for KoinWorks NEO and select install.

Avoid installing loan apps from unreliable sites because they could be dangerous for your security.

How to Contact Koinworks NEO Customer Care

Users can reach KoinWorks NEO customer service through the following methods for questions or support:

Email: WhatsApp: +6281703972888Users can also get in touch with KoinWorks NEO customer service from within the app. because they could be a security risk.

Is Koinworks NEO Legit?

A genuine financial platform, KoinWorks NEO is one that OJK has registered and is in charge of. Nevertheless, it’s important to keep in mind that businesses might change over time, so customers should use caution when dealing with any financial institution.

Before proceeding, people should thoroughly evaluate their needs and the loan terms.


MSMEs in Indonesia have a great chance to obtain company funding and spur financial growth thanks to the KoinWorks NEO loan.

It seeks to support and empower businesses on their path to success by offering cheap interest rates and a variety of services.

Potential borrowers should always carefully read the terms and conditions and double-check the interest rates before making any financial decisions to ensure they are well-informed.

Users can confidently explore the financial solutions provided by this platform thanks to the simplicity of the KoinWorks NEO app and dependable customer support.

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