Is Koinworks neo loan Legit? How to Apply, Review

The first Peer-to-Peer (P2P) lending fintech platform in Indonesia is called KoinWorks NEO. It is authorized 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.

Interest Rate for a Koinworks NEO Loan

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:

Simulated Loan:

Monthly interest on a loan: Plafon x (Amount / Tenor)

IDR 75,000 is equal to 0.09 / 12 × 10,000,000 IDR.

Plafon + Interest = Loan Amount + Interest

10,000,000 plus 50,000 equals 10,075,000.

Monthly Installment: Tenor x Plafon plus 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

NEO Loan Requirements for Koinworks

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 a Loan from Koinworks NEO

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.

Download the Koinworks NEO app

Users can download the official app from the recognized app stores to use KoinWorks NEO’s financial services while 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 Reach Customer Service at Koinworks NEO

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

+1 628 17 03 97 28 8

Message me at

Users can also get in touch with KoinWorks NEO customer service from within the app.

Koinworks NEO: Is It 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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