PT Bank Syariah Indonesia Tbk continues to strengthen automotive financing, one of its efforts to enhance penetration is through the Indonesia International Motor Show Hybrid (IIMS) event in 2021.

Director of Retail Banking of Bank Syariah Indonesia Kokok Alun Akbar said that BSI expects its participation in the IIMS Hybrid 2021 to revive the automotive industry sector and with the relaxation of Luxury Goods sales tax (PPnBM) will support national economic growth.

"BSI Oto financing is one of the new energies that people can use to own a vehicle at a special price offered," he said in Jakarta, Friday (16/4).

In IIMS 2021, BSI offers various attractive promos for visitors who buy vehicles through BSI Oto financing, such as free PPnBM, free down payments, free provision fees, and a free 75% administration fee.

"BSI Oto financing is expected to make it easier for people to own vehicles according to sharia principles, as well as encourage the growth of the national automotive and manufacturing industry," he explained.

BSI Oto is one of the Indonesian Sharia Bank services for purchasing motorbikes and cars with a murabahah agreement or buying and selling with sharia principles. BSI offers various promos with a low margin starting at 2.98 percent flat and a financing period of up to seven years.

Apart from passing the IIMS Hybrid 2021, BSI also offers the BSI Oto Special 2021 program, valid from March 3 to June 30, 2021.

This program makes it easy for people to get automotive financing by offering a fast and easy application process, free of appraisal fees, zero percent down payments, and free PPnBM (for vehicles under 1,500 cc).

This promo is valid in all Sharia Bank Indonesia offices and has collaborated with more than 13 thousand authorized dealers who have covered all regions from Aceh to Papua.