Early Settlement Procedure

Procedural Flow

Follow this workflow to apply for early settlement, up through BPKB collection process after payment verification.

1

Application Submission

Debtor submits early settlement request to PT Clemont Finance Indonesia team and specifies intended payoff date.

2

Payoff Amount Calculation

Clemont Finance Indonesia team reviews system to calculate final early settlement amount and informs debtor of total figure.

3

Settlement Confirmation

Debtor receives payoff details and provides formal confirmation to proceed with early settlement process.

4

Payment Execution

Debtor processes early settlement payment via bank transfer to designated account of PT Clemont Finance Indonesia.

5

Payment Verification

Debtor submits proof of transfer to PT Clemont Finance Indonesia, and corporate team will verify received transaction.

6

BPKB Release Preparation

Once payment is fully verified and matches calculated settlement amount, internal administrative process for BPKB release will begin.

7

BPKB Collection

BPKB can be collected at earliest on H+1 after payment has been formally received and verified.

Processed by Consumer

  • Original consumer ID Card (KTP)
  • Proof of bank transfer to CFI account

Authorized Representative

  • Original ID Card (KTP/SIM) of consumer and authorized representative
  • Power of Attorney with IDR 10,000 duty stamp
  • Proof of bank transfer to CFI account (for non-cash payments)

Important Notes

  • Process can only be executed during office operational hours.
  • Checking early settlement estimation prior to making payment is highly recommended.