SimPel iB Savings

Saving Early, Abundant Blessings

Sharia Savings for students

SimPel iB Saving

Easy Savings Designed for Students

Individual Sharia savings account specifically for students from Early Childhood Education (PAUD/TK/RA), Elementary (SD/MI), Junior High (SMP/MTs), to Senior High School (SMA/MA) or equivalent levels, with simple and easy requirements. Accounts can be opened through schools or our branch offices, featuring *Wadiah* and *Mudharabah Mutlaqah* contract options.

Convenient Savings Facilities

Equipped with a savings passbook and an optional ATM card to make transaction monitoring easier for the customer.

Deposit and Balance Requirements

Initial deposit of IDR 1,000, with a minimum balance of IDR 1,000. Subsequent minimum deposits are IDR 1,000, up to a maximum account balance of IDR 20,000,000.

Product Information, Fees, and Simulation

Product Information

Description

Value:: Mudharabah Mutlaqah and WadiahMudharabah Mutlaqah and Wadiah

Description	Value
Contract (Akad)Contract (Akad)	Mudharabah Mutlaqah and WadiahMudharabah Mutlaqah and Wadiah
Initial DepositInitial Deposit	IDR 1,000IDR 1,000
Minimum Subsequent DepositMinimum Subsequent Deposit	IDR 1,000IDR 1,000
Minimum Savings BalanceMinimum Savings Balance	IDR 1,000IDR 1,000
Maximum BalanceMaximum Balance	IDR 20,000,000IDR 20,000,000
ATM CardATM Card	Yes, upon requestYes, upon request
Cash Withdrawal at SchoolCash Withdrawal at School	Maximum IDR 500,000Maximum IDR 500,000
Dormant StatusDormant Status	No transactions for 12 consecutive monthsNo transactions for 12 consecutive months
Account OwnershipAccount Ownership	Each student is limited to 1 SimPel accountEach student is limited to 1 SimPel account

Registration Terms & Conditions

1

Must be a student at a Kindergarten, Elementary, Junior High, Senior High School, or equivalent level.

2

Student ID card or a school-issued student enrollment certificate.

3

Family Card (KK) or Child Identity Card (KIA).

4

Parent's or Guardian's Identity Card (KTP).

5

Exclusively intended for students.

6

Joint accounts are not permitted.

7

Each student is only allowed to hold one SimPel account.

Additional Information

Benefits, Risks, and Other Information

The account can be opened at any Bank Jakarta Branch by preparing the required documents. Please contact Bank Jakarta for collective account registration through schools.
Helps foster a saving habit and improve students' financial literacy, with no monthly administration fee and includes a passbook.
The profit-sharing ratio (nisbah) and indicative profit sharing may change in accordance with the Bank's policies, market conditions, Bank Indonesia, and LPS regulations. Changes to the nisbah may affect the amount of profit sharing received by customers.
This product complies with Sharia principles based on DSN-MUI Fatwa No. 02/DSN-MUI/IV/2000.
Withdrawal and deposit procedures follow the regulations of Bank Jakarta's Sharia Business Unit, and no stamp duty is charged for account opening.
Deposits are guaranteed by the Indonesia Deposit Insurance Corporation (LPS) up to a maximum of IDR 2 billion per customer per bank.
A 20% tax on profit sharing applies to accounts with an average balance exceeding IDR 7,500,000, in accordance with applicable regulations.
Information regarding fees, benefits, and risks may change in accordance with applicable regulations.
Accounts with a balance below IDR 1,000 may be closed automatically by the system, with the remaining balance deducted as the account closure fee.