Jakarta, August 2, 2025 — Good news in the month of independence! PT Bank Tabungan Negara (Persero) Tbk (BTN) is celebrating the 80th anniversary of the Republic of Indonesia by launching the “Program Merdeka”, a comprehensive housing loan package that allows people to buy and renovate homes.
This program represents BTN’s real support for the government’s National Priority Program, namely the Three Million Housing Program of President Prabowo Subianto. The goal is to expand access to decent and affordable housing for all Indonesians.
BTN Director of Consumer Banking, Hirwandi Gafar, emphasized that BTN wants this independence moment to truly give meaning to the word “freedom” for the public—not only freedom from colonialism, but also freedom from high costs and high interest rates when trying to own or improve a home.
“We understand that true independence is not only marked by a nation’s freedom, but also by the independence of its citizens in fulfilling basic needs, one of which is owning a decent home. The presence of this program is expected to accelerate people’s ability to own their dream homes, whether by purchasing or renovating,” said Hirwandi in Jakarta, Saturday (2/8).
BTN’s Program Merdeka is available from August 1 to August 31, 2025. BTN offers three services: KPR Merdeka (Home Ownership Credit), KAR Merdeka (Home Collateral Loan), and KPR Take Over Merdeka.
Through KPR Merdeka, people can enjoy very low interest rates starting from 2.65% fixed for three years, along with discounts of up to 80% on provision and administration fees. This promotion can be accessed through all BTN branches or the BTN Call Center at 1500286.
Not only for purchasing new homes, BTN also presents KAR Merdeka. This program is a home-collateral financing solution that can be used to renovate a house, finance children’s education, or even fund a family vacation. Under this program, BTN waives provision and administration fees. For existing customers, the application only requires the last three months of salary slips.
Most interestingly, BTN also offers a special program called KPR Take Over Merdeka. This is a solution for people who want to transfer their mortgage to BTN to enjoy much lighter interest rates. With interest starting from 3.5% fixed for three years or 4.5% fixed for five years, free provision and administration fees, and cashback for appraisal fees, this program becomes a strong attraction for those who want to restructure their mortgage payments more healthily.
Hirwandi added that BTN believes a house is not just a building but a foundation for the future worth striving for, a place where the character and intelligence of Indonesian people are shaped. According to him, a house is not only a residence but also an asset whose value continues to increase and becomes an investment for the future.
“With Program Merdeka, BTN aims to present a concrete and real solution amid people’s needs because owning a home is no longer a distant dream, but a real step that can start today,” said Hirwandi.
Visit BTN now to achieve your dreams and hopes, because life is not just about today!
