Simpanan Pelajar (SimPel) iB

Achieve success and aspirations by saving from an early age

SimPel iB, is a savings account for students aimed at education, financial inclusion, and fostering a culture of saving from an early age with easy and simple requirements, as well as attractive features.

Benefits

  • For Students
    • Financial education for students
    • Encourages a love for saving
    • Teaches financial management from an early age
  • For Parents
    • Provides education about financial products
    • Teaches children financial independence
    • Facilitates parents in controlling their children's finances
  • For Schools
    • Facilitates financial and banking education for students and teachers
    • Fosters a savings culture in schools
    • Provides an effective and efficient payment and financial management system within the school environment

Features

FEATURE DESCRIPTION

Currency

Rupiah

Contracts

  • Mudharabah muthlaqah

  • Wadiah yad dhamanah

Ownership Proof

Savings Book

Facilities

  • Debit/ATM Card with a maximum card type of silver or another type according to BCA Syariah's policy. ATM transaction features and limits follow BCA Syariah's regulations

  • Initial deposit of Rp35,000,- (thirty-five thousand rupiahs) is required to be eligible for the ATM card facility

  • Mobile banking facilities can be provided with the following conditions:

    • Minimum student grade: Junior High School or equivalent

    • Must have an ATM card

    • Other conditions follow the terms and conditions related to BCA Syariah Mobile facilities

Withdrawal Limit

Withdrawals above Rp500,000,- (five hundred thousand rupiahs) can be made at BCA Syariah branches

Dormant Conditions

  • Account is passive/inactive for 12 consecutive months

  • When in dormant status, the account is subject to an administration fee of Rp1,000,- (one thousand rupiahs) per month

  • If the account balance reaches less than Rp1,000,- (one thousand rupiahs), the system may automatically close the account with a closure fee equal to the remaining balance

Withdrawal, Deposit, and Transfer Procedures

Withdrawal, deposit, and transfer transactions can be conducted at all BCA Syariah branches and other channels according to the Bank's regulations.

  • For Pre-school/Kindergarten/Elementary School students or equivalent: Withdrawals are made by students with their parents.

  • For Junior High School/High School students or equivalent: Withdrawals can be made by the students themselves.

Account Maintenance

For maintenance of SimPel iB accounts such as adding facilities and closing accounts, approval from parents is required.

Customer Requirements

CRITERIA DESCRIPTION

Customer

  • Individual and Indonesian citizen
  • Students from Pre-school, Kindergarten, Elementary School, Junior High School, High School, Madrasah (MI, MTs, and MA), or equivalent
Age
  • Less than 17 years old and does not have an Electronic ID Card (E-KTP)

 

Document Requirements

STUDENT DOCUMENTS PARENT/GUARDIAN DOCUMENTS

Copy of Child's Identity (choose one):

  • Family Card (NIK)
  • Child Identity Card (KIA)

Copy of Parent/Guardian's Identity (choose one):

  • Electronic ID Card (E-KTP)
  • Passport

 

Costs

Description Amount (IDR)

Initial Deposit

Minimum 35,000 (to obtain Debit/ATM card)

Subsequent Deposits

Minimum 1,000

Minimum Balance

1,000

Dormant Fee

1,000

Monthly Administrative Fee

0

Account Opening Administrative Fee

0

ATM Card Fee

  • Issuance of a new card
  • Replacement of damaged/lost card

 

  • 30,000
  • 30,000

Account Closure Fee at Customer's Request

1,000

Passbook Replacement Fee

  • Pages run out
  • Damaged/lost

 

  • 0
  • 5,000

Important to Note

  • Profits are not fixed, subject to company conditions
  • The Customer's deposits are not guaranteed by the LPS if the total deposit balance (including margins) of the Customer at one Bank exceeds (equivalent to) Rp2 billion