BCA Finance
PT BCA Finance is an Indonesian vehicle financing company (multifinance) and wholly-owned subsidiary of BCA (Bank Central Asia) that provides installment financing for new cars, used cars, motorcycles, commercial vehicles, and BPKB-backed refinancing to individual and business customers across Indonesia.
- Company typePrivate
- Founded1981
- HeadquartersJakarta, Indonesia
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What BCA Finance does
PT BCA Finance is an Indonesian vehicle financing company (multifinance) and a wholly-owned subsidiary of BCA (Bank Central Asia), one of Indonesia's largest banks. Founded in 1981 and operating from Jakarta, the company holds assets exceeding Rp 10 trillion and is ranked among the Top 20 Multifinance institutions in Indonesia, licensed and supervised by OJK. In 2024, BCA Finance completed a merger with BCA Multi Finance, consolidating four-wheel and two-wheel vehicle financing under a single entity.
BCA Finance generates revenue through installment-based vehicle financing across five core products: new car (Mobil Baru), used car (Mobil Bekas), commercial vehicle (Mobil Komersial), motorcycle (Motor), and vehicle refinancing (Dana Tunai via BPKB). Revenue streams include interest charges, administrative fees, insurance commissions on bundled coverage (comprehensive, TLO, Credit Protection, Total Loss Protection, Car Protection), late payment penalties, and early termination fees. Interest rates range from 3% flat per annum for new cars up to 25% for motorcycles, with specialty structures like Fix and Cap (dual-period rates) and Mini for Max (8-year tenor) expanding affordability. Pricing is publicly disclosed and varies by vehicle type, tenor, and customer profile.
The company's go-to-market combines an omnichannel distribution network: a branch network across 100+ Indonesian cities, dealer partnerships with major automotive brands, a self-service FinA mobile application, and event-driven channels such as the BCA Finance Motor Festival. Marketing spans corporate website, social media (@mybcaf, TikTok, YouTube, LinkedIn), the Astari WhatsApp chatbot, and a customer call center (Halo BCA 1500888). Partnerships with KlikGarasi.com (digital used car marketplace) and Maspion Square Surabaya (Bursa Mobil BCA Finance physical showroom) extend offline and online funnel access.
BCA Finance firmographics
Firmographics- Name
- BCA Finance
- Legal name
- PT BCA Finance
- Website
- https://bcafinance.co.id
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- PT BCA Finance is an Indonesian vehicle financing company (multifinance) and wholly-owned subsidiary of BCA (Bank Central Asia) that provides installment financing for new cars, used cars, motorcycles, commercial vehicles, and BPKB-backed refinancing to individual and business customers across Indonesia.
- Ownership category
- akta.pro rank
BCA Finance industry classification
Industry- Product category
- Vehicle Financing
- NAICS
- Sales Financing (522220), Nondepository Credit Intermediation (5222)
- SIC
- Short-Term Business Credit Institutions (6153), Personal Credit Institutions (6141)
- akta.pro primary industry
- Fleet & Commercial Vehicle Finance (FSAKADAE)
Keywords
Where BCA Finance is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices2 records
Markets served
BCA Finance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Vehicle Financing Installments: BCA Finance generates revenue primarily from financing vehicle purchases (cars and motorcycles) through installment plans. Revenue comes from interest charges, administrative fees, insurance premiums, and other processing fees bundled into the financing packages.
- Vehicle Refinancing (Dana Tunai): Cash loan service using vehicle BPKB as collateral. Customers receive cash while the vehicle registration is held as security. Revenue generated from interest rates and processing fees.
- Insurance Products: Bundled insurance products including comprehensive vehicle insurance, TLO (Total Loss Only), credit protection, and car protection warranty. Insurance fees are collected as part of the financing package.
- Late Payment and Penalty Fees: Late payment penalties charged to customers who miss installment deadlines (0.4% per day for cars, 0.5% per day for motorcycles). Early termination penalties of 5-10% of remaining principal.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | New Car Financing - Interest rates from 3% to 5.75% flat p.a. |
| Subscription | Monthly | Used Car Financing - Interest rates from 7.75% to 8% |
| Subscription | Monthly | Premium Used Car Financing - Interest rates from 5.75% to 6.75% |
| Subscription | Monthly | Family Type Used Car Financing - Interest rates from 6.25% to 7.5% |
| Subscription | Monthly | Commercial Vehicle Financing - Interest rates from 7.28% to 9.18% |
| Subscription | Monthly | Motorcycle Financing - Interest rates from 12% to 25% per year |
| Subscription | Monthly | Mini for Max - 8-year tenor program with low installments |
| Subscription | Monthly | Fix and Cap - 5-6 year dual rate financing |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels10 records
BCA Finance product offering
Product offeringCore offering
BCA Finance is an Indonesia-based multifinance company that provides installment-based vehicle financing for new cars, used cars, commercial vehicles, and motorcycles. It also offers vehicle refinancing (Dana Tunai) loans using vehicle registration certificates (BPKB) as collateral, complemented by bundled insurance products and digital self-service through the FinA mobile application.
Product overview
BCA Finance operates as a vehicle financing company (multifinance) in Indonesia, offering a comprehensive portfolio of financing products centered on automotive loans. The core offerings include new car financing (Mobil Baru), used car financing (Mobil Bekas), commercial vehicle financing (Mobil Komersial), motorcycle financing (Motor), and cash loans via vehicle refinancing (Pinjaman Dana/Dana Tunai). These are supported by digital platforms including the FinA mobile application and credit simulation tools. Specialized financing structures such as Fix and Cap (dual-period interest) and Mini for Max (8-year extended tenor) provide flexible payment options. Insurance add-ons include Credit Protection (CP), Total Loss Protection (TLP), and Car Protection (CPR). The company also operates promotional events like the Motor Festival and maintains customer service capabilities through Astari/AVA virtual agent.
Differentiator
Problem solved
Functional benefit
Brands
- FinA: Mobile application for BCA Finance customers to manage loans, payments, and services
- Klik Garasi
- BCA Finance - Layanan Pembiayaan Sepeda Motor
- BCA Finance - Layanan Mobil
Products and services
- Mobil Baru (New Car Financing)
Quantifiable outcome
- Interest rate reduction to 4% for 5-year new car financing (special promotional rate)
- +3 more outcomes
Companies that use BCA Finance
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
BCA Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
BCA Finance partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Maspion Square SurabayacoreBursa Mobil BCA Finance operates a used car showroom partnership at Maspion Square Surabaya Lantai 2. The showroom offers 300+ used car units from partner showrooms with on-site BCA Finance financing services. Open daily until 9 PM WIB.
- KlikGarasi.comcoreDigital marketplace partnership for used car listings. BCA Finance redirects customers to KlikGarasi.com for browsing and purchasing used vehicles with financing options. KlikGarasi is featured on BCA Finance's main website and promotional materials.
- Automotive Dealers (Toyota, Honda, Daihatsu, Suzuki, Mitsubishi, Mazda, Nissan, Hyundai, Wuling)corePartnership network with authorized dealers of major automotive brands. BCA Finance provides financing services at dealer locations for new vehicle purchases. Dealers refer customers to BCA Finance for loan processing.
- Insurance ProviderscorePartnerships with insurance companies to provide bundled vehicle insurance products including comprehensive, TLO (Total Loss Only), credit protection (CP), Total Loss Protection (TLP), and Car Protection (CPR) warranty programs.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
BCA Finance competitors and assessment
Company assessmentDirect peers
- OTO Multiartha: Indonesian multifinance focused on new and used car financing with strong dealer relationships. Directly competes with BCA Finance in passenger vehicle financing.
- Adira Finance: One of Indonesia's largest multifinance companies, offering new and used car, motorcycle, and commercial vehicle financing. Directly comparable to BCA Finance in product mix, customer base (Indonesian consumers), and distribution model.
- FIF Group (Federal International Finance): Astra Group's multifinance arm offering motorcycle, car, and commercial financing across Indonesia. Directly competes with BCA Finance in auto financing and shares similar dealer partnership distribution.
- Astra Credit Companies (ACC): Astra Group's car financing specialist, with deep Toyota and Honda dealer integration. Directly comparable to BCA Finance on new car financing products and dealer-driven distribution.
- WOM Finance: Indonesian multifinance company providing car and motorcycle financing, refinancing, and consumer credit. Directly competes with BCA Finance in used car and motorcycle financing segments.
- Bussan Auto Finance (BAF): Yamaha-aligned Indonesian multifinance specializing in motorcycle financing. Directly comparable to BCA Finance's motorcycle financing segment and dealer partnership model.
- Mandiri Tunas Finance: Multifinance joint venture between Bank Mandiri and Tunas Group, offering vehicle financing. Directly competes with BCA Finance with similar bank-affiliated capital and distribution.
- Maybank Finance Indonesia: Bank-backed multifinance offering vehicle and consumer financing in Indonesia. Comparable to BCA Finance on bank-affiliated financing model and product mix.
- BRI Multifinance Indonesia: Multifinance subsidiary of Bank Rakyat Indonesia, offering consumer and vehicle financing. Comparable to BCA Finance as another major bank-affiliated multifinance competing for similar customers.
Broad incumbents
- Bank BCA (Parent Company): BCA Finance's parent bank and one of Indonesia's largest private banks. While BCA itself is a commercial bank rather than a multifinance, the relationship shapes BCA Finance's funding, customer base, and brand — and BCA offers its own vehicle loan products that compete with BCA Finance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
BCA Finance social profiles
Digital presenceBCA Finance compliance and trust
Trust signalCompliance3 records
BCA Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
BCA Finance leadership team
Management profileNumber of profiles
BCA Finance subsidiaries and ownership
Company hierarchySubsidiaries2 records
BCA Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BCA Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BCA Finance
What does BCA Finance do?
BCA Finance is an Indonesia-based multifinance company that provides installment-based vehicle financing for new cars, used cars, commercial vehicles, and motorcycles. It also offers vehicle refinancing (Dana Tunai) loans using vehicle registration certificates (BPKB) as collateral, complemented by bundled insurance products and digital self-service through the FinA mobile application.
Is BCA Finance a public or private company?
BCA Finance is a private company. It is classified as corporate owned and is currently operating.
When was BCA Finance founded?
BCA Finance was founded in 1981. It employs 1,001 to 5,000 people.
Where is BCA Finance based?
BCA Finance is headquartered in Jakarta, Indonesia, in the Asia region.
How does BCA Finance make money?
Four revenue lines are on record. Vehicle Financing Installments are the primary driver. The others are vehicle Refinancing (Dana Tunai), insurance Products and late Payment and Penalty Fees.
Who are BCA Finance's main competitors?
Direct peers on record are OTO Multiartha, Adira Finance, FIF Group (Federal International Finance), Astra Credit Companies (ACC), WOM Finance, Bussan Auto Finance (BAF), Mandiri Tunas Finance, Maybank Finance Indonesia and BRI Multifinance Indonesia. Bank BCA (Parent Company) is listed as a broad incumbent.
Does BCA Finance have an API?
No public API is recorded for BCA Finance.
What industry is BCA Finance in?
BCA Finance's product category is Vehicle Financing. Its primary akta.pro industry code is FSAKADAE, Fleet & Commercial Vehicle Finance. Its NAICS code is 522220 and its SIC code is 6153.