Maybank Finance
PT Maybank Indonesia Finance is an OJK-licensed Indonesian multifinance company providing vehicle financing for retail and business customers via new and used car, fleet, heavy equipment, Sharia, and BMW/MINI premium products, distributed through branches, the MyAkses mobile app, and parent Maybank bank cross-selling.
- Company typePrivate
- Founded1991
- HeadquartersJakarta, Indonesia
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Maybank Finance does
PT Maybank Indonesia Finance (Maybank Finance) is an OJK-licensed Indonesian multifinance company and wholly-owned subsidiary of Malayan Banking Berhad (Maybank), one of the largest banking groups in Southeast Asia. Founded in 1991 and headquartered in Jakarta Pusat, the company provides vehicle and asset-based financing to Indonesian retail and business customers. Its product portfolio spans new and used car financing, Multiguna (multi-purpose) loans collateralized against vehicle BPKB, fleet and Car Ownership Program (COP) financing for commercial clients, heavy equipment and machinery financing, Sharia-compliant Murabahah financing, and premium vehicle financing operated under BMW Financial Services and MINI Financial Services sub-brands.
Distribution combines a nationwide branch network with digital channels including the MyAkses mobile application on iOS and Android, a corporate website with car-loan simulation tools, and an online reservation system for branch appointments. The company exploits intra-group synergies through the Kredit Kepemilikan Mobil (KPM) product, which uses the parent Maybank bank's branch footprint to cross-sell to existing bank customers and enables expedited one-business-day approval on document completion. Embedded OEM financing partnerships with BMW Financial Services and MINI Financial Services extend reach into premium vehicle buyers, while the Sharia product addresses Muslim customers seeking riba-free finance.
The business model is interest-spread driven: revenue is generated through interest income on conventional vehicle financing, margins on Sharia Murabahah contracts, and transaction-based income on asset-backed lending. Effective August 1, 2026 new-car interest rates range from 0% promotional on short tenors (with 50% down payment) to 5.18% on 84-month tenors, with Multiguna capped at Rp.500 million. The customer base spans individual retail buyers, existing Maybank bank customers (KPM), fleet operators (COP), heavy equipment buyers, and Sharia-focused borrowers; no individual customer concentration data is disclosed.
Maybank Finance firmographics
Firmographics- Name
- Maybank Finance
- Legal name
- PT Maybank Indonesia Finance
- Website
- https://maybankfinance.co.id
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- PT Maybank Indonesia Finance is an OJK-licensed Indonesian multifinance company providing vehicle financing for retail and business customers via new and used car, fleet, heavy equipment, Sharia, and BMW/MINI premium products, distributed through branches, the MyAkses mobile app, and parent Maybank bank cross-selling.
- Ownership category
- akta.pro rank
Where Maybank Finance is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Maybank Finance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Vehicle Financing Interest Income: Maybank Finance generates revenue primarily through interest income on vehicle financing loans. This includes new car loans, used car loans, fleet financing, and commercial vehicle financing. Interest rates vary by tenor and product type, ranging from 0% promotional rates to standard rates of 1.98%-6.18% per annum.
- Sharia Financing Margin: Sharia-compliant financing using Murabahah (cost-plus financing) structure. Revenue generated through margin charged on financing, with rates equivalent to conventional interest rates.
- Multiguna Financing: Collateral-backed personal financing using vehicle BPKB (registration certificate) as collateral. Provides funds for various personal needs with interest rates starting from 5.88% and maximum financing of Rp. 500 million.
- Premium Brand Financing (BMW/MINI): Specialized financing services for BMW and MINI vehicles through partnerships with BMW Financial Services and MINI Financial Services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | New Car Financing Interest Rates by Tenor |
| Unit Pricing | Monthly | Multiguna (Multi-purpose) Financing |
| Unit Pricing | Monthly | BMW Financing Options |
| Unit Pricing | Monthly | Sharia Financing (Murabahah) Margin Rates |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels8 records
Maybank Finance product offering
Product offeringCore offering
Maybank Finance (PT Maybank Indonesia Finance) is an Indonesian multifinance company providing vehicle and asset financing solutions to individual and business customers. Its core offerings include new car financing, used car financing, multipurpose collateral-backed financing, fleet financing, heavy equipment and machinery financing, Sharia-compliant (Murabahah) financing, and specialized premium vehicle financing for BMW and MINI. The company distributes these products through a nationwide branch network, a mobile application (MyAkses), an online reservation system, and partnerships with Maybank bank branches.
Product overview
Maybank Finance (PT Maybank Indonesia Finance) is a comprehensive vehicle financing company regulated by Otoritas Jasa Keuangan (OJK), offering a diverse portfolio of financing products. The core product suite includes new car financing (Pembiayaan Mobil Baru), used car financing (Pembiayaan Mobil Bekas), multipurpose financing (Pembiayaan Multiguna), fleet financing (Pembiayaan Fleet), heavy equipment & machinery financing (Pembiayaan Alat Berat & Mesin), car ownership credit (Kredit Kepemilikan Mobil), and Sharia-compliant financing (Pembiayaan Syariah). The company also operates specialized sub-brands for premium vehicles including BMW Financial Services and MINI Financial Services. Supporting digital infrastructure includes the MyAkses mobile application for loan management and online reservation services for branch appointments.
Differentiator
Problem solved
Functional benefit
Brands
- MyAkses: Mobile application for customer access to financing information, installment tracking, payment status, and loan management
- BMW Financial Services
- MINI Financial Services
Quantifiable outcome
- 1 working day approval for Maybank customers after complete document submission
- +1 more outcomes
Companies that use Maybank Finance
Customer profileSegments6 records
Ideal customer profiles6 records
Maybank Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Maybank Finance partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Otoritas Jasa Keuangan (OJK)coreRegulatory partnership with Indonesia's Financial Services Authority. Maybank Finance operates under OJK authorization and supervision as a licensed multi-finance company. The company displays OJK certification as part of its regulatory compliance and financial inclusion commitment.
- LAPS SJKminorFinancial inclusion partnership with LAPS SJK (Lembaga Afiliasi Penghimpun Sender Jaya Kota), an organization supporting financial literacy and inclusion initiatives.
- BMW Financial ServicescoreOfficial BMW Financial Services partner in Indonesia. Maybank Finance provides BMW vehicle financing as the local partner for BMW Financial Services. Offers specialized products including 0% interest for 12 months option and up to 84 months tenor. Features online calculator and quick loan approval tools.
- MINI Financial ServicescoreOfficial MINI Financial Services partner in Indonesia. Maybank Finance provides MINI vehicle financing as the local partner for MINI Financial Services, extending the MINI tradition of performance and quality with customized financing options.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Maybank Finance competitors and assessment
Company assessmentDirect peers
- Adira Finance: One of Indonesia's largest multifinance companies, providing vehicle, motorcycle and durable goods financing. Directly comparable to Maybank Finance as a national non-bank consumer/SME lender with a similar product mix.
- FIF Group (Federal International Finance): Indonesia's largest multifinance company (Astra Group), focused heavily on motorcycle and car financing. Directly comparable given similar nationwide consumer vehicle financing model.
- BRI Finance: Multifinance subsidiary of Bank Rakyat Indonesia (BRI), offering consumer and vehicle financing. Comparable as another large bank-affiliated Indonesian multifinance competitor.
- BCA Finance: Multifinance subsidiary of Bank Central Asia (BCA), offering new and used car financing in Indonesia. Highly comparable as a bank-affiliated vehicle financing peer with similar products.
- WOM Finance: Indonesian multifinance company with focus on motorcycle, car and multipurpose financing. Comparable as a non-bank consumer/SME lender with similar product categories.
- Astra Credit Companies (ACC): Astra Group's vehicle financing arm offering new and used car, fleet and Sharia financing. Comparable as a major Indonesian auto finance specialist with overlapping OEM relationships.
- Mandiri Tunas Finance: Multifinance company affiliated with Bank Mandiri, focused on vehicle financing and consumer credit. Direct peer given similar bank-affiliated multifinance model and vehicle-heavy product mix.
Broad incumbents
- Bank Maybank Indonesia: Parent banking entity providing consumer and SME credit in Indonesia. Comparable as the broader incumbent that cross-sells into Maybank Finance via KPM and provides funding/brand support.
Emerging players
- Toyota Astra Financial Services: Captive financing joint venture for Toyota and Daihatsu vehicles in Indonesia. Comparable as an OEM-tied vehicle financing competitor, though narrower in brand coverage than Maybank Finance's BMW/MINI partnership.
Regional players
- Orico Indonesia: Consumer finance arm of a Japanese group active in Indonesia, offering auto and consumer credit. Comparable as a foreign-affiliated consumer finance peer with overlapping vehicle financing offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Maybank Finance social profiles
Digital presenceMaybank Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maybank Finance leadership team
Management profileNumber of profiles
Maybank Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maybank 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 Maybank Finance
What does Maybank Finance do?
Maybank Finance (PT Maybank Indonesia Finance) is an Indonesian multifinance company providing vehicle and asset financing solutions to individual and business customers. Its core offerings include new car financing, used car financing, multipurpose collateral-backed financing, fleet financing, heavy equipment and machinery financing, Sharia-compliant (Murabahah) financing, and specialized premium vehicle financing for BMW and MINI. The company distributes these products through a nationwide branch network, a mobile application (MyAkses), an online reservation system, and partnerships with Maybank bank branches.
Is Maybank Finance a public or private company?
Maybank Finance is a private company. It is classified as corporate owned and is currently operating.
When was Maybank Finance founded?
Maybank Finance was founded in 1991. It employs 501 to 1,000 people.
Where is Maybank Finance based?
Maybank Finance is headquartered in Jakarta, Indonesia, in the Asia region.
How does Maybank Finance make money?
Four revenue lines are on record. Vehicle Financing Interest Income is the primary driver. The others are sharia Financing Margin, multiguna Financing and premium Brand Financing (BMW/MINI).
Who are Maybank Finance's main competitors?
Direct peers on record are Adira Finance, FIF Group (Federal International Finance), BRI Finance, BCA Finance, WOM Finance, Astra Credit Companies (ACC) and Mandiri Tunas Finance. Bank Maybank Indonesia is listed as a broad incumbent. Toyota Astra Financial Services is listed as an emerging player. Orico Indonesia is listed as a regional player.
Does Maybank Finance have an API?
No public API is recorded for Maybank Finance.