Is Koinworks neo loan Legit? How to Apply, Review

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KoinWorks NEO is a pioneering Peer-to-Peer (P2P) lending fintech platform in Indonesia, registered and supervised by OJK (Otoritas Jasa Keuangan).

It offers a wide range of financial services, including cash loans, invoice financing, employee loans, gold investments, bonds, and more.

Today, we will explore the various aspects of KoinWorks NEO loan, its benefits, how to apply, and its legitimacy.

Koinworks NEO Loan Interest Rate

KoinWorks NEO offers business capital loans for MSMEs (Micro, Small, and Medium Enterprises) with attractive interest rates.

The interest rates may vary based on factors such as the loan amount, tenor, and financial profile of the business. For instance, the monthly interest rate can range from 0.75% to 1.67% (equivalent to a yearly rate of 9% to 20%).

It’s essential for potential borrowers to note that interest rates can change over time, so they should verify the interest rate of any loan offer before accepting it. Let’s take a look at an example to understand how the interest is calculated:

Loan Simulation:

  • Monthly loan interest: (Amount / Tenor) x Plafon
  • (0.09 / 12) x IDR 10,000,000 = IDR 75,000
  • Loan Amount + Interest: Plafon + Interest
  • IDR 10,000,000 + IDR 75,000 = IDR 10,075,000
  • Monthly Installment: (Plafon + Interest) / Tenor
  • IDR 10,075,000 / 12 = IDR 839,583.33 per month
  • Plafon Received After Cost Reduction: Plafon – (Plafon x Origination) – (Admin) – (Insurance)
  • IDR 10,000,000 – IDR 75,000 – IDR 150,000 – IDR 10,000 = IDR 9,765,000 after fees

Koinworks NEO Loan Requirements

For MSMEs in Indonesia seeking loans from KoinWorks NEO, certain requirements need to be fulfilled. These include:

  • Being a minimum of 18 years old
  • Providing proof of a stable source of income
  • Holding an active bank account

How to Apply for Koinworks NEO Loan

Applying for a KoinWorks NEO loan is a straightforward process. Interested individuals can follow these steps:

  1. Visit the official KoinWorks NEO website or download the app from a trusted source.
  2. Register an account by providing the required information and completing the verification process.
  3. Submit the necessary documents and information for loan evaluation.
  4. Await loan approval and disbursement, which can be expedited if the business’s financial profile is healthy.

Koinworks NEO App Download

To access KoinWorks NEO’s financial services on the go, users can download the official app from the authorized app stores. Just search for KoinWorks NEO and click on install.

It’s essential to avoid downloading loan apps from unofficial sources, as they might pose security risks.

How to Contact Koinworks NEO Customer Care

For any queries or support, users can contact KoinWorks NEO customer care through the following channels:

  • WhatsApp: +6281703972888
  • Email:

Alternatively, users can also reach out to KoinWorks NEO customer care within the app itself.

Is Koinworks NEO Legit?

KoinWorks NEO is a legitimate financial platform registered and supervised by OJK. However, it’s crucial to remember that companies can change over time, and users should exercise due diligence when dealing with any financial institution.

Individuals should carefully assess their needs and the terms of the loans before proceeding.


KoinWorks NEO loan provides an excellent opportunity for MSMEs in Indonesia to access business capital and unlock financial growth.

With low interest rates and a wide range of services, it aims to support and empower businesses on their journey to success.

As with any financial decision, potential borrowers should always review the terms and conditions thoroughly and verify the interest rates to make informed choices.

With the convenience of the KoinWorks NEO app and reliable customer care, users can confidently explore the financial solutions offered by this platform.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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