tiktok���˰�

The Digital Loan Agreement serves as the primary contractual framework for online lending transactions in Indonesia's growing digital financial services sector. It is designed to comply with Indonesian Financial Services Authority (OJK) regulations, particularly OJK Regulation No. 77/POJK.01/2016 on peer-to-peer lending services, and Law No. 11 of 2008 on Electronic Information and Transactions. This agreement is essential for fintech companies, banks, and financial institutions offering digital lending services, providing legal protection while ensuring compliance with electronic transaction requirements, data protection laws, and consumer protection regulations. The document addresses key aspects such as digital execution, online disbursement mechanisms, electronic payment systems, and platform-based loan management, making it suitable for both consumer and business lending in the digital space.

1. Parties: Identification of the lender and borrower, including complete legal names, addresses, and registration details

2. Background: Context of the agreement, nature of the digital lending relationship, and platform through which the loan is facilitated

3. Definitions: Definitions of key terms used throughout the agreement, including technical and financial terms

4. Loan Details: Specific terms of the loan including principal amount, interest rate, tenure, and repayment schedule

5. Disbursement Terms: Conditions precedent for loan disbursement and the disbursement process

6. Repayment Terms: Detailed repayment obligations, payment methods, and prepayment provisions

7. Interest and Fees: Calculation and application of interest, late payment penalties, and other applicable fees

8. Representations and Warranties: Statements of fact and assurances from both parties regarding their capacity and authority

9. Borrower Obligations: Specific duties and responsibilities of the borrower during the loan term

10. Electronic Transaction Consent: Explicit consent to electronic execution and digital communications

11. Data Privacy and Protection: Terms regarding collection, use, and protection of personal data

12. Default Events: Circumstances constituting default and consequences thereof

13. Termination: Conditions and process for early termination of the agreement

14. Dispute Resolution: Process for handling disputes, including jurisdiction and applicable law

15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability