Mandiri Utama Finance (MUF) is a subsidiary of PT Bank Mandiri (Persero) Tbk, operating in the motor vehicle financing industry. Established officially on January 21, 2015, MUF is licensed and supervised by the Financial Services Authority. MUF's shares are owned by PT Bank Mandiri (Persero) Tbk (51%), PT Asco Investindo (37%), and PT Tunas Ridean (12%). In addition to conventional financing, MUF began offering Shariah-based financing in 2018 through the establishment of its Shariah Business Unit. The company provides a comprehensive range of financing services including new and used cars, as well as new and used motorcycles.
With its slogan #WujudkanSemuaMimpi (Realizing All Dreams), MUF aims to cater to diverse financing needs while maintaining compliance with regulatory standards. The company's strategic alliance with PT Bank Mandiri (Persero) Tbk and other major stakeholders provides a strong foundation for its operations and growth in the finance and financial services industries.
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