Credits Below Rp 1 Million No Longer Recorded in SLIK, OJK Provides Explanation
The Financial Services Authority (OJK) has introduced a new policy regarding the Financial Information Services System (SLIK) as a form of support for the government’s priority programme of providing three million homes. This policy is one of the efforts to facilitate access to subsidised housing credit.
OJK Commissioner Chairman Friderica Widyasari Dewi stated that her agency strongly supports the priority programme run by the Minister of Housing and Settlement Areas RI, Maruarar Sirait. She conveyed that OJK had held a Commissioners’ Meeting (RDK) last week and decided on several policy steps to support its implementation.
One of the main decisions is that OJK has determined that the information to be displayed in SLIK reports will consist of credits or financing with amounts above Rp 1 million.
“In the Commissioners’ Meeting yesterday, we decided that in the SLIK report, the information to be displayed is credits with amounts above Rp 1 million, either based on the accumulated credit record of the debtor or the outstanding balance,” said Friderica, who is often called Kiki, in her statement, quoted on Tuesday (14/4/2026).
In addition, Kiki stated that OJK has also decided to accelerate the update of loan repayment status in SLIK to a maximum of three working days after repayment is made. This policy is expected to help speed up the housing financing application process.
“When someone has repaid their loan, within a maximum of three days, the repayment status will appear in SLIK, which will be implemented no later than the end of June 2026. This is important to help developer partners accelerate the housing financing process,” she explained.
She continued that to support the acceleration of the housing programme, OJK is also providing access to the People’s Housing Savings Management Agency (BP Tapera) to SLIK data in accordance with applicable provisions. This step is expected to support the acceleration of the housing financing facility provision process, which is BP Tapera’s task.
Furthermore, OJK through the Executive Head of Insurance, Guarantee, and Pension Fund Supervision will issue a confirmation regarding the recognition of subsidised Home Ownership Credit (KPR) as a government priority programme. This confirmation is considered important because it has implications for the guarantee aspect in housing financing.
Kiki emphasised that OJK together with the Ministry of Housing and Settlement Areas will also form a Task Force for Accelerating the 3 Million Homes Programme. This task force will involve OJK, the Ministry of Housing and Settlement Areas, BP Tapera, developer associations, and other related stakeholders as a step to strengthen coordination and accelerate the resolution of various housing programme obstacles related to the financial services sector.
As information, SLIK is a record of information used as one of the considerations in the credit or financing analysis process. OJK will add a confirmation in SLIK information that the data in SLIK does not automatically determine the acceptance or rejection of credit or financing provision by financial services business actors.
Previously, OJK had also carried out various efforts to support the government’s programme in providing homes for Low-Income Communities (MBR), including through OJK Letter No. S-2/D.03/2025 dated 14 January 2025 regarding Support for the Government’s Programme in Providing Homes to Low-Income Communities and Improving SLIK Reporting Quality. Through this letter, OJK emphasised that SLIK contains neutral information and is not a blacklist.
OJK also emphasised that there is no provision prohibiting the provision of credit or financing to debtors who have credits with qualities other than current, including if combined with other credit or financing facilities, especially for small-value credits or financing.
In addition, the decision to grant KPR to MBR remains the authority of each bank, considering prudence principles and risk mitigation. OJK also continues to urge banks to improve SLIK data quality, including periodic data updates.
“OJK will continue to support and encourage various steps that can be taken to accelerate the achievement of the 3 million homes programme. This is one form of our support,” Kiki concluded.