New OJK SLIK Policy Eases Home Subsidy Credit Applications for Low-Income Groups
Jakarta (ANTARA) - The Ministry of Housing and Settlement Areas (PKP) together with the Financial Services Authority (OJK) has decided that individuals with credit records in the Financial Information Services System (SLIK) of Rp1 million or less can now apply for subsidised housing credit.
Housing and Settlement Areas Minister Maruarar Sirait (Ara) conveyed this good news for low-income communities or MBR.
“So, those who have had SLIK OJK records of one million rupiah or less can now, starting from this moment, apply for subsidised housing credit. This is good news for the people,” Ara stated during a press conference in Jakarta on Monday.
According to her, this decision is the result of a long struggle by the Ministry of PKP through various meetings with OJK.
“Today’s good news is that OJK has decided that those with one million or less in SLIK can apply for subsidised housing credit. This is a phenomenon. I held six meetings at OJK to fight for this, and this is happening in the era of President Prabowo’s administration,” she said.
On the same occasion, OJK Commissioner Chair Friderica Widyasari Dewi stated that OJK fully supports the government’s priority programme in building 3 million homes for the Indonesian people.
“OJK fully supports the success of achieving the government’s priority programme, namely building 3 million homes for the Indonesian people,” said Friderica, or familiarly known as Kiki.
On that occasion, the OJK Chair also announced several strategic policies to support the acceleration of the housing programme. Besides displaying only credits of Rp1 million or more in SLIK records, there is also an update on credit repayment data with a maximum of H+3 after repayment is made, provision of SLIK data access to BP Tapera to speed up the housing financing process, and affirmation of subsidised housing credit as a government priority programme in terms of guarantees.
“Addition of information in the SLIK report that this data does not determine credit approval by financial institutions,” said Kiki.
She also explained that the policy has been decided in the OJK Commissioner Council Meeting and will take effect at the latest by the end of June 2026 after the system adjustment process.
“We need about two months for system adjustments and socialisation to financial service actors. At the latest, this policy will run by the end of June 2026,” she said.