OJK Eases SLIK Regulations to Make Home Buying Easier, See the New Provisions
Jakarta - The Financial Services Authority (OJK) has decided on three policies related to the Financial Information Services System (SLIK) to support the acceleration of the government’s priority programmes, particularly the 3 million homes programme.
OJK Commissioner Chairman Friderica Widyasari Dewi stated that they have decided on several policy measures to support the implementation of the programme.
First, OJK will display credit or financing information above Rp1 million in every debtor’s SLIK report.
The credit information to be displayed can be based on the accumulation of credit records or ceilings as well as the debtor’s outstanding debit balance.
Second, OJK will accelerate the update of loan repayment status in SLIK to a maximum of three working days after repayment is made.
This policy, which will take effect from the end of June 2026, is expected to speed up the housing financing application process.
“When someone has repaid their loan, within a maximum of three days, that repayment status will appear in SLIK,” said the woman familiarly known as Kiki.
Third, OJK will also open access to SLIK data for the National Housing Savings Management Agency (BP Tapera). However, the provision of access will of course be in accordance with applicable regulations.
This policy is expected to accelerate the process of providing housing financing facilities, which is BP Tapera’s task.
In addition, OJK will add a clarification that data in SLIK is not the sole determinant for the approval or rejection of credit or financing by financial services business actors.
This is because SLIK is only a record of information used as one of the considerations in the credit or financing analysis process.
In addition to the SLIK-related policies, OJK will also issue a clarification regarding the recognition of subsidised Home Ownership Credit (KPR) as a government priority programme.
This clarification is considered important because it has implications for the guarantee aspect in housing financing.
She added that OJK, together with the Ministry of Housing and Settlement Areas, will 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.
The Task Force for Accelerating the 3 Million Homes Programme is formed to strengthen coordination and accelerate the resolution of various housing programme obstacles related to the financial services sector.