OJK Eases UMKM Participation in 3 Million Houses Programme, Touches on SLIK Data
The Financial Services Authority (OJK) supports efforts to accelerate the national priority development programme in UMKM development, including the provision of three million houses, through strengthening policies on the Financial Services Information System (SLIK) and synergy with ministries/institutions as well as related stakeholders.
OJK Commissioner Chairman Friderica Widyasari Dewi, during a meeting with the Minister of Housing and Settlement Areas of the Republic of Indonesia Maruarar Sirait at the OJK Tower Radius Prawiro office on Monday, stated that OJK strongly supports the three million houses housing development priority programme.
Friderica explained that OJK had held a Commissioners’ Board Meeting last week and decided on several policy steps to support the implementation of the programme.
The first policy, OJK decided that the information to be displayed in SLIK reports is credit or financing with a nominal value above Rp1 million, either based on the ceiling or the debit balance for each debtor.
“In yesterday’s Commissioners’ Board Meeting, we decided that in the SLIK report, the information to be displayed is credit with a nominal value above Rp1 million, either based on the accumulation of the debtor’s credit records or its debit balance,” said Friderica, as quoted from a written statement on Monday (13/4/2026).
The second policy, OJK 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, a maximum of within 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 speed up the housing financing process,” said Friderica.
In addition, to support the acceleration of the housing programme, OJK is also providing access to 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 duty.
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.
OJK together with the Ministry of Housing and Settlement Areas will also form a Task Force for Accelerating the 3 Million Houses Programme. This task force will involve OJK, the Ministry of Housing and Settlement Areas, BP Tapera, developer associations, and other related stakeholders to strengthen coordination and accelerate the resolution of various housing programme obstacles related to the financial services sector.
In addition, OJK will add a confirmation of information in SLIK that the data in SLIK does not automatically determine the acceptance or rejection of credit or financing provision by financial services business actors. SLIK is a record of information used as one of the considerations in the credit or financing analysis process.
Previously, OJK had also carried out various efforts to support the government’s programme in providing houses for Low-Income Communities (MBR), among others through OJK Letter No. S-2/D.03/2025 dated 14 January 2025 regarding Support for the Government’s Programme in Providing Houses to Low-Income Communities and Improving SLIK Reporting Quality. Through that 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 credit with non-current quality, including if combined with other credit or financing facilities, especially for small-value credit or financing.
In addition, the decision to grant KPR to MBR remains the authority of each bank by 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 houses programme. This is one form of our support,” Friderica concluded.