BI Checking Meaning: Definition, Scores, and How to Check It

BI Checking Meaning: Definition, Scores, and How to Check It

If you are in the process of searching for a home or learning about home loans (KPR), you’re likely familiar with the term "BI checking." Many prospective borrowers or homebuyers face challenges in purchasing due to this factor. But what exactly does BI checking mean?

In this article, we’ll explain the meaning of BI checking, BI checking scores, and how to check them. Read on for the full details!

Definition of BI Checking

BI Checking refers to the credit transaction history record of a customer. This record contains information about the collectability or the timeliness of a customer’s credit payments. The smoother the credit history, the higher the likelihood of getting approval for future credit applications.

In fact, BI Checking has now been replaced by SLIK OJK (Sistem Informasi Layanan Keuangan) or the Financial Services Information System managed and provided by OJK (Financial Services Authority). The name change occurred because credit-related matters are no longer under the supervision of Bank Indonesia (BI).

However, the term BI checking remains popular among the public. Don’t worry, though, because both BI Checking and SLIK OJK serve the same function.

It is essential to maintain a good BI Checking or SLIK score to avoid difficulties when applying for credit. The types of credit in question include unsecured loans (KTA), mortgages (KPR), and credit card applications.

Details of BI Checking Scores

BI Checking or SLIK OJK scores are divided into five categories based on the collectability or timeliness of credit payments. Here’s the breakdown:

BI Checking Score 1
Score 1 means the customer’s credit payments are smooth. Customers never miss paying their monthly installments, including interest. Having a score of 1 makes it easier to apply for various types of credit at the bank.

BI Checking Score 2
Score 2 indicates Credit Under Special Supervision. This score is given if you have delayed credit payments for 1 to 90 days. While not perfect, score 2 is still considered safe for future credit applications.

BI Checking Score 3
Score 3 signifies Non-Performing Credit. This occurs when a customer has delayed credit payments for 91 to 120 days.

BI Checking Score 4
Score 4 means Doubtful Credit, caused by delayed payments between 121 to 180 days. If you have this score, be cautious as your future credit applications will likely face challenges.

BI Checking Score 5
Score 5 means you will not be able to apply for future credit because your previous credit is classified as bad debt. Bad debt is defined by banks as payments overdue for more than 180 days.

From the above scores, only customers with scores of 1 and 2 are eligible to apply for future credit. Customers with scores of 3 to 5 will be blacklisted by BI and OJK.

How to Check BI Checking

Checking BI Checking by Visiting the OJK Office

1. Prepare your ID card (for Indonesian citizens) or passport (for foreign nationals).
2. Visit the OJK office and fill out the request form to view SLIK.
3. If the form is complete and approved, the officer will print your BI Checking score and hand it to you.

Checking BI Checking Online

1. Open the SLIK request page: https://konsumen.ojk.go.id/minisitedplk/registrasi and fill in the form and queue number.
2. Upload scanned documents, such as an ID card or passport, and click submit.
3. Wait for a confirmation email from OJK containing the online SLIK queue registration proof.
4. OJK will verify the data no later than two days before the queue date.
5. If the submitted data is valid, you can print the form sent via email and sign it three times.
6. Send a photo or scanned document with your signature to the WhatsApp number provided in the email, along with a selfie showing your ID card.
7. OJK will conduct further verification via WhatsApp and may perform a video call if necessary.
8. If verification is successful, OJK will send the SLIK iDeb results via email.

Having a good BI checking score is crucial when applying for a mortgage, including for subsidized housing. So, it’s a good idea to check your score now. If your score is poor, visit the respective bank and discuss ways to improve it.