Housing Credit Guarantee Scheme (SJKP)

The Housing Credit Guarantee Scheme (SJKP) is a special program by SJKP Berhad, an agency under the Ministry of Finance (MOF).

It was introduced to help individuals with irregular income who face difficulties securing housing loans from conventional financial institutions.

Target Groups include:

• Self-employed (small traders, hawkers, farmers)
• Gig workers (Grab, Foodpanda, freelancers)
• Micro-entrepreneurs, hawkers, and workers without fixed payslips

Two scheme categories:

• SJKP Scheme

Financing up to RM500,000

• SJKP Madani Scheme

Financing up to RM360,000

This scheme allows loans for up to 2 generations or a maximum of 35 years.