2026 Newlywed Jeonse/Monthly Rent Deposit Interest Support: Receive Up to 6 Million Won Per Year

What is Newlywed Jeonse/Monthly Rent Interest Support?

This is a government policy that compensates newlywed couples for the loss of interest on deposits locked up in jeonse or monthly rent during the early stages of marriage. The government directly supports an amount equivalent to the interest that could be earned if the rental deposit was deposited in a bank, and the system is designed to reduce the economic burden on newlywed households. Support will continue in 2026, with some improvements to application conditions and support amounts.

2026 Application Eligibility Requirements

To receive newlywed jeonse/monthly rent interest support, you must meet all of the following eligibility requirements.

• Marriage Duration: Married within 7 years (based on marriage registration date)
• Combined Household Income: 9 million won or less per month (based on 2026 standards, may vary annually)
• Housing Rental: Must be renting a jeonse or monthly rental residence
• Deposit Scale: Jeonse or monthly rent deposit must be 50 million won or less
• Real Estate Ownership: Neither spouse can own any property (excludes those with 2 or more properties)
• Seoul Residence: Must actually reside in Seoul, and registered address must match

The applicant must be a non-homeowner, and the spouse must also be a non-homeowner. However, inherited property or pre-marital assets may be excluded, so confirmation is needed at the time of application.

2026 Support Amount and Support Period

The 2026 newlywed jeonse/monthly rent interest support amount is provided on a sliding scale based on the deposit size.

• 50 million won or less: 2.4 million won per year (200,000 won per month)
• Over 50 million won up to 70 million won: 3.6 million won per year (300,000 won per month)
• Over 70 million won up to 100 million won: 6 million won per year (500,000 won per month)

The support period is a maximum of 5 years, and support is available only while meeting the condition of being married within 7 years. Support begins the month of application and continues subject to annual asset and income re-verification. If the deposit amount changes, it will be recalculated based on the new amount.

Application Method and Required Documents

Application Location: Seoul City Hall, each district office, or online (Seoul Policy Finance Portal)

Required Documents:

• Application form and consent form (auto-generated for online applications)
• Marriage certificate (issued within 6 months)
• Copies of both spouses' IDs
• Resident registration certificate and detailed register (issued within 3 months)
• Rental contract (jeonse contract or monthly lease contract)
• Deposit receipt
• Employment or business income verification (tax withholding receipt, income certificate, etc.)
• Bank account copy (for support deposit)
• Certificate of employment (if needed)

For online applications, you can apply 24/7 through Government24 or the Seoul Policy Finance Portal. Online applications are recommended as the processing period is shorter than in-person applications.

Application Period and Processing Procedure

The 2026 newlywed jeonse/monthly rent interest support is available year-round. This means you can apply anytime during the year, and support payments begin the month you apply. However, support is provided within budget limits, so it may close early; early application is advisable.

Processing Procedure: Application → Document Review (7-10 days) → Eligibility Confirmation and Assessment (7-10 days) → Approval and Payment (monthly deposit from the month following application)

In most cases, the first support payment is deposited within 2-3 weeks of application. After applying, additional documents may be requested, so carefully check text messages and emails following your application.

Precautions and Important Notes

Reasons for Support Discontinuation: If either spouse purchases a home or if 7 years have passed since marriage, support will be discontinued. Additionally, support may be discontinued if combined household income exceeds the limit or if you move to a residence exceeding the deposit amount.

Annual Income Re-verification: There is an annual income re-verification process once per year. If you fail this, support will be discontinued, so you must report any income changes.

Relationship with Other Support: This support cannot be received simultaneously with youth monthly rent support, loan interest support, and other programs in certain cases, so confirmation is necessary.

Repayment Obligation: If support is received based on false information, you may be subject to repayment and penalty charges.

Pre-Application Checklist

Please verify the following before applying:

• Have you been married within 7 years?
• Is your combined monthly household income 9 million won or less?
• Are you actually living in a jeonse or monthly rental residence?
• Is the deposit 100 million won or less?
• Do neither of you own any property?
• Are you registered as Seoul residents?
• Have you prepared all necessary documents?

By confirming all of the above before applying, you can avoid unnecessary rejections or delays.

This article is information provided by AI analyzing and organizing various sources. For more accurate information, please check with Seoul City Hall, your district office, or the Seoul Policy Finance Portal (policy.seoul.go.kr).