Gyeonggi Province said on the 11th that in 2025 it supported a total of 2.78376 billion won in guarantee fees for the return-of-jeonse-deposit guarantee to 11,262 jeonse tenants.
The return-of-jeonse-deposit guarantee is insurance that tenants enroll in to protect their deposit. If the landlord cannot return the jeonse deposit after the contract expires, a guarantor such as the Korea Housing & Urban Guarantee Corporation (HUG) pays the deposit to the subscriber (tenant) instead (subrogation) and later exercises the right of recourse against the landlord to recover it.
For jeonse deposits of 300 million won or less, and for young adults (ages 19–39) and newlyweds, the program covers the full guarantee fee (up to 400,000 won). For others, it covers up to 90% of the fee (up to 400,000 won). Annual income limits are 50 million won for young adults, 60 million won for non-youth, and 75 million won for newlyweds.
Gyeonggi Province plans to carry out this program this year as well. The province improved the system so that when those eligible for Korea Housing & Urban Guarantee Corporation guarantee fee discounts (low income, newlyweds) enroll in the return-of-jeonse-deposit guarantee, applications are automatically received without separate procedures.
A Gyeonggi Province official said, "This year, we will also promote the program to support guarantee fees for the return-of-jeonse-deposit guarantee to prevent damage to tenants' valuable assets from jeonse fraud," and added, "We also improved the system so that when those eligible for fee discounts enroll, they are automatically registered for the support program without separate procedures."
Applications for the guarantee fee can be made through Subsidies 24 or the HUG Safe Jeonse Portal. They are also available at city, county or district offices, or at the Community Service Center.