How To Apply For The Diesel Subsidy Programme, Budi Madani

Successful applicants of the Budi Madani diesel subsidy in June will receive their funds starting July 17. 2024.  For those who just applied in July, the funds will be available starting August 7, 2024.

If you missed these dates earlier, you can still register for the diesel subsidy which will be open to registration throughout 2024.

Eligible individuals, small scale farmers, and commodity farmers can register themselves for the RM200 per month subsidy to buy diesel.

What is the Budi Madani diesel subsidy programme?

In order to avoid any extreme increase of cost of goods, several measures have also been announced by the government. This includes targeted diesel subsidies for commercial consumers, which includes taxi and bus operators.

The targeted diesel subsidy will be given under a programme called the Sistem Kawalan Diesel Bersubsidi (SKDS), which will cover the diesel subsidy for 10 types of public transport vehicles, and 23 types of logistical vehicles.

How do you qualify for diesel subsidy in Malaysia?

To qualify, individuals will need to satisfy the following criteria:

• Is a Malaysian citizen
• The private vehicle is registered with the Road Transport Department and excludes luxury vehicles under 10 years old.
• Has an active road tax.
• Has an income (individual or household) of less than RM100,000 per year.

How do you classify a diesel luxury vehicle?

The baseline measurement is owning a diesel car that is under 10 years old. Other than that, there is no official definition of what qualifies as a luxury vehicle.

However, the FAQ issued by the MOF clarifies that there are additional conditions for individuals applying for the Budi subsidy. In this case, the vehicle used must not be:

• A diesel powered motorcycle.
• A diesel powered private vehicle that has been registered for use by a company or organisation.
• A vehicle registered for e-hailing.
• Any caravan, motorhome, tour van, or tour bus.

Applications will also be cross-checked with LHDN records to ensure that all individuals that receive the subsidy meet the income requirements.

What type of diesel subsidy can you apply for?

At the moment, there are three categories. The first is for private individuals under Budi Individu.  For farmers and small agriculture smallholders, they should apply for Budi Agri-Komoditi.

If you don’t qualify for either of these, there is also the MySubsidi Diesel Fleet Card Programme (SKDS). This is a diesel subsidy through the Ministry of Domestic Trade and Cost of Living’s MySubsidi Diesel system. These fleet cards are issued to land transport and logistics companies.

From 1 July 2024, the Government will begin accepting applications for the refund from recipients of the Subsidised Diesel Control System (SKDS) 2.0. This is for owners of eligible logistics vehicles whose applications have been approved under SKDS 2.0 but have not yet received their fleet cards.

Those interested in applying for the Budi Madani diesel subsidy can do so at https://budimadani.gov.my/.