How to apply for the new diesel subsidy via BUDI

In an effort to ease the financial burden on businesses and individuals relying on diesel, the Malaysian government has introduced a new subsidised diesel plan. Administered through the BUDI system, this initiative aims to make diesel more affordable and accessible. Here’s a step-by-step guide on how to apply for the subsidised diesel plan via BUDI.

Understanding the Subsidised Diesel Plan

The subsidised diesel plan is designed to provide eligible users with diesel at a reduced price. This initiative is part of the government’s broader strategy to support economic growth and sustainability by reducing fuel costs for heavy vehicle operators and industries that depend on diesel.

Step-by-Step Guide to Apply via BUDI

1. Eligibility Check

   • Before applying, ensure you meet the eligibility criteria. Typically, this plan is targeted at transport companies, logistics providers, agricultural businesses, and other sectors heavily reliant on diesel.
   • Visit the official BUDI website or contact your local regulatory body to confirm eligibility requirements.

2. Registration on BUDI Platform

   • If you are not already registered, create an account on the BUDI platform. Visit BUDI's official website and click on the registration link.
   • Fill in the required details, including your company’s registration number, business type, and contact information.

3. Document Submission

   • Prepare the necessary documents for submission. These may include your business registration certificate, financial statements, and proof of diesel usage.
   • Upload the scanned copies of these documents onto the BUDI platform during the application process.

4. Application Form

   • Complete the application form available on the BUDI platform. Provide accurate information about your diesel consumption needs and any additional details requested.
   • Double-check all entries to avoid any errors that could delay your application.

5. Submit Application

   • Once you’ve filled out the form and uploaded the required documents, submit your application. You will receive a confirmation email with a reference number for tracking your application status.

6. Application Review

   • The BUDI team will review your application and the submitted documents. This process may take a few weeks, depending on the volume of applications.
   • Be prepared to provide additional information or clarification if requested by the BUDI team.

7. Approval and Subsidy Allocation

   • Upon approval, you will receive a notification via email or through the BUDI platform. The notification will detail the amount of subsidised diesel allocated to your business and the duration of the subsidy.
   • Follow the instructions provided to start benefiting from the subsidised diesel plan.

Tips for a Smooth Application Process

• Stay Updated: Regularly check the BUDI website for any updates or changes in the application process or eligibility criteria.
• Accurate Information: Ensure all information and documents provided are accurate and up-to-date to avoid delays.
• Timely Response: Respond promptly to any queries from the BUDI team to expedite the review process.

The new subsidised diesel plan via BUDI is a significant initiative aimed at reducing operational costs for businesses relying on diesel. By following the steps outlined above, you can efficiently apply for and benefit from this subsidy, ensuring your business remains competitive and sustainable in the long run. Stay informed and proactive to make the most of this opportunity.

Read More: Gov’t still paying RM10 billion in diesel subsidies RM3.3 Billion to maintain RM2.15 price in Sabah and Sarawak

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