Malaysians can now check their eligibility for the RON95 petrol subsidy through the BUDI MADANI (BUDI95) initiative launched by the Ministry of Finance, starting at 9:00 AM today.
The official portal www.budimadani.gov.my is now open for checking eligibility profiles and monthly subsidy usage balances.
The Second Minister of Finance, Datuk Seri Amir Hamzah Azizan, said the check is performed automatically using an identity card number without the need for new registration.
- The RON95 petrol subsidy is targeted at Malaysian citizens aged 21 years and above with a valid driving license.
- The eligibility limit for the subsidy is set at 300 litres per month, based on data from the Department of Statistics Malaysia (DOSM).
- The subsidised price remains at RM1.99 per litre, while the unsubsidised market price is around RM2.60 per litre.
- Usage exceeding the quota will be charged at the current market price.
- E-hailing drivers can apply for an additional quota through the same portal.
- Payment can be made using cash, credit/debit cards, or e-wallets.
- The transaction receipt will display the value of the subsidy borne by the government as well as the actual amount paid by the user.
- The government expects to save between RM2.5 billion to RM4 billion annually through the removal of the blanket subsidy, which will be reallocated to targeted assistance such as Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA).
The public can also contact the BUDI95 helpline at 1300-88-9595 starting at 9:00 AM today.
We have visited the website to test it out. This author has a valid driving license and is therefore eligible. (Screenshot below.)
This author also tried entering his wife’s identity card number, and she is not eligible because she does not have a driving license. (Screenshot below.)
