Indian Community
Entrepreneur Development
Scheme (SPUMI) Conditions

The loan repayment period is between 6 months to 10 years.

It is COMPULSORY for borrowers to make loan repayments at Regional TEKUN Offices or through BSN, Maybank, Bank Rakyat, Agrobank and Pos Malaysia or via post-dated cheques. 

Entrepreneurs are required to pay the TEKUN Management Fund Contribution a total of 4% of the loan value per annum throughout the loan period. Payment of this contribution shall be made together with loan repayments.

Entrepreneurs are required to make savings of 5% of the loan value per annum. These savings should be made together with the loan repayments.

TEKUN entrepreneurs will be protected under the Loan Insurance and Life & Accident Insurance (borrower) set by TEKUN Nasional within the loan period.

1. Indian race and Malaysian citizen
2. Aged between 18 – 60 years old (Financing period expires up to 65 years)
3. Applicant is not a bankrupt
4. Companies 100% owned by Indians and Malaysian citizens
5. Has a valid licence/ permit/ Business Register (SSM)
6. Has a specific business location or premise/ mobile business
7. Engage directly and part-time in business
8. One financing for one household (except for separate businesses and different business registers (SSM) as well as a good payment record for household)
9. Paid capital limit does not exceed RM 300,000
10. Existing business financing (example: MARA, AIM, SME, PNS, etc.) does not exceed RM100,000
11. Applicant already has a business. Whereas for applicants who wants to start a business are required to have a minimum personal cash contribution of 20% from the financing as a commitment to carry out a project (project progress)
12. For the purchase of commercial vehicles/ heavy machineries, total financing is 10% of the price of the commercial vehicle/ heavy machinery (subject to the cash flow and financial standing of applicant)
13. For Enterpise companies (Partnership), it is necessary to obtain a partner authorization letter that allows applicants to make financing and the partner must be Indian of race as well as Malaysian citizens
14. For Private Limited companies (Sdn. Bhd.) shall be obliged to provide the Company Resolutions in accordance to the format provided which gives out the authorization
15. Distribution of financing on behalf of the Company for financing of RM 20,000 and above
16. Approval of financing on behalf of Enterprise (Sole Proprietorship) for financing of RM 20,000 and above may be considered its eligibility by using the current personal account of the applicant or Enterpise

1. Masyarakat India dan Warganegara Malaysia
2. Berumur 18 – 65 tahun (tempoh pembiayaan tamat sehingga 65 tahun)
3. Pemohon bukan seorang muflis
4. Syarikat 100% hak milik Masyarakat India dan warganegara Malaysia
5. Mempunyai Lesen / Permit / Daftar Perniagaan (SSM) / Sijil Perakuan Amalan (Program Profesional Muda) yang sah dan masih belum tamat tempoh. Untuk informal, pengesahan menjalankan perniagaan daripada Pengerusi Majlis Pembangunan Usahawan Dan Koperasi Parlimen (MPUKP) / Jawatankuasa Pembangunan dan Keselamatan Kampung (JPKK) / Jawatankuasa Pembangunan dan Keselamatan Kampung Persekutuan (JPKKP) Penghulu / Ketua Kaum (Sabah & Sarawak) atau kupon / permit perniagaan oleh Jawatankuasa Penganjur bagi perniagaan pasar malam, pasar tani atau pasar tamu
6. Mempunyai tempat / lokasi perniagaan yang khusus / berniaga secara bergerak (mobile) / atas talian (online)
7. Terlibat secara langsung / separuh masa dalam perniagaan
8. Satu pembiayaan bagi satu isi rumah (kecuali perniagaan yang berasingan dan daftar perniagaan yang berlainan) (kecuali Program Profesional Muda)
9. Had modal berbayar tidak melebihi RM300,000 (kecuali Program Profesional Muda dan Kontrak-i; RM500,000)
10. Bagi pembelian kenderaan komersial / jentera berat, jumlah pembiayaan adalah 10% daripada harga kenderaan komersial / jentera berat (tertakluk kepada aliran tunai dan kedudukan kewangan pemohon)
11. Bagi pemilikan Perkongsian, perlu mendapat surat kebenaran rakan kongsi yang membenarkan pemohon membuat pembiayaan
12. Bagi pemilikan Syarikat Sendirian Berhad (Sdn. Bhd) wajib menyediakan Resolusi Syarikat mengikut format yang disediakan
13. Aktiviti utama perniagaan usahawan mestilah patuh Syariah

Pemohon hanya perlu mengemukakan Borang Permohonan Pembiayaan dan dokumen tambahan (jika berkenaan) seperti berikut:

1. Salinan Kad Pengenalan pemohon dan pasangan (jika berkenaan) (depan dan belakang)

2.Lesen / Permit daripada PBT atau Daftar Perniagaan (SSM)

Atau

Pengesahan menjalankan perniagaan daripada Pengerusi Majlis Pembangunan Usahawan Dan Koperasi Parlimen (MPUKP) / Jawatankuasa Pembangunan dan Keselamatan Kampung (JPKK) / Jawatankuasa Pembangunan dan Keselamatan Kampung Persekutuan (JPKKP) Penghulu / Ketua Kaum (Sabah & Sarawak) atau kupon / permit perniagaan oleh Jawatankuasa Penganjur bagi perniagaan pasar malam, pasar tani atau pasar tamu

3.Gambar perniagaan pemohon yang menunjukkan aktiviti perniagaan yang sedang dijalankan

4.Salinan 3 bulan transaksi terkini Penyata Bank akaun Simpanan / akaun Semasa yang mengandungi nama / syarikat pemohon, nama bank dan nombor akaun bank

5.Dokumen tambahan (jika berkenaan)

Permohonan hanya boleh dilakukan melalui Pejabat Cawangan TEKUN (Over the Counter) yang berdekatan dengan premis perniagaan pemohon atau tertakluk kepada perubahan semasa.

Pejabat TEKUN Cawangan, kutipan oleh Pegawai TEKUN, bayaran melalui mana-mana Bank yang dimaklumkan oleh TEKUN, POS Malaysia, bayaran melalui cek tarikh tertunda (Post Dated Cheque / PDC), bayaran melalui aplikasi elektronik (Direct Debit e-Mandate) atau melalui kaedah lain yang ditetapkan oleh TEKUN dari semasa ke semasa.