Indian Community Entrepreneur Development Scheme( SPUMI )

Published on: 27/03/2016
Updated on: 26/09/2018

TEKUN Loan Amount



Payment Period

Small Loan Scheme ( SPK )

>RM 10,000 – RM50,000

Up to 5 years
Medium Loan Scheme ( SPS )

>RM 50,000 – RM100,000

Up to 10 years

Repayment Period

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

Repayment Methods

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. For further information, please visit the following link:

TEKUN Management Fund Contributions

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.

Process Payments



> RM 10,000 – RM 20,000

RM 150

> RM 20,000 – RM 30,000

RM 200

> RM 30,000 – RM 40,000

RM 250

> RM 40,000 – RM 50,000

RM 300

> RM 50,000 – RM 100,000

RM 500


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

Insurance Protection

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

Basic Eligibility Requirements of TEKUN Nasional Loan

  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