Selangor Journal
Finance Ministry in Putrajaya. — Picture by BERNAMA

eMadani: 6.5 mln applications approved; RM650 mln credited

PUTRAJAYA, Dec 6 — A total of 6.5 million eMadani credit assistance applications have been approved and credited to recipients, involving a RM650 million allocation thus far, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

Speaking to the press while conducting a survey of eMadani credit redemption at a supermarket today, he said another 1.8 million applications are still in the approval process, which will take one to five days.

“Many people have applied in these three days, even though we are open until February 20, 2024, and can be cashed in until February 29 next year.

“However, those who feel they are eligible but fail in the application can appeal,” Ahmad said, adding the applications on all other e-wallet service provider apps will be rejected if they fail on the first application.

Those who failed could appeal through several platforms, including sending an email to mailto:[email protected] or calling 03-8882 4565 or 1 800 88 2747.

The four e-wallet service providers are Shopee, MAE Maybank, Touch N’ Go, and Setel Petronas.

Meanwhile, he said one of the reasons for individuals failing to apply or not being included in the eligibility group is that they did not submit their tax for the assessment year 2022 within the stipulated period.

Eligibility is identified using the 2022 assessment year tax return if the applicant is not a Rahmah Cash Assistance recipient.

“If they make a tax declaration and are still ineligible, there is a possibility of discrepancy on their names’ registration between the e-wallet platforms and IRB records, and they can appeal.

“For example, individuals who are unable to apply also include university students because they have received eBeliaRahmah,” Ahmad said.

Issues related to eMadani applications faced by the public will be brought to the post-Cabinet meeting of the Finance Ministry.

Meanwhile, the strict condition set for the eMadani is part of the effort to help micro, small and medium enterprises.

“We want to help the people by developing the local economy, and not big companies, for example, for toll payments and so on,” he said.

eMadani credit registration and claims, open on Monday (December 4), will benefit 10 million people, involving a RM1 billion allocation.

— Bernama

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