Only 4,227 online applications received so far for flood-related automotive aid, says finance ministry

Only 4,227 online applications received so far for flood-related automotive aid, says finance ministry

The government says that response to its subsidy for the repair of a flood-damaged vehicle has been low, with only 4,227 applications for automotive aid with an estimated claim value of RM5.47 million having been received so far via the Bantuan Automotif Keluarga Malaysia portal, which was launched on January 18.

Deputy finance minister Datuk Mohd Shahar Abdullah said the figure was relatively low despite not taking into account applications that have been made manually, Bernama reports. He hoped that flood victims would submit their applications for assistance before the closing date on March 31. “Flood victims whose vehicles were damaged due to the floods should take advantage of this aid,” he said.

Announced at the end of December and detailed earlier this month, the RM1,000 voucher initiative is meant to assist Malaysians whose vehicles were damaged by the flood. Valid until March 31, the automotive discount voucher can be used to claim against the repair of a water-damaged private vehicle or towards the replacement of a vehicle deemed to be a total loss.

The discount voucher is applicable for use with all privately-owned cars, motorcycles, pick-up trucks and window vans, but must be redeemed via service centres of the 19 automotive companies participating in the scheme. A direct deduction will be made from the total cost of repairs or from the cost of replacing new vehicles through invoices issued by service centres and authorised distributors.

Separately, Mohd Shahar said Bank Negara would discuss with insurance and takaful companies the need to increase consumer awareness on insurance coverage for flood disaster. “This also involves planning for the industries involved to provide comprehensive coverage at a more affordable price,” he said.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • touring lover on Jan 31, 2022 at 11:46 am

    the keyword here is “voucher”. this is the problem. if the total repair cost is rm10k, the vehicle owner still hafta fork out rm9k.

    Like or Dislike: Thumb up 4 Thumb down 3
    • Rakyat Malaysia on Jan 31, 2022 at 4:00 pm

      True. Rm1k voucher is not enough for such serious repairs.

      Like or Dislike: Thumb up 3 Thumb down 2
      • Angry Voters on Feb 01, 2022 at 7:24 pm

        At least sikit pun better than nothing like 3 years ago when minyak marhaen RON95 was nearly RM3.00 per liter did we get anything from Gomen? NOTHING! Not even Rm 100 cash relief!

        This Rm 1k subsidy will go a long way to help those affected.

        Like or Dislike: Thumb up 4 Thumb down 5
        • Rakyat Malaysia on Feb 03, 2022 at 12:17 am

          Thank you for your generous offer to make the RM1k voucher go a long way by covering the remaining cost when the repair cost goes above RM1000. Please let those in need know how to reach out to you for help.

          Like or Dislike: Thumb up 0 Thumb down 0
    • Amran on Jan 31, 2022 at 5:14 pm

      Bagi komplen.
      Xbagi pun komplen.
      Lagi baik xyah repair, naik kuda lagi baik

      Like or Dislike: Thumb up 7 Thumb down 8
      • Angry Voters on Feb 01, 2022 at 3:08 pm

        Kementerian kewangan yg bagi berita, kau pulak yg mintak dorang naik kuda.. Aparaa…

        Like or Dislike: Thumb up 2 Thumb down 1
 

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