LoanOpen🇲🇾 Malaysia

Indian Community Entrepreneur Development Scheme (SPUMI)

Micro and small business financing of RM1,000 to RM100,000 for Indian Malaysian entrepreneurs.

Run by

TEKUN Nasional

Funding

Up to MYR 100,000

RM1,000 to RM100,000; tenure 6-120 months; profit rate 4% p.a.; plus 5% p.a. savings

Who can apply

Malaysian citizen from the Indian community, aged 18-65
Business 100% owned by Indian Malaysian citizens, paid-up capital not exceeding RM300,000
Valid licence, permit or SSM registration
Not bankrupt
Shariah-compliant main business activity

How to apply

Apply online through TEKUN Online or at a TEKUN branch.

Last checked

2026-10-11

Official page ↗

BizGrantAI is an independent guide, not a government agency. Rules and amounts change, so always confirm on the official page before applying. We never charge for applications.