In today’s economic landscape, every expenditure counts, especially for businesses that rely heavily on diesel fuel for their operations. With fuel prices on the rise, exploring every possible option for cost savings is crucial. One such opportunity is BHPetrol’s Subsidised Diesel Program (SKDS 2.0), designed to help consumers and businesses manage their fuel expenses more effectively.
Getting to know the mechanics of BHPetrol’s Subsidised Diesel Program is the first step towards maximising your savings. By participating in this initiative, you can access diesel at reduced prices, providing significant relief against economic pressures. Whether you’re a small business owner or a fleet manager, taking advantage of this program can significantly boost your budgeting strategies and overall operational efficiency. Let’s dive into the various ways you can benefit from this valuable offering.
What is SKDS 2.0?
SKDS 2.0 is an innovative subsidised diesel program provided by BHPetrol, specifically crafted to assist businesses in reducing their operational costs associated with eligible vehicles.
One of the key advantages of SKDS 2.0 is its streamlined approval process, which ensures that businesses can quickly access the benefits without unnecessary delays. In addition, the program offers automatic credit limits of up to RM10,000, allowing companies to manage their fuel expenses with greater flexibility and ease.
Who is Eligible for SKDS 2.0?
Eligible vehicles for the SKDS 2.0 program include:
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We also introduced a lineup of new additions to the list:
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Types of Fleet Cards
BHPetrol offers 3 types of fleet cards under the SKDS 2.0 program. These options come with unique features and benefits that cater to different business needs:
X-Fleet Card
The X-Fleet Charge Card is perfect for companies with at least 3 vehicles or those using 1,000 litres of fuel a month. As a cardholder, you’ll enjoy a monthly purchase statement, and your payments will be due within an approved credit period.
X-Fleet Diesel Subsidy Card
Much like a Prepaid card, BHPetrol’s X-Fleet Diesel Subsidy Card is designed for companies participating in the government’s diesel subsidy program. It offers immediate discounts at the pump and helps manage fuel expenses while ensuring payments are made within the approved credit timeline.
Diesel Subsidy Cash Card
Also for eligible companies, this card allows payment by cash at the time of fuel purchase. Whereby, the cardholders pay only the net amount after subsidy deductions, making it a cost-effective choice.
Documents Required for SKDS 2.0 Registration:
To register for the SKDS 2.0 program, you’ll need to gather and submit several important documents to ensure a smooth application process:
- Form 9 & Form 49 or SSM for Sole Proprietorship/Partnership
- Front page of the bank statement
- Subsidised Diesel Control Scheme (SKDS) approval letter
- Signed declaration form available on the BHPetrol website
- Expect *fast approval guaranteed for eligible applicants!
Possible Reasons for the Rejection
While BHPetrol strives to provide fast approvals for all eligible applicants, there are certain reasons that may result in a rejection of your application. These include:
- Incorrect NRIC/SSM registration number
- Inconsistency between the company/business name and the company registration certificate
- Use of an outdated SSM registration number
- Vehicle does not belong to one of the approved types
- Vehicle ownership does not belong to the company
- Expired vehicle road tax
Ensure all details are accurate to improve your chances of approval!
How to Maximise Your Savings with SKDS 2.0?
Now that we’ve covered the basics of BHPetrol’s Subsidised Diesel Program, let’s dive into some practical tips on how to make the most of it:
- Plan Your Fuel Consumption
With a subsidised diesel program in place, it’s crucial to plan your fuel consumption carefully. Keep track of your vehicle usage and try to estimate how much diesel you’ll require for a given period. - Better Control of Your Fleet Control
Managing your fleet records can be overwhelming but not anymore with the BHPetrol X-Fleet Mobile App and Web Portal! This all-in-one solution lets you effortlessly track and manage all your credit information, payment options, and both old and new transactions and purchase.s - Choose the Right Fleet Card
As mentioned earlier, BHPetrol offers 3 types of fleet cards under this program. Choose the one that best suits your fleet’s needs to maximise your savings. If you’re unsure, consult with a BHPetrol representative for guidance!
BHPetrol’s Subsidised Diesel Program (SKDS 2.0) is a fantastic opportunity for businesses looking to cut down on operational costs while keeping their operations efficient. Sign up for SKDS 2.0 today and enjoy substantial savings with subsidised diesel, fast approvals, and exclusive rebates. So why wait? Join today and start saving!