BJAK’s RM150m initiative accelerates government’s digital road tax transformation

BJAK Sdn Bhd, Malaysia’s leading digital insurance platform, has rolled out its pioneering RM150 mil Free Road Tax programme – an initiative aimed at transforming how motorists renew road tax in Malaysia.

The programme will provide Malaysians a chance to renew their motorcycle and car road tax for free, backed by an impressive allocation of RM150 mil to support the campaign’s success.

Since its establishment, BJAK has been at the forefront of digital innovation in the automotive industry. With millions of transactions completed, BJAK has earned its reputation as a reliable and efficient service provider.

The pledge of RM150 mil to subsidise vehicle owners’ road tax renewals for free through BJAK platform has commenced since March 2024.

This is a bold step forward in the company’s mission to drive digital adoption and streamline administrative processes for the people of Malaysia. This initiative is expected to benefit over 6 million users across Malaysia, providing them with unparalleled ease and accessibility in renewing their road tax obligations.

“As a technology-driven company, we are committed to accelerating the digitalisation of Malaysia, and this initiative perfectly aligns with our vision,” commented BJAK’s vice-president (marketing) Mandy Foong.

“This significant investment aims to encourage more Malaysians to embrace digital solutions for their road tax renewal by accessing the benefits of digitalisation with simplicity, choice and convenience.”

In essence, the programme is not only in line with the government’s MyRoadTax digitisation efforts but also supports Malaysia’s broader agenda for digital transformation. By promoting online renewal, BJAK aims to reduce the need for physical visits to renewal centres thereby cutting down on queues and increasing overall efficiency.

In addition to the free renewal offer, BJAK is also addressing the financial concerns of vehicle owners by providing an insurance renewal instalment plan whereby customers can spread their payments over a 12-month period.

Above all else, this campaign is a testament to BJAK’s commitment to environmental sustainability. By reducing the need for paper-based transactions and physical travel, the initiative contributes to a greener, more sustainable future.

In line with the national push for digitalisation, the Road Transport Department (JPJ) has introduced a digital road tax system which allows vehicle owners to share their e-LKM (electronic road tax) with other drivers through the MyJPJ app.

This initiative further simplifies the process for vehicle owners and aligns with the government’s vision of digitalising services provided by JPJ. – April 2, 2024

Subscribe and get top news delivered to your Inbox everyday for FREE