Solar Plus BAE Personal Financing-i

Save electricity bills by purchasing and installing a solar panel system for your home. Apply for our Solar Plus BAE Personal Financing-i, a special financing package with attractive rates to finance your rooftop solar panel.

This product is in line with BNM’s application of Value-based Intermediation (VBI) practices which aims at delivering intended outcomes of Shariah through practices that generate positive and sustainable impact to the economy, community and environment apart from supporting the government’s initiative to encourage Malaysia’s Renewable Energy uptake.

Features:

  • Attractive profit rates from *BR+2.00% p.a. (equivalent to 2.25% on flat rate)
  • Payment period of up to 10 years
  • Margin of financing up to 100% of the Solar panel price
  • Financing amount of up to RM150,000
  • Optional Group Takaful coverage
*BR is subject to change when there is a change in the Overnight Policy Rate
 

Requirements:

  • Existing Home Financing/Housing Loan customers of Public Islamic Bank/Public Bank with good payment record
  • The Solar panel system must be purchased/installed by Solar Companies from the Bank’s approved list

Campaign Period: 12 November 2020 to 31 December 2021

For further information on financing, visit your nearest Public Islamic Bank/Public Bank branch.

For further information on solar panel, contact our technical partner Helios Photovoltaic Sdn Bhd at toll fee number 1-300-80-1168.
 

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  Financing Rates

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