Save on electricity bills to lower your operational expenses and save the earth by purchasing and installing a solar panel system for your commercial property.
What does Solar BAE Term Financing-i Offer You?
- Attractive profit rates:
- BFR - 2.32% for financing below RM100,000;
- BFR - 2.52% for financing below RM300,000; and
- BFR - 2.57% for financing RM300,000 and above.
- Payment period of up to 15 years
- Margin of financing up to 100% of the Solar panel system price
SBR (Standardised Base Rate) is subject to change when there is a change in Bank Negara Malaysia’s Overnight Policy Rate
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.
Apply for our Solar BAE Term Financing-i, a special financing package with attractive rates to finance your solar panel system.
Eligibility
- Existing Term Financing-i/Fixed Loan customers of Public Islamic Bank/Public Bank
- New customers may refinance their commercial property with Public Islamic Bank to be eligible for Solar BAE Term Financing-i
- The Solar panel system can be purchased/installed by solar companies listed with the Bank, or by your own preferred solar companies
Product Disclosure Sheet
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Solar Panel Providers
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For further information on solar panel system, contact our Solar Panel providers as follows:
- Helios Photovoltaic Sdn Bhd: Toll Free Number at 1-300-80-1168.
- Reneuco Engineering Sdn Bhd (previously known as KPower Engineering Sdn Bhd): General line at 03-6203 2929.
- Itramas Technology Sdn Bhd: General line at 03-5569 8806.
- Pekat Solar Sdn Bhd: General line at 03-2300 8010.
- Solaroo Systems Sdn. Bhd: General line at 03-2300 8010.
- You may also contact your preferred Solar Panel providers other than the companies listed above.
