Personal Banking

Financing-i / Personal Financing-i for Solar Panel

“Switch to green finance with ease. Together, we can improve our future.”

Personal Financing-i for Solar Panels is a financing package offered to Bank Rakyat customers to finance the purchase of solar panels. Aligned with the goals outlined in Bank Rakyat’s 2025 strategic plan, this initiative aims to support the country’s transition towards a sustainable energy economy as outlined in the Sustainability Framework.

PRODUCTS OFFERED:
  • Personal Financing-i Public
  • Personal Financing-i Private
  • Personal Financing-i Pensioner
  • Personal Financing-i Private (Exclusive)



  1. Amount of Financing Up to RM400,000
    Empower your green initiatives with substantial financial backing, offering up to RM400,000 for your renewable energy projects or sustainability improvements.
  2. Fixed or Floating Profit Rate
    Select between competitive fixed or floating profit rates, tailored to align with the financial strategies of public sector workers, private individuals, pensioners and professionals, all within our predefined financial frameworks.

BENEFITS
  1. Financial Empowerment through Energy Savings: Strategically reduce your utility bills, enhancing financial flexibility.
  2. Selective Partnership for Quality Assurance: Partner exclusively with top-tier solar PV providers renowned for their excellence and stability.
  3. Environmental Stewardship: Embrace clean energy, contributing to a healthier, pollution-free Malaysia.
  4. Innovative Technology Access:Gain access to cutting-edge solar technology, ensuring efficient energy use and long-term sustainability.
  1. Malaysian citizenship is required.
  2. Minimum age of 18 years and maximum age of 60 years at the end of the financing tenure.
  3. Available for all personal financing segments, including public sector employees, private sector workers, pensioners and professionals subject to established financing guidelines.
HOW TO APPLY FOR PERSONAL FINANCING-i FOR SOLAR PANELS?
Here are three simple steps to apply for financing:
  • Obtain the invoice or cost of purchasing solar panels: Acquire the invoices or the costs of solar panels from Bank Rakyat’s solar partners.
  • Calculate your financing eligibility: Estimate your financing eligibility by visiting the nearest Bank Rakyat branches or contacting our Contact Centre at 1-300-80-5454.
  • Apply for financing: Once you have obtained all the necessary information, you may submit your application via:
    • Online banking platform at www.irakyat.com.my or www.bankrakyat.com.my.
    • Call our Contact Centre at 1-300-80-5454, or
    • Visit the nearest branches.

BANK RAKYAT’S SOLAR PARTNERS:
  • Voltago Solar Sdn Bhd
  • Green Energy Generation Sdn Bhd
  • UZMA Environergy Sdn Bhd
  • Suria Infiniti Sdn Bhd
  • Voltek Energy Sdn Bhd
  1. Equivalent to a flat rate as low as 2.92% per year.
  2. Up to 10 years of financing tenure.
The published rates, fees and charges are effective from 1st April 2019 following the implementation of 6% SST from 1st September 2018. Terms & conditions apply.

For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.

*Terms and conditions apply.