• BSN MyRinggit-i (SOLAR PANEL)
    Sustainable Home With BSN MyRinggit-i Solar Panel Financing

    Eligibility 

    • Malaysian citizen aged 18 years old to 65 years old
    • The purchase and installation of Solar PV System must be from a Solar PV Panel Provider appointed by BSN only.
    • For residential properties (other than residentials with strata title status)

    Shariah Concept

    Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    Apply Now
    BSN MyRinggit-i (SOLAR PANEL)
    Sustainable Home With BSN MyRinggit-i Solar Panel Financing

    Eligibility 

    • Malaysian citizen aged 18 years old to 65 years old
    • The purchase and installation of Solar PV System must be from a Solar PV Panel Provider appointed by BSN only.
    • For residential properties (other than residentials with strata title status)

    Shariah Concept

    Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    Apply Now

BSN MyRinggit-i advances you towards your life's financial dreams.

DOCUMENTS REQUIRED

  • Copy of NRIC (both sides)
  • Confirmation letter from employer
  • Latest salary slip

FINANCING INFORMATION

Profit Rate

SBR + 2.62% to SBR + 3.12%

Profit Rate without Takaful

Additional 0.50% from the above profit rate

Financing Limit

Up to RM150,000

Financing Tenure

Minimum: 1 year
Maximum: 10 years

Get Started with our Financing Calculator

Wish to know how much you would be paying every month? Let us help you get started. 

{{lang == 'en' ? 'Kindly enter your financing details' : 'Masukkan butiran pembiayaan anda di sini'}}

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{{lang == 'en' ? 'Disclaimer :' : 'Penafian :'}}
{{lang == 'en' ? ' This calculator serves as an estimate only. It is provided for illustrative purposes and is based on the accuracy of information provided. It does not constitute a quote. BSN shall not be responsible for any inaccuracies or errors resulting from the use of this calculator.' :'Kalkulator ini berfungsi sebagai anggaran sahaja. Ia disediakan untuk tujuan ilustrasi dan adalah berdasarkan ketepatan maklumat yang diberikan. Ia bukan merupakan sebut harga. BSN tidak akan bertanggungjawab terhadap sebarang ketidaktepatan atau kesilapan yang disebabkan oleh penggunaan kalkulator ini.'}}

HOW TO APPLY?

Step 1:Select your preferred BSN Solar PV Panel Provider Partner.
Step 2:Confirm your consultation & site visit date with Solar PV Panel Provider.
Step 3:Based on the site visit, Solar PV Panel Provider will issue a quotation of solar panel pricing and installation cost addressed to you.
Step 4:With the quotation and other necessary supporting documents, visit any of BSN Branches near you to submit your financing application.
Step 5:Installation of solar panels at your home as per address in the quotation.
Step 6:Payment to the Solar PV Panel Provider’s account based on the invoice.



LATE PAYMENT CHARGES (LPC) 

Late Payment Charges will be charged based on Ta’widh (Compensation).

During financing PeriodLate Payment Charges (LPC) of 1% per annum will be imposed on the overdue monthly instalment payment in the event you fail to pay any monthly instalment within the stipulated period from the first disbursement of the financing until its maturity date.
After the completion of financing periodPrevailing daily overnight Islamic Interbank Money Market (IIMM) rate will be charged for failure to pay the total outstanding balance after maturity or upon judgment obtained, whichever earlier.



NOTES:

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OR download our Application Form HERE

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