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AFFIN BizSolar/BizSolar-i
​​​​​​​Financing

Objective

To finance purchase and installation of Solar Panel Photovoltaic System (Solar PV System) for business properties to eligible Small Medium Enterprises (SMEs). 
To align with the Bank’s Environmental, Social, and Governance (“ESG”) commitment in supporting the Government’s 12th Malaysia Plan for renewable and sustainable energy.

Benefits

Financing Purpose

For capital expenditure (CAPEX)

Financing Rate

Subject to customer’s credit rating

Financing Type

Term Loan/ Murabahah Term Financing-i/Tawarruq Term Financing-i

Financing Limit

Maximum financing amounts up to RM 5 million

Margin of Financing

Up to 100% of the total pricing of the Solar PV System (inclusive pricing of the system and installation cost only).

Financing Tenure

Up to ten (10) years or 120 months. 

Eligibility

  • Classification of SME as defined by National SME Development Council/SME Corporation and registered in Malaysia.
  • Malaysian owned or controlled entity with not less than 51% shareholding.

Important Information






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