Model your project savings and peak-demand reduction
Calculate ROIBank Simpanan Nasional solar loan at SBR + 2.62% p.a. — up to RM150,000, 10-year tenure, and the most accessible eligibility in Malaysia with a minimum income of just RM800/month.
Last updated: February 2026 • Rates indicative, subject to bank approval
SBR + 2.62–3.12%
Effective ~4.47–4.97% p.a. at current SBR
Min Income RM 800
Most accessible in Malaysia
Up to 10 Years
Up to RM 150,000 — nationwide access
Bank Simpanan Nasional (BSN) is Malaysia's government savings bank, established under the Ministry of Finance. For solar panel financing, BSN offers several unique advantages that private banks cannot match:
First, the minimum income requirement is just RM800/month — significantly lower than CIMB (RM2,500), Maybank (RM3,000), or Public Bank (RM3,000). This makes BSN the only major bank where lower-income households can qualify for a solar loan.
Second, the interest rate starts at SBR + 2.62% — which translates to approximately 4.47% p.a. at current SBR levels. This is competitive with or better than CIMB's green loan for well-qualified applicants.
Third, BSN has a nationwide branch network including rural areas and East Malaysia (Sabah and Sarawak) — making it the best choice for homeowners in locations where CIMB, Maybank, or Public Bank branches are less accessible.
The main trade-off: BSN processing times can be slightly longer (7–14 working days vs 5–7 for private banks) due to government bank procedures.
| Loan Product | BSN MyHome Solar / BSN Personal Financing (Green) |
| Interest Rate | SBR + 2.62% to SBR + 3.12% p.a. (effective ~4.47–4.97% p.a.) |
| Minimum Loan Amount | RM 10,000 |
| Maximum Loan Amount | RM 150,000 |
| Tenure | 2 to 10 years |
| Processing Fee | RM 100 to RM 200 (varies by loan amount) |
| Early Settlement | Allowed — penalty may apply within lock-in period |
| Collateral Required | No — unsecured personal financing |
| Minimum Income | RM 800/month (gross) — lowest among all major banks |
| Eligible Applicants | Malaysian citizens aged 18–60 |
| Islamic Option | Yes — BSN offers Shariah-compliant personal financing |
| Rural Availability | Yes — nationwide branches including East Malaysia |
Rates as of February 2026. SBR is the Standardised Base Rate set by BNM. Subject to BSN credit assessment.
Based on effective rate of approximately 4.47% p.a. (SBR + 2.62% at current SBR). Actual payments depend on your approved rate.
| System Size | Est. System Cost | 5-Year Monthly | 7-Year Monthly | 10-Year Monthly | Est. TNB Savings/mo |
|---|---|---|---|---|---|
| 4kW | RM 14,000 | RM 260 | RM 196 | RM 145 | RM 220–280 |
| 6kW | RM 19,500 | RM 362 | RM 272 | RM 202 | RM 330–420 |
| 8kW | RM 26,000 | RM 482 | RM 362 | RM 269 | RM 440–560 |
| 10kW | RM 32,000 | RM 594 | RM 446 | RM 331 | RM 540–700 |
| 20kW (Commercial) | RM 58,000 | RM 1,078 | RM 810 | RM 601 | RM 900–1,200 |
Estimates at ~4.47% effective rate. Use our savings calculator for a personalised figure.
Free Remote Consultation + RM100 Priority Site Visit (Fully Credited)
Contact Trexon Energy. We visit your property, analyse your electricity bills, and design your solar system. We advise whether BSN, CIMB, or another bank is the optimal fit.
Official Solar Quotation Issued
Receive a formal Trexon quotation within 1 business day — the key document BSN requires to classify your loan as green financing.
Application Submitted to BSN
Trexon compiles your complete application and submits to BSN. For first-time BSN customers, we advise whether you need to open a BSN savings account first to streamline approval.
Approval (7–14 Working Days)
BSN processes applications thoroughly — approval typically takes 7–14 working days. Upon approval, sign the loan agreement at your nearest BSN branch.
Installation & System Go-Live
Funds are disbursed to Trexon. Your solar system is installed within 2 weeks. Trexon handles all Solar ATAP registration — you start saving immediately.
BSN offers the lowest minimum income requirement and competitive rates among all major Malaysian banks for solar panel financing.
| Bank | Type | Rate | Max Tenure | Max Amount | Min Income | Details |
|---|---|---|---|---|---|---|
| BSN | Green Loan | SBR + 2.62–3.12% | 10 yr | RM 150k | RM 800 | Current page |
| CIMB | Green Loan | From 3.5% | 10 yr | RM 150k | RM 2,500 | View details |
| Maybank | Green Loan | SBR + 3.5% | 10 yr | RM 100k | RM 3,000 | View details |
| Public Bank | Personal Loan | From 4.2% | 10 yr | RM 100k | RM 3,000 | View details |
| RHB | Green Loan | From 4.5% | 7 yr | RM 100k | RM 2,000 | View details |
* Rates indicative as of February 2026. View full comparison table
See how your BSN loan repayment compares to your monthly TNB savings. Most homeowners are cash-flow positive from month one.
Open CalculatorWe handle your BSN solar loan application end-to-end. Free remote consultation, quotation, document preparation, and bank follow-up — at no extra charge.
Get Free Remote ConsultationFree eligibility check — we handle your BSN MyHome-i solar loan application end-to-end.
PPA, GITA, Islamic, Credit Card, Green Bank Loans. Find what fits in 60 seconds.
Compare other ways to fund your solar installation in Malaysia — bank loans, Islamic financing, PPA, and more.
Compare green loans from major Malaysian banks
Maybank Green Financing up to RM 200,000
CIMB Green Personal Financing
Public Bank green loan for residential
RHB green financing for solar
Shariah-compliant solar financing