What is 0% installment for solar panels?

0% Installment Payment Plan (IPP) lets you split your solar panel cost into equal monthly payments with no interest. Available via credit cards from Affin, Alliance, AmBank, HSBC, RHB, OCBC, UOB, and Standard Chartered for 3, 6, 12, or 24 months.

Is Islamic solar financing available in Malaysia?

Yes. Bank Islam offers Personal Financing-i from 3.5% profit rate using Murabahah or Tawarruq structures. MBSB Bank, Bank Muamalat, and Maybank Islamic are also available. All products are certified by the respective Syariah Advisory Councils.

How much monthly payment for a 5kW solar system in Malaysia?

For a 5.58 kWp system at RM16,499: 0% IPP over 24 months = ~RM688/month; bank loan at 4% over 7 years = ~RM230/month. Solar savings of RM200–350/month offset a significant portion of the payment.

What documents do I need to apply for a solar loan in Malaysia?

NRIC copy, latest 3 months salary slips or EA form, 6 months bank statements, latest TNB electricity bill, official solar quotation from Trexon Energy, and SPA or title deed or tenancy agreement for the property.

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7+ Financing Options · From RM0 Upfront

Solar Loan Malaysia 2026 0% Installment to Bank Loans

Every solar financing option in Malaysia — compared side by side. Bank loans from 3.88%, 0% IPP, Islamic financing. Find the best option for your budget.

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Best Total Value

Bank Loan

From 3.88% p.a.

Tenure: 5–10 years

Upfront: RM0

CIMB, Maybank, Public Bank, RHB green loans. Lowest long-term cost.

No Interest

0% Installment

0% interest

Tenure: 3–24 months

Upfront: RM0

Credit card IPP via 8 banks. Keep your card rewards too.

No Monthly Payment

0% interest

Tenure: Lump sum

Upfront: From balance

Use. Zero monthly commitment after withdrawal.

Syariah-compliant

Islamic Financing

From 3.5% profit

Tenure: 5–10 years

Upfront: RM0

Bank Islam, MBSB, Bank Muamalat. Murabahah/Tawarruq structure.

Fixed Budget

Hire Purchase

From 3.5%

Tenure: 5–7 years

Upfront: RM0

Predictable fixed monthly payments. Ownership transfers at end of term.

Fast Approval

BNPL

0% (short-term)

Tenure: 3–6 months

Upfront: RM0

Atome, SPayLater. Minimal documentation for partial payments.

Zero Capex

PPA

Pay per kWh

Tenure: 10–25 years

Upfront: RM0

No ownership, no maintenance. Pay only for solar electricity generated.

Fastest Payback

Cash Purchase

0% — no financing

Tenure: Immediate

Upfront: Full amount

Best ROI. No interest cost. Fastest 4.5–6 year payback period.

Bank Loan Rate Comparison

Green loan rates updated March 2026. All rates are indicative — subject to credit assessment.

Bank	Interest Rate	Max Tenure	Max Amount	Key Feature
CIMB BankBest Rate	From 3.88% p.a.	10 years	RM150,000	Lowest green loan rate in Malaysia
MaybankFast	From 4.0% p.a.	7 years	RM100,000	24-hour approval for existing customers
Public BankHigh Limit	From 4.2% p.a.	10 years	RM200,000	Highest loan ceiling — ideal for large systems
RHB BankEasy Apply	From 4.5% p.a.	7 years	RM80,000	Lowest minimum loan, simple documentation
Hong LeongGreen Focus	From 4.38% p.a.	7 years	RM100,000	Green energy specialist product
Bank IslamIslamic	From 3.5% profit	10 years	RM150,000	Syariah-compliant Murabahah structure

CIMB BankFrom 3.88% p.a.

Tenure: 10 yearsMax: RM150,000

Lowest green loan rate

MaybankFrom 4.0% p.a.

Tenure: 7 yearsMax: RM100,000

24-hr approval for existing customers

Public BankFrom 4.2% p.a.

Tenure: 10 yearsMax: RM200,000

Highest loan ceiling

RHB BankFrom 4.5% p.a.

Tenure: 7 yearsMax: RM80,000

Simple documentation

Bank IslamFrom 3.5% profit

Tenure: 10 yearsMax: RM150,000

Syariah-compliant

Rates are indicative and subject to individual credit assessment. Trexon provides official quotations required for all bank loan applications.

0% Installment — Zero Interest, Split Into Monthly Payments

Available via credit card IPP through 8 partner banks. Keep your rewards points.

Affin Bank

3, 6, 12, 24 months

AmBank

3, 6, 12, 24 months

HSBC

6, 12, 24 months

RHB Bank

3, 6, 12 months

OCBC

3, 6, 12, 24 months

UOB

3, 6, 12, 24 months

Standard Chartered

6, 12, 24 months

Alliance Bank

3, 6, 12 months

24 months at 0% IPP

RM688/mo

RM16,499 (5.58 kWp)

Highest monthly, fully owned in 2 years

12 months at 0% IPP

RM1,375/mo

RM16,499 (5.58 kWp)

Medium term, no interest

6 months at 0% IPP

RM2,750/mo

RM16,499 (5.58 kWp)

Fastest payoff, most savings

Monthly Payment vs. Monthly Savings

For a 6.82 kWp system at RM17,999. Solar savings offset most or all of your repayment.

Pay: RM0/mo

Save: RM350–500/mo

Net: RM350–500 gain

Bank Loan 7yr

Pay: RM245/mo

Save: RM350–500/mo

Net: RM105–255 gain

0% IPP 24mo

Pay: RM750/mo

Save: RM350–500/mo

Net: RM250 net cost

Hire Purchase

Pay: RM260/mo

Save: RM350–500/mo

Net: RM90–240 gain

Financing FAQs

Which bank gives the best solar loan in Malaysia?

CIMB Bank offers the lowest starting rate at 3.88% p.a. for green loans with tenures up to 10 years. For Islamic financing, Bank Islam offers from 3.5% profit rate. For zero-interest, use 0% IPP via any of our 8 partner banks.

Can I use to pay for solar panels?

Yes. s are approved for solar installations under the green investment category. You can withdraw up to the full installation cost (subject to your balance). Trexon provides all required documents. Processing takes 2–4 weeks.

What is 0% installment and which banks offer it?

0% IPP (Installment Payment Plan) splits your solar cost into equal monthly payments with zero interest via credit card. Available from Affin, Alliance, AmBank, HSBC, RHB, OCBC, UOB, and Standard Chartered for 3–24 months.

Is Islamic solar financing (pembiayaan solar Islam) available?

Yes. Bank Islam, MBSB Bank, Bank Muamalat, and Maybank Islamic all offer Syariah-compliant financing using Murabahah or Tawarruq structures. Profit rates start from 3.5%. All products are certified by the respective Syariah Advisory Councils.

Will a solar loan affect my future property loan application?

A solar personal loan increases your Debt Service Ratio (DSR), which may affect future mortgage applications. If you plan to take a property loan within 2 years, consider (no DSR impact) or 0% IPP on credit card (treated differently by banks). Consult your banker.

What documents are needed for a solar loan application?

NRIC copy, latest 3 months salary slips (or EA form), 6 months bank statements, latest TNB electricity bill, official Trexon quotation, and property documents (SPA/title deed/tenancy agreement). Self-employed applicants need 2 years of financial statements.

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