Sustainability is something everyone’s working towards, and financial institutions are no exception. RHB’s Sustainable Financing supports a variety of green initiatives from the purchase of renewable energy equipment for homes and businesses, to the purchase and construction of green buildings, and even to help small and medium enterprises (SME) in the green and/or digital spheres.
This being a car site, we’ll look at RHB’s Vehicle Financing-i (Variable Rate) campaign, under which are three packages to choose from – Green Financing, Used Car Financing and Volvo Car Finance.
RHB’s Green Financing offers rates as low as 0.94% per annum + Standardised Base Rate Islamic (SBRI), or a fixed-rate equivalent of 2.1% per annum. This package is applicable to new or new unregistered reconditioned hybrids, plug-in hybrids (PHEV) or battery-electric vehicles (EV) with minimum financing amount of RM100,000 and up to RM500,000.
Looking to buy a used car not more than 10 years old? RHB’s Used Car Financing offers rates as low as 2.61% per annum + SBRI, or a fixed-rate equivalent of 3.07% per annum.
Lastly, if you’re eyeing a new, pre-owned, demo or pre-registered Volvo, you can go as low as 0.76% per annum + SBRI, or a fixed-rate equivalent of 2% per annum, with RHB’s Volvo Car Finance Package.
On top of all that, variable-rate financing gives you flexibility throughout the tenure by allowing you to save more overall when you pay extra, as the profit charges are calculated daily based on your remaining principal balance, like a home loan. Sustainability has never been so flexible – learn more here.
Looking to sell your car? Sell it with Carro.
