RHB supports the adoption of EVs with rates from as low as fixed-rate equivalent of 2.10% per annum

RHB supports the adoption of  EVs with rates from as low as fixed-rate equivalent of 2.10% per annum

Looking into the purchase of a new battery-electric vehicle? RHB Green Financing is offering financing rates from as low as 3.00% + 0.94% per annum on Standardised Base Rate Islamic (SBRI), or at a fixed-rate equivalent of 2.1% per annum.

Battery-electric vehicles are eligible for the RHB Vehicle Financing-i offering, which brings up to 90% margin of financing for a tenure of up to nine years. The maximum sum of financing is RM500,000, which is a generous sum that will open the doors to premium and highly advanced electrified vehicles on the market today. Additionally, any purchase of an EV through RHB Vehicle Financing-i will be accompanied by RM210 in complimentary charging credits from RHB.

RHB Vehicle Financing-i is to facilitate the purchase of eco-friendly automobiles such as hybrid, plug-in hybrid and electric vehicles which are classified as green products, which is one of four green pillars – including green energy, green buildings and green process – in support of sustainable progress.

Recently, RHB Bank won ESGBusiness Awards 2024’s Sustainable Transportation Infrastructure Award in recognition of its contributions to green mobility and sustainability through its sustainable vehicle financing products.

Find out more about sustainable financing schemes, including RHB Vehicle Financing-i from the RHB website, here.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.