Kuala lumpur: Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) is offering an exclusive financing package for the purchase of new battery electric vehicles (BEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and other hybrid vehicles, including mild hybrid electric vehicles (MHEV).

According to BERNAMA News Agency, the package offers a fixed profit rate as low as 1.88 percent a year, which is described as among the most competitive and lowest rates currently available in the market. The bank stated that this strategic initiative is part of its ongoing commitment to assist Malaysians in coping with the challenges of an increasingly difficult economic environment, including uncertainties in energy supply. It also aims to support the national sustainability agenda, promote green mobility adoption, and expand public access to sustainable transportation.

Bank Rakyat emphasized that the special financing package is specifically designed to ease Malaysians' transition to environmentally friendly vehicles with a lighter financial commitment. The offer is available to all Malaysian citizens, including those employed in the public and private sectors, as well as self-employed individuals.

For further information, customers can visit any auto financing center or nearby Bank Rakyat branch, browse the bank's official website at www.bankrakyat.com.my, or contact the Bank Rakyat call center at 1-300-80-5454.

Additionally, Bank Rakyat was among the earliest financial institutions to provide EV charging facilities at its premises, with 20 EV charging stations installed at Menara Berkembar Bank Rakyat, Jalan Rakyat.