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Perodua Flexiplan launched – Malaysia’s first Shariah-compliant agility car financing with Maybank

Perodua and Maybank Islamic have teamed up for a first-of-its-kind scheme: the Perodua Flexiplan, based on the Maybank Islamic myimpact Drive Financing-i. This Shariah-compliant, agility-focused financing package is the first for Perodua and Maybank.

Through this new Perodua Flexiplan scheme, customers can enjoy a ‘highly-competitive Murabahah Vehicle Term Financing deal which leads to a more affordable monthly payment over an initial five-year term’.

Additionally, at the end of the five-year term, Perodua will buy back the customer’s vehicle at a competitive price compared to market value for the purchase of a new Perodua model. The flexibility in Perodua Flexiplan also means that customers may trade-in freely to a new Perodua model or keep the current vehicle with a revised payment plan (up to an additional 4 years).

According to Perodua, customers can pick between these four models:

The Bezza and Alza are not included in the Perodua Flexiplan scheme.

“Today, both Perodua and Maybank Islamic broke new ground as we join forces to offer the best possible financing package with ensures everybody wins; Perodua, Maybank Islamic and, especially our valued customers,” Perodua President and Chief Executive Officer, Dato’ Sri Zainal Abidin Ahmad said.

“We believe that with the backing of Malaysia’s biggest bank combined with the trust that we have earned from Malaysians; the Perodua Flexiplan will be well accepted,” Dato’ Sri Zainal said.

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“Across the Maybank Group, we have always been committed to empowering our customers with flexible, transparent, inclusive, and sustainable financial solutions, and Maybank Islamic myimpact Drive Financing-i is a reflection to our values-based approach to banking,” said Syed Ahmad Taufik Albar, Group CEO, Community and Financial Services, Maybank.

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“We are proud and excited to provide this innovative approach to all Malaysians alongside Perodua – one that addresses the preferences of modern car buyers and empowering our customers with flexible ownership choices,” he added.

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