Perodua has teamed up with Maybank Islamic Berhad to introduce the nation’s first Shariah-compliant agility financing option – the Perodua Flexiplan, powered by Maybank Islamic myimpact Drive Financing-i.
Marking a milestone for both companies, the Flexiplan aims to make vehicle ownership more accessible and adaptable, offering customers competitive financing, guaranteed buy-back options, and flexible ownership choices.
Under the plan, customers will enjoy:
- Attractive Murabahah Vehicle Term Financing for lower monthly payments over an initial five-year term.
- Guaranteed Buy-Back by Perodua at a competitive rate compared to market value, for the purchase of a new Perodua model (terms and conditions apply).
- Ownership Flexibility to either trade in for a new model or keep the current vehicle with a revised payment plan.
The Flexiplan is available for four Perodua models: Myvi, Axia (excluding Axia E), Ativa, and Aruz.
At the end of the five-year term, customers may trade in their existing Perodua for a new one, using the secured residual value to offset the down payment and reset the financing term. Alternatively, they can keep their current car by settling the outstanding balance or extending the financing for up to four additional years under a new repayment schedule.
Perodua President and Chief Executive Officer, Dato’ Sri Zainal Abidin Ahmad, said the collaboration delivers a financing solution where “every party benefits – Perodua, Maybank Islamic, and most importantly, our customers.” He expressed confidence that the partnership, backed by Malaysia’s largest bank and Perodua’s long-standing trust among Malaysians, will see strong market acceptance.
Syed Ahmad Taufik Albar, Group CEO of Community and Financial Services at Maybank, said the initiative reflects the bank’s commitment to “flexible, transparent, inclusive, and sustainable financial solutions” in line with its values-based approach to banking. He added that the partnership with Perodua offers a modern, customer-focused ownership experience.
The new financing programme also strengthens the range of Shariah-compliant solutions available to Perodua owners. These include the Perodua Total Protect Plus comprehensive takaful (underwritten by Etiqa) with an additional RM5,000 special peril coverage, and Credit Reducing Term Takaful for added protection.
By delivering a financing model that is transparent, adaptable, and customer-centric, Perodua and Maybank Islamic aim to set a new standard for vehicle ownership in Malaysia – one that balances affordability with long-term financial well-being.
More details on the Perodua Flexiplan and Maybank Islamic myimpact Drive Financing-i are available through authorised Perodua sales advisors and Maybank branches nationwide.
