Eligibility Criteria for Solar Loan:
- Individuals/HUF/Farmers/Traders/Bussinessmen/Proprietorship concerns/Professionals/Salaried persons/Institution etc.
Purpose of Solar Energy Loan:
- Installation of solar lighting system,Solar water heating system,solar latern etc.
Amount of Solar Finance:
- Maximum ₹10 lakh.
Period of Solar Loan:
- Maximum up to 60 months.
Security for Solar Energy Loan:
- Hypothecation of solar energy products with accessories installed.
- Third party solvent co-obligation/guarantee.
- Equal/Equated Monthly/quaterly/half yearly/yearly Installments.
- 15% of the project cost.
Rate of Interest for Solar Energy Loan:
- View Latest Rate of Interest
- View Service Charges.
- Upfront charges will be collected (wherever applicable) towards legal, valuation, BIR etc.
The above information is subject to terms and conditions.For more details, please contact the nearest Branch