KBL Ravi Kiran Loan
A forward-thinking financing solution aimed at empowering you to harness the power of solar energy. Whether you're an individual, a farmer, a businessman, or part of an institution, this solar loan makes solar installations like lighting systems, water heating systems, and lanterns accessible and affordable. With a maximum loan amount of ₹10 lakh and flexible repayment options, including EMI facilities, you can make the transition to solar energy without financial strain. Not only does this contribute to a sustainable future, but it also can lead to significant savings on energy costs Read more
Why this loan is for you
Designed to give you just what you need.
Finance for lighting systems, heaters and lanterns
Loan secured against installed solar products
Fast approval and disbursal for timely installation
Make matters simple and straightforward
A smart calculator for smart spending and savings
Emi Calculator
You will pay
₹13,800/Months
Eligibility criteria
- Open to a wide range of applicants including individuals, HUFs, and businesses.
- Suitable for farmers, traders, professionals, and salaried persons
- Accessible to proprietors and institutional entities
As easy as 1,2,3...
Apply for a KBL Ravi Kiran Loan in 3 simple steps
Step 1
Visit your nearest branch
Go to your nearest Karnataka Bank branch
Step 2
Start with your basic details
Provide your basic details and keep your documents handy
Step 3
We’ll take care of the rest
Our branch officials will notify you when your loan is sanctioned
Explore other options for you
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Got questions? We’ve got answers
You can use the loan for installing solar lighting systems, water heating systems, and other solar-powered products to promote green energy.
The loan offers flexible repayment options, including EMIs, allowing you to choose a plan that best fits your financial situation.
For this loan, the collateral is limited to the solar products you install, ensuring your other assets remain unaffected.
The loan is open to a wide range of applicants, including individuals, businesses, and institutions looking to install solar energy systems.
The goal of this loan to finance the installation of solar energy systems. While the loan mainly covers the initial costs of purchasing and installing these systems, it doesn’t typically extend to ongoing maintenance or operational expenses. It's designed to make the initial investment in solar technology more accessible."
Investing in a loan like Ravi Kiran Loan is that they enable the adoption of renewable energy, which can lead to significant savings on electricity bills and a reduction in carbon footprint. Many solar loans come with favorable terms, reflecting the push towards sustainable energy solutions. They may also offer tax benefits or rebates, depending on the region and applicable government policies. Embrace sustainable financing with KBL Ravi Kiran, our initiative for solar financing. Invest in green energy with our solar loan options, and let us help you with solar panel financing. Benefit from favorable solar loan interest rates and contribute to a greener future while also taking advantage of our solar loan scheme.
The interest rates for solar power loans can vary based on the lender, loan amount, and the borrower’s creditworthiness. Some government-subsidized programs offer lower interest rates to promote solar energy adoption. When considering a solar power loan, evaluate the total cost of the system, potential energy savings, payback period, and any available subsidies or tax incentives. Also, consider the lifespan and maintenance costs of the solar system.
Do conduct thorough research on different solar systems and their efficiency. Consider the long-term benefits and savings of the solar installation. Don't overlook any maintenance or additional costs associated with the solar system. Be cautious of long loan tenures that might extend beyond the life expectancy of the solar equipment.
