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Ravi Kiran Loan(Solar Energy)

Ravi Kiran

Eligibility Criteria:

  • Individuals/HUF/Farmers/Traders/Bussinessmen/Proprietorship concerns/Professionals/Salaried persons/Institution etc.

Purpose:

  • Installation of solar lighting system,Solar water heating system,solar latern etc.

Amount of Finance:

  • Maximum ₹10 lakh.

Period of Loan:

  • Maximum up to 60 months.

Security:

  • Hypothecation of solar energy products with accessories installed.
  • Third party solvent co-obligation/guarantee.

Repayment:

  • Equal/Equated Monthly/quaterly/half yearly/yearly Installments.

Margin:

  • 15% of the project cost.

Rate of Interest:

The above information is subject to terms and conditions.For more details, please contact the nearest Branch