Solar loans provide financing for the purchase and installation of solar panels, helping homeowners reduce electricity costs while promoting renewable energy.You own the solar system, making you eligible for subsidies and reducing your energy bill immediately.It allowing borrowers to repay the cost via monthly EMIs over 2 to 15 years.

•     Rate of Interest:-10%
•     Processing fees:-1%+18% GST
•     Loan limit:-25 lakhs
•     Tenures:-3 Yrs,5 Yrs
•     Borrowers age limit:-Min.21  Yrs,Max.60 Yrs
•     Monthly EMI For 1 Year:-EMI Rs.3230/- for      loan upto 1 lakh
•     Monthly EMI For 5 Year:-EMI Rs.2130/- for loan upto 1 lakh   

​Terms and Conditions:-

•      75% loan sanctioned on solar  quotation
•      Borrower should not defaulter in   any other bank.
•      2 guarantors compulsory
•      Light bill required

Documents Requirement:

• Adhar
• PAN Card
• Light bill
• Shop Act License
• Udyam certificate
• Bank Statement