Solar Product Financing

Solar Module Financing is a medium term facility provided to clients / farmers seeking financial assistance in purchase and installation of various Solar system ( Solar Water Heating, Solar Pumps, Solar Lantern, Solar Home Lighting, Solar inverter, Solar Street light) and any other system considered eligible by the NBFC.

The objective of this product is to promote use of Solar systems for domestic and irrigation purpose and encourage farmers to invest and utilise renewable source of energy by providing Credit facility in hassle free manner and at reasonable terms.

  • Maximum Tenure : 60 months
  • Minimum Margin : 20%
  • Processing fees : 1%+ST
  • Interest rate : 17%