Frequently Asked Question Related To Solar

How can I avail loan for solar PV system?

Depending upon your user category you can choose between various loan facilities such as home loans, retail loans, business loans, etc. If you are a residential customer, you could avail a top-up home loan or a consumer/ retail loan or something as simple as credit card linked payment plan. Banks also provide loans to commercial and industrial consumers for installing solar PV systems. RBI has also accorded ‘Solar’ a Priority Sector Lending status mandating banks to provide loans for solar at preferential interest rates.

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