Clean Energy Product Loan
For purchase of solar-based power generators, biomass-based power generators, non-conventional energy based public utilities viz. lighting systems, Solar inverter, etc.
Features
Salient Features
- Up to 80% of market value based on the eligibility conditions
Loan Tenure
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- 1 to 7 years
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Loan Size
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- Upto Rs 10,00,000
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Time line for credit decision on submission of all the required documents
- 2 Days
Pre-sanction Documents
- Aadhaar card
- Any other KYC Documents like Passport/PAN card/Voter’s ID, Driver’s License, etc.
- Proforma invoice / quotation (It should also be ensured that the dealer / supplier give installation certificate along with warranty)
- Feasibility certificate issued by the state electricity board.
TAT for Processing
Within 7 days from the date of receipt of all supporting documents.
