Green Loan

Invest in a Sustainable Future with Green Loans Go green and save on energy costs with our Green Loan, specifically designed for solar panel installations. Invest in a sustainable future while enjoying attractive interest rates and flexible repayment plans tailored to make renewable energy affordable for everyone.

Green Loan

Invest in a Sustainable Future with Green Loans Go green and save on energy costs with our Green Loan, specifically designed for solar panel installations. Invest in a sustainable future while enjoying attractive interest rates and flexible repayment plans tailored to make renewable energy affordable for everyone.

Key Features

Loan Amount

5 lacs – 1 Cr

Tenure

Upto 5 years

Interest rate

Starting from 10.99%*

Eligibility Criteria

Criteria Requirement
Age 21 to 50 years for Individual applicants
Employment Status All the business owners like proprietorship firm, Pvt ltd company, partnership firm, HUF, LLP, trust/society etc. Also salary holders can apply. NA to housing societies
Credit Score 700+ subject to financial assessment as per internal policy excluding housing societies
Property It has to be RCC. Proper records of documents in case of individuals and entity*
Citizen Only Indian resident is eligible

EMI Calculator

Loan Amount
5L 1Cr
Loan Tenure years
1Y 5Y
Interest Rate(% p.a.) %
10.99% 24%
Your loan EMI is
66,165/-
Principal Amount 13,00,000/-
Interest Amount 2,87,960/-

Fees and charges

Features and Fees Charges
Interest rate 10.99%* pa onwards
Loan amount 5 lacs to 1 Cr
Processing Fees 1% to 2% of loan amount + applicable taxes
Loan Tenure 12 months to 60 months

Documents required

KYC Documents

Aadhar Card

PAN card

Income Documents
  • Business proof/Income proof
  • 3 year ITRs
  • Recent Electricity bill
  • Additional as per internal policy

Loan process

Step 1

Apply for Loan

Step 2

Our team will contact you

Step 3

Credit check

Step 4

Sanction of loan

Step 5

Disbursal documentation

Step 6

Disbursal of Loan

Benefits

money bag

Easy to avail

income

EMI same as your current electricity bill

chargeback

Minimal cost of future electricity bills

secure

No Hidden Charges

Frequently asked questions

What is a Green Loan and what can I use it for?

Our Green Loan is designed to support eco-friendly initiatives, financing assets like EV batteries, EVs, and Solar Panels to reduce carbon emissions and promote sustainability.

What are the benefits of installing solar panels?

By installing solar panels, you’ll enjoy reduced electricity dependency, minimized costs, and a clear conscience knowing you’re contributing to a cleaner environment.

How much can I borrow under the Green Loan?

We offer financing up to 80% of the project cost, based on your income eligibility, to help make your sustainable dreams a reality.

Can I use the Green Loan to upgrade my existing solar panel system?

Absolutely! You can install additional kWp solar panels to upgrade your existing system and continue to reduce your carbon footprint.

How does the Green Loan impact my electricity bills?

After repaying the loan, you’ll enjoy minimal* electricity costs, freeing up resources for what matters most.

Can I get a Green Loan if I'm renting my property?

Yes, as long as you own the property, we’re here to support your sustainable endeavors.

What happens if I sell my property before repaying the Green Loan?

If you sell your property, you’ll need to foreclose the loan amount with interest payable, but we’re confident the benefits will far outweigh the costs.

How does the Green Loan impact my property value?

By installing solar panels, you’ll not only increase your property value but also contribute to a sustainable future – a win-win!