Rooftop Solar Photovoltaic (PV) Loan
Finance your business's transition to clean, cost-saving rooftop solar energy with our tailored loan.
Overview
Power your business with a clean and low-cost source of energy. Our Rooftop Solar Photovoltaic (PV) Loan provides businesses with the financing solution you need to install a rooftop solar energy system. Make a strategic investment that cuts operational costs, raises energy security, and reduces your carbon footprint.
Moving to solar energy is a sound business decision, providing you long-term financial and environmental benefit. We make it easier than ever with our flexible financing options for businesses looking to power their business in clean energy.
Features
Flexible Tenure: 8 years including construction moratorium period upto 12 months
Loan amount starting from 20 Lakh to 5 Crore
Upto 80% financing
Why Invest in Business Rooftop Solar PV?
- Achieve Energy Security: Gain Greater independence for gird fluctuations and costly energy tariff.
- Reduce Operating Costs: Substantially cut down your monthly electricity expenses, directly impacting your bottom line.
- Enhance Brand Image & CSR: Showcase your commitment to sustainability, appealing to eco-conscious customers and stakeholders.
- Long-Term ROI: A solar PV system is a valuable asset that provides significant returns over its lifespan through energy savings.
- Operational Efficiency: Ensure a stable power supply for critical business operations.
Eligibility Consideration
| Criterion | Description |
| Business entities | Sole proprietorship firms, partnership firms or companies (private limited or public limited) |
| Nature of Business | Industries, hotels & resorts, hospitals, cold stores, housing companies, Commercial buildings, educational institutions, others etc. |
| Roof Area | Availability of sufficient roof area or open space required to install the solar PV system |
| Ownership of property | Businesses should either own the premises or have long term lease agreement allowing for solar PV installation |