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Finance Scheme

Punjab National Bank

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

7 Lakhs

Max. Loan Tenure

120 Months

Net Interest rate to consumer (% p.a.)

RLLR+BSP-2.25% i.e. presently 7.00% p.a

State Bank Of India

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

6 Lakhs

Max. Loan Tenure

120 Months

Net Interest rate to consumer (% p.a.)

EBLR - 2.15% Effective Rate as on date: 10.15%

IDBI Bank

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

7 Lakhs

Max. Loan Tenure

120 Months

Net Interest rate to consumer (% p.a.)

For SFMF 10% For Non SFMF 11 % and Commercial 12.15 % (Reducing Rate)

HDFC Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Up to Rs 40 lakh

Max. Loan Tenure

5 Years

Net Interest rate to consumer (% p.a.)

11% to 12.5% p.a. (flat)

Indian Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

2 Lakhs

Max. Loan Tenure

10 years

Net Interest rate to consumer (% p.a.)

ROI –Repo ( at present 6.50%)+Prime Spread (2.70%) – BSD (2.20%) presently 7%

Bank Of Baroda

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

2 Lakhs

Max. Loan Tenure

10 Years

Net Interest rate to consumer (% p.a.)

For Solar units up to 3 KW : 7% P.A.

Indian Overseas

Margin

For RTS Upto 3KW 10% of Project Cost & For RTS Above 3KW 20% of Project Cost

Processing Fee

For RTS Upto 10KW - NIL & For RTS Above 10KW 0.40% of Loan Amount Subject to max of Rs 5000/-

Max. Loan Amount

20 Lakhs

Max. Loan Tenure

10 Years

Net Interest rate to consumer (% p.a.)

For RTS upto 3kW-7% & For RTS above 3kW-9.35% to 10.50%

UCO Bank

Margin

10% of Project Cost Upto 3KW shall be Contributed by Borrower & 20% of Project Cost Above 3KW shall be Contributed by Borrower

Processing Fee

Nil

Max. Loan Amount

Up to 3KW : Maximum 2 Lakh & Above 3KW: Maximum 6 Lakh

Max. Loan Tenure

Maximum 10 Years + Including Maximum Moratorium Period of 6 Month

Net Interest rate to consumer (% p.a.)

Capacity up to 3KW : UCO Float Rate - 2.30% (Strategic Discount) i.e. 7.00% at present

Bank Of Maharashtra

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

Up to 3 KW – Rs 2.00 lakhs

Max. Loan Tenure

120 months

Net Interest rate to consumer (% p.a.)

For Rooftop Solar Plant Capacity up 3 KW - RLLR - 2.30% , Effective Rate as on date: 7%

Punjab & Sind Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

2 Lakhs

Max. Loan Tenure

10 years

Net Interest rate to consumer (% p.a.)

Reducing 7% (Linked to EBLR)

ICICI Bank

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

6 Lakhs

Max. Loan Tenure

120 months

Net Interest rate to consumer (% p.a.)

Starting 11% p.a.

Saraswat Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Upto 50 lakhs

Max. Loan Tenure

Maximum upto 7 years

Net Interest rate to consumer (% p.a.)

Floating @11.75% p.a.

Electronic Finance

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Upto Rs 2 cr

Max. Loan Tenure

5 Years

Net Interest rate to consumer (% p.a.)

10 to 14%

Mysun

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

70% of Project Cost

Max. Loan Tenure

Maximum Upto 3 years

Net Interest rate to consumer (% p.a.)

Nil

Ecofy

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Upto 100% of project cost

Max. Loan Tenure

Maximum Upto 4 years

Net Interest rate to consumer (% p.a.)

Upto 12.99%

Credit Fair

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

80% of Project Cost

Max. Loan Tenure

Maximum Upto 5 years

Net Interest rate to consumer (% p.a.)

8.5 to 10.5%

Metafin Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

70% of Project Cost upto 150 kWp

Max. Loan Tenure

Maximum Min 2 years

Net Interest rate to consumer (% p.a.)

14.04%

Choice Finserv

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Upto ₹ 50 Lakhs (Upto 100 KW)

Max. Loan Tenure

Maximum Upto 5 Years (Customised tenure facility also available)

Net Interest rate to consumer (% p.a.)

7% - 13% Flat Rate Of Interest

Paytm

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Upto 100% of project cost

Max. Loan Tenure

Maximum Upto 3 years

Net Interest rate to consumer (% p.a.)

7.46 to 13%

Dhanlaxmi Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

Residential-Rs.10 Lakhs & Commercial-Rs.50 Lakhs

Max. Loan Tenure

Maximum For existing Home Loan/LAP customers - 15 years or residual tenor, whichever is lower 5 years for others and standalone customers

Net Interest rate to consumer (% p.a.)

Dhanam Green Loan with collateral security-9.50% to 9.80% & Dhanam Green Loan with out collateral security-11.50% to 11.80%

Karnataka Bank

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

10 Lakhs

Max. Loan Tenure

Maximum Upto 5 years

Net Interest rate to consumer (% p.a.)

11.16%

Central Bank Of India

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

7 Lakhs

Max. Loan Tenure

120 Months

Net Interest rate to consumer (% p.a.)

ROI at Repo + 0.50% i.e. 7%

Canara Bank

Margin

Minimum 10% of Total Project cost shall be contributed by the Borrower

Processing Fee

Nil

Max. Loan Amount

Maximum upto Rs.2.00 lakh (including subsidy)

Max. Loan Tenure

10 Years

Net Interest rate to consumer (% p.a.)

Floating ROI Regime # 7.00% (RLLR - 2.25%)

Bank Of India

Margin

Minimum 10% of the Project Cost

Processing Fee

Nil

Max. Loan Amount

6 Lakhs

Max. Loan Tenure

120 Months

Net Interest rate to consumer (% p.a.)

RBLR- 2.25% Minimum 7.00% p.a.

Union Bank Of India

Margin

Nil

Processing Fee

Nil

Max. Loan Amount

90% of project Cost (as per MNRE approved dealer) or 2.00 Lakh

Max. Loan Tenure

120 Months

Net Interest rate to consumer (% p.a.)

EBLR-2.25 % presently 7% pa. Reducing.

Dew Drop

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