Dhanam Green Loan
Dhanam Green Loan
Dhanan Green Loan providing for Installation of Solar Power Equipment
Maximum Loan Amount: Rs.10 Lakhs
Rate of Interest: 9.80% *
Features
Tenure:
- For existing Home Loan/LAP customers -Upto 15 Years
- For others-Upto 5 Years
Margin:
- 5% of project cost shall be contributed by borrower for exposure with collateral.
- 10% of project cost shall be contributed by borrower for exposure without collateral.
- 20% for exposure wherever subsidy and collateral not available.
Security:
- Primary: Hypothecation of the Solar Lighting System panel / equipment financed by the Bank together with accessories.
- Collateral : Not mandatory for residential installations
*Conditions Apply
