Fulfill your rooftop solar goals today with our easy Solar Loan facility from Valmiki Urban Co-Op Bank Ltd. offers quick processing, flexible repayment options, and hassle-free documentation.
Features & Benefits
- Finance available for new solar project for dwelling house
- Quick and immediate loan sansaction
- Attractive and competitive interest rates
- Flexible repayment tenure
- Simple documentation process
- Convenient EMI repayment options
- No hidden charges
- Fast disbursement of loan amount
Loan Details
- The loan amount will be up to 80% of the project cost or up to the bank's exposure limit, whichever is lower
- Interest rate: As per Interest chart display on website
Purpose of Solar Loan
Our Solar Loan can be used for:
- Rooftop Solar Systems
- Residential Solar Systems
- Commercial & Industrial Use
- System Upgrades
- Government Scheme Integrations
Eligibility
- Individuals with sufficient income sources
- Security: Hypothecation of financed solar equipment and additional collateral specified by the bank
- Maximum Loan Period: as per bank
Documents Required
- Solar project quotation
- Aadhaar Card / PAN Card
- Address proof
- Salary slips / Income proof
- Property document
- Bank statements
- Income Tax Returns (if applicable)
- Passport-size photographs
- KYC documents as per bank norms
Loan Security & Repayment
- Flexible EMI repayment options
- Guarantors or collateral may be required as per bank policy
- Loan amount based on income eligibility and repayment capacity
Apply Today
Visit your nearest branch of Valmiki Urban Co-Op Bank Ltd and get the financial assistance you need with a reliable Solar Loan solution.
