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Installation of Solar Home Lighting Systems

Particulars Guidelines under the scheme
Purpose To provide finance to farmers for solar energy home lighting system in rural and semi-urban places for renewable source of energy.

Eligibility

  • Farmers having sufficient source of income for servicing the loan interest and installment.
Quantum of Loan the maximum loan amount will not exceed Rs 50000/-
Nature of facility Term Loan
Rate of Interest
  • As per RBI/Bank’s guidelines revised from time to time.
Margin
  • 15% of the project cost
Repayment Period
  • The loan is to be repaid within 5 years
Subsidy As per government policy ( if available)
Security
  • Hypothecation of solar system.

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