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Loan For Installation of Solar Photovoltaic Pump Sets

Particulars Guidelines under the scheme
Purpose To purchase solar photovoltaic water pumping system this consists of PV Array, Motor Pumping Set, Interconnect Cables, and Electronics.
Eligibility Individuals, Group of Individuals, SHGs, JLGs, NGOs, Farmer Clubs, Farmers Producer Organization
Subsidy As per NABARD’s Guidelines in the form of capital subsidy.
Nature of facility Term Loan
Rate of Interest Click Here
Margin Minimum of 20% of the Total Project Outlay
Repayment Period Maximum of 10 years
Security Loan up to Rs.100000/-
  • Hyp of Solar Photovoltaic Pumps
Loan above Rs.100000/- and up to Rs. 500000/-
  • Hyp of Solar Photovoltaic Pumps
  • Third party Guarantee
Loan above Rs. 500000/-
  • Hyp of Solar Photovoltaic Pumps
  • Mortgage of Land

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