DNS Consumer Loan for Installation of Solar Panels for Residential Purposes

Get up to Rs. 5 Lakh for solar panel installation with @11.5%* p.a interest

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Flexible Loan for Solar Panel Installation

Secure a loan of up to Rs. 5 Lakh for residential solar panel installation at an interest rate of @11.5%* p.a. Enjoy flexible repayment options with a tenure of up to 48 months. Minimal documentation required with no margin for loans up to Rs. 50,000.

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Consumer Loan for Installation of Solar Panels Calculator

Loan Amount

1K
100Cr

Tenure (months)

Months
1
480

Interest Rate

%
0%
30%

Monthly EMI

₹0.00

Interest Payable

₹0.00

Disclaimer: The calculator provides estimated EMI; actual figures will be as per RBI guideline. Final calculations will be available at the branch. Floating / Fixed ROI will be available based on customers requirement.

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Features & Benefits

Loan Amount

Loan Amount

Borrow up to Rs. 5 Lakh for solar panel installation, ensuring affordability for residential purposes

Flexible Repayment

Flexible Repayment

Enjoy a repayment tenure of up to 48 months with an affordable interest rate of @11.5%* p.a

Minimal Documentation

Minimal Documentation

Quick processing with minimal paperwork, including proof of income and a simple loan application

Eligibility Criteria

  1. He/She should have regular income as a salaried / professional or self-employed person.

Documents Needed

  1. Loan application in our prescribed format & documentation formalities as per our existing system.
  2. In case of salaried person, last three months salary slips along with Form No.16 for the last 2 financial year to be obtained.
  3. Proforma Invoice / Quotation of dealer for articles to be purchased.

Frequently Asked Questions

You can avail a loan of up to Rs. 5 Lakh for solar panel installation.

The interest rate for this loan is @11.5%* per annum.

The loan can be repaid over a maximum tenure of 48 months.

There is no margin for loan amounts up to Rs. 50,000. For amounts above Rs. 50,000, a 20% margin is required.

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