Posted on Leave a comment

Bank loans for rooftop solar installations for home

Public Sector Bank loans for rooftop solar installations for home

Public Sector Banks (PSBs) are to offer loans for rooftop solar installations  to home loan / home improvement proposals of individual customers. Nearing Rs.7 per kWh without any subsidy, rooftop solutions have become feasible in India. Governement is providing 15 per cent subsidy on these insallations. Some banks that have already issued instructions to start offering this loan. These are Bank of India –  IOB Surya  Syndicate Bank State Bank of India Dena Bank Central Bank of India Punjab National Bank Allahabad Bank andShopOnline.Solar Indian Overseas Bank Contact us  at ShopOnline.Solar to put you through to a panel of  EPC contractors (engineering, procurement and construction contractors) near your location.