TJSB Industrial Solar Scheme

We have devised special loan scheme for the Purchase / Installation of Solar Panels for Captive Consumption
(Own use by business entities).

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Type of Loan :Term Loan
Purpose : Purchase / Installation of Solar Panels for Captive Consumption (Own use by business entities)
Loan Amount : Loan Amount: Maximum Up to Rs. 500.00* Lakhs for Single Entity & Maximum Up to Rs. 1000.00* Lakhs for Group Entity.
Repayment :Maximum 84 months including moratorium period maximum 12 months
Rate of Interest : Linked with PLR As per Banks Credit rating
Easy Documentation
Prompt Sanction

Who can borrow
Proprietary firms, Registered Partnership firms, LLPS, Pvt Ltd companies, Ltd companies etc. The Firm/Company /Unit should have been in the same line of business for at least 3 years.
Primary Security
Hypothecation of Solar panel with allied assets to be purchased/installed.
Collateral Security
Immovable security /liquid security

* “Conditions Apply. Loan at the sole discretion of the Bank”