· Target Group : Existing and Prospective SME & Business enterprises, having requirement for installation of Solar rooftop / ground mounted grid-connected systems upto 1 MW capacity.

·       Type of facility : Term Loan

·       Quantum of Loan : Maximum: Rs.4 Crores

·       Borrower’s Margin / Contribution : 20% (minimum)

·       Pricing : Attractive Interest rates based on rating of the Borrower.
EBLR linked (for MSMEs) & 6 months MCLR linked (for Non-MSMEs)

·       Repayment Period : Upto 10 years (maximum incl. initial moratorium of 6 months)

·       Upfront fees / charges : 1% of Term loan amount + applicable GST

·       Processing of loans : Centralised Processing for quick Turn Around Time (TAT)