Hypothecation of Assets created out of loan i.e. Solar Equipment.
REPAYMENT
Maximum 20 Years in EMIs OR the repayment period stipulated under Housing Loan, whichever is earlier.
PROCESSING CHARGES
Nominal processing fee of 0.50% (Min Rs.1500/- and Max. Rs.10,000/-) is charged.
SUBSIDY
Eligible as per Scheme
30% of benchmark cost in general States
70% of the benchmark Cost in special category States i.e. North Eastern States including Sikkim, Uttarakhand, Himachal Pradesh, J&K, Lakshadweep, Andaman and Nicobar Islands.
(To be released by MNRE subject to availability of Funds)
Customers are requested to call on our mentioned Toll Free Numbers only for any complaints/issues. Bank shall not be responsible for any consequences arising out of customers calling any other unverified numbers.