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Captive / Third Party / PM Kusum Solar Project Loan

• Purpose - To Install Solar Project
• Rate of Interest :
  • (1) 8.50% to 9.25% based on collateral security and loan tenure
  • (2) Rating benefit can be given based on Financial Performance of unit (Min. Rate 8.50%)
• Margin :
  • (1) Quotation - 25% for captive and Third Party
  • (2) Quotation - 10% for PM Kusum
• Required Collateral Security :
  • (1) 80% for captive
  • (2) 100% for Third Party
  • (3) 70% for PM Kusum
• Duration :
  • (1) 96 Months for Captive and Third Party
  • (2) 180 Months for PM Kusum

*Conditions Apply