Solar Power Loan | SVC CO-OPERATIVE BANK LTD

Key Features

Power up your Home & Business with SVC Bank Solar Power Loan!

Turn Sunlight into Smart Savings!

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Term Loan for Rooftop Solar Plant installation for Individuals at Residential,

Non-individuals at Commercial Property Premises

For Salaried / SEP / SENP

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Loan To Value – 75% of cost

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Other Benefits

To help businesses to strive towards a sustainable future while also helping them save on electricity bills.
Repayment:
- From 3-7 years.

SEP /SENP /Salaried /Business Entity:
- Age – 21 years and above.
- Profitable Business for min. 3 years.
- CIBIL score – 700 and above

25% minimum

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1800 313 2120
Rates & Charges

General:
90 days - 4.75% p.a.*
180 days - 5.75% p.a.*
Above 12 Months to below 14 Months - 6.75% p.a.*

Senior Citizens:
90 days – 5.25% p.a.*
180 days – 6.25% p.a.*
Above 12 Months to below 14 Months – 7.25% p.a.*
Above 60 months to 120 months – 7.35% p.a.*

Tax Exemption Scheme:
5 years - 6.60% p.a.*

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Home Loan: 7.90%* p.a onwards

Gold Loan: 9.00%* p.a. onwards

New Four Wheelers (Personal Use): 8.60%* p.a. onwards

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Savings Deposits: 2.75% p.a.

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