FWBL Solar Energy Loan (Apna Karobar, Apni Bijli)

Nature of Loan:

Demand Finance

Purpose of Finance:

For installation of new solar system  by Commercial Users for generation of electricity ranging from 4 KW to 1000 KW

Eligibility:

Business Firms, Male, Female & Transgender

Salient Features:

Financing Limit:

  • Minimum: Rs. 500,000/-
  • Maximum: Rs. 125,000,000/-

Pricing:

  •  Male:                                       6 % per annum flat
  •  Female / Transgender:            5 % per annum flat

Tenor

  • Maximum Ten Years

Mode of Repayment:

  • Equal Monthly /Quarterly installments

Collateral:

  •  Hypothecation of Solar System (panels etc.)
  •  Mortgage of Property
  •  Lien / Pledge over Cash/Prize Bonds/ Saving Certificates
  •  Third Party Guarantee
Basic Documentation:
  •  Limit Application Form
  •  CNIC Copy
  •  Financials/ Projections/Feasibility Report
  •  Latest Income & Wealth Tax Returns
  •  Bank statement
  •  Particulars of equipment to be purchased
  •  Security details
Authorized Branches:

All FWBL Branches

News

Site last updated November 13, 2019 @ 11:23 am

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