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Here are a few factors
Location | PAN India |
Building Type | Residential/ Commercial/ Industrial |
Applicant Type | Manufacturer/ Trader/ Distributor/ Service Providers of Solar Appliances/ Solar Energy |
Minimum Income Requirement | As per Policy |
Loan Amount | Up to 1 Crore |
Tenure | Maximum 48 Months |
Rate of Interest (Type) |
Starting From 12.75% |
Processing Fee | As Per Loan Amount and Lenderβs Policy |
USP |
Collateral Free Loans Up to 1 Crore/ 100% Digital Process |
Required Documents to Apply for IDFC First Solar Loan
KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
Last 3 month Bank Statement in PDF
Rent Agreement if rented or Utility Bill if residence is owned
About IDFC First Solar Loan
IDFC First Solar Loan offers attractive financing options for solar energy solutions with minimal paperwork and flexible repayment options. It is available for residential and commercial installations, ensuring easy and sustainable energy adoption.
Customers can apply online, submit minimal documents digitally, and get quick approvals, making it a hassle-free process.
Save Your Time with a Simple Loan Process
Visit Our Website
Explore the loan options available.
Select and Apply
Choose the loan that fits your needs.
Submit Your Documents
Upload the required documents digitally.
Get Approved
Receive your loan amount quickly.
FREQUENTLY ASKED QUESTIONS
This financing is intended to assist individuals and companies with the installation of rooftop solar power installations.
Applicants may be solar appliance service providers/energy manufacturers, merchants, or distributors.
Eligibility allows for loans up to βΉ1 crore.
Generally, For the loan approval a CIBIL score of 650 and above is required. Yet you should confirm with your lender before applying.
The period for the loan availed is up to 48 months and starts from 12.75% interest rate.