100% finance Zero promoter’s contribution FD of 15% to 25% of Loan (interest bearing) Attractive Interest rates Credit Guarantee cover available Simple Loan documentation Direct payment to Supplier Eligible Expenditure Purchase of machinery/equipment Need based civil construction/renovation Acquisition of DG set/other MFAs (including testing equipment, dies & moulds etc.) Margin money for working capital (MMWC). To execute sudden/specific/bulk orders which are self-liquidating nature and are against a min. BBB rated counter party or a state/central government department counter party with a track record in making timely payments Coverage -Solar Panels/Equipment’s (Including all accessories) from established suppliers, manufacturers, aggregators, etc.& Installation cost.
Tenure-Repayment up to 5 years (including moratorium of 3 to 6 months