Loan for Solar Plant

Loan for Solar Plant

A Loan for Solar Plant is a specialized financing solution that enables businesses, industries, and individuals to install solar power systems without large upfront capital. From rooftop solar panels and ground-mounted plants to solar farms and hybrid systems, this loan ensures clean energy adoption while reducing electricity costs.

With flexible repayment options, quick disbursals, and business-friendly EMIs, Relook Solar Plant Loan supports MSMEs, corporates, and residential customers in adopting renewable energy. Whether it’s installing a rooftop solar plant, expanding existing capacity, or setting up a commercial-scale solar farm, we provide financial assistance to make solar energy accessible and affordable.

Investing in solar energy helps reduce dependency on conventional power, ensures long-term savings, and contributes to sustainability. Our Solar Plant Loan solutions make green energy adoption simple, cost-effective, and stress-free.

0.50% to 2% of Loan Amount

Loan Processing Fees

Nil

Loan Cancellation

As per actual

Legal Fees

Nil to 4% (According to bank / NBFC)

Foreclosure

Features and Benefits of Solar Plant Loan

  1. Wide Usage:
    1. Finance available for rooftop solar, ground-mounted plants, hybrid systems, and large-scale solar farms.
  2. Affordable EMIs:
    1. Repayment plans customized to electricity savings and business cash flow.
  3. Flexible Tenure:
    1. Choose repayment tenure ranging from 1 to 12 years depending on project size and cost.
  4. Quick Disbursal:
    1. Fast loan approval with minimal documentation to avoid installation delays.
  5. High Loan Amounts:
    1. Funding available for residential, commercial, and industrial solar projects.
  6. Eco-Friendly Investment:
    1. Adopt renewable energy, reduce carbon footprint, and ensure long-term energy savings.

Eligibility Criteria for Solar Plant Loan

At Relook Leasing & Finance Pvt. Ltd., we provide tailored loan solutions for solar projects. Here’s what you need to qualify:

Applicant Type:

Individuals, housing societies, MSMEs, corporates, and industries can apply for Solar Plant Loan.

Business/Property Vintage:

Minimum 1 year of ownership/operation of property or business.

Income:

Stable income or business turnover ensuring repayment capacity.

Credit Score:

A score of 675+ is recommended. Higher scores ensure faster approval and better terms.

Project Details:

Quotation, project report, or purchase order of solar panels/equipment.

Documents Required for Solar Plant Loan

Please keep the following documents ready to apply for Solar Plant Loan with Relook Leasing & Finance Pvt. Ltd.:

  • Proof of Identity
    • Aadhaar Card / PAN Card / Passport / Voter ID / Driving License
  • Proof of Address
    • Utility Bills / Aadhaar Card / Registered Lease Agreement
  • Ownership / Business Proof
    • Property Ownership Papers / Business Registration Certificate / GST Registration
  • Financial Documents
    • Last 2–3 years’ audited financial statements (for businesses)
    • Latest 12 months’ bank statements
    • ITR (if applicable)
  • Project Documents
    • Quotation, Invoice, or Purchase Order of Solar Plant Equipment
    • Project feasibility report (for large-scale plants)
  • Other Documents
    • PAN Card of applicant/promoter
    • Recent passport-size photographs
    • Signature verification proof

Frequently Asked Questions – Solar Plant Loan

A Solar Plant Loan is a financing solution that helps individuals, businesses, and industries install solar power systems without high upfront costs.

Homeowners, housing societies, businesses, factories, MSMEs, and corporates can apply for a Solar Plant Loan.

You can finance rooftop solar systems, commercial plants, industrial-scale projects, and ground-mounted solar farms.

Relook offers flexible repayment options ranging from 1 to 12 years, depending on the project size and cost.

Key documents include KYC, property/business proof, financial statements, and solar project quotation/invoice.

Yes, both startups and individual homeowners can apply if they meet the minimum eligibility criteria and provide necessary project documents.

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