SBI Surya Shakti Solar Finance Scheme under MSME L
Features 1.Target Group : Existing and Prospective SME & Business enterprises, having requirement for installation of Solar rooftop / ground mounted grid-connected systems upto 1 MW capacity. 2.Type of facility : Term Loan 3.Quantum of Loan : Maximum: Rs.4 Crores 4.Borrower’s Margin / Contribution : 20% (minimum) 5.Pricing : Attractive Interest rates based on rating of the Borrower. EBLR linked (for MSMEs) & 6 months MCLR linked (for Non-MSMEs) 6.Repayment Period : Upto 10 years (maximum
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