50% OF THE INTEREST PAID BY THE GOVERNMENT
Loans are granted to promote solar energy aiming at converting every housing unit as a solar unit under the “SOLAR SUPPLY” programme of the government and the house owners can supply their energy requirement at a lower cost while earning an additional income by selling the energy generated by the solar cells in their houses. It is expected to convert 1,000,000 housing units to solar power units under this scheme and maximum amount of Rs. 350,000 is provided for a house owner.
I would like to convert solar power system at my house.how can I get the bank loan and explain me what I want to do.
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