Solar Panel (Roof Top) Project Advances

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Solar Panel (Roof Top) Project Advances Loan

Purpose – For Commercial Purpose (Loans Sanctioned From 01/04/2023)
Interest Rate – 10%
Margin – 20% of Quotation Including GST
Duration – 84 to 120 Months

Documentation For Applicant :
  • (1)Passport Size Photos
  • (2)Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)
  • (3)Date of Birth proof
  • (4) Applicant’s Income Proof :
    (i) In case of a Firm/Co. PAN Card and Registration of Firm
    Copy of Partnership Deed (in case of partnership firm).
    In case of private limited co., a copy MoA or AoA
    Copy of Income Tax return and Statement Of Total Income
    Firm’s Last 3 Years’ Trading A/C, Profit & Loss A/C and Balance Sheet with Schedules.
    Business Proof (Any Govt. Certificate) - Partner's or Director's IT Return.
  • (5) If maintaining account with other bank then copy of bank statement and details of loan availed, if any
  • (6) Sales Tax return copy of last year and copy of last year’s sales tax payment receipt.
  • (7) Quotation
Documentation For Guarantor :
  • (1) Passport Size Photos
  • (2) Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)
  • (3) Date of Birth proof, if photo ID does not have Birth Date mentioned
  • (4) Income Proof :
    (i) If employed, salary slip of last month and copy of Form-16, IT Return and Statement of Total Income
    (ii) In case of a Firm/Co.
    Copy of Partnership Deed (in case of partnership firm)
    Copy of Income Tax Assessment Order
    In case of private limited company, a copy of Memorandum and Articles of Association
    Firm’s Last 1 Year's Trading A/C, Profit & Loss A/C and Balance Sheet
  • (5) Guarantor's Property Documents : City Surveyors Certificate / 7/12 Copy / Certificate Given by the Society / Tax Bill
Note : Certified / Self Attested copies should be attached with this application form

Please Note that this list is Indicative. The Bank may ask for further Document If Necessary.




Solar Panel Loan For House Purpose

Purpose – For House Purpose
Interest Rate – 10 %
Margin – 20% of Quotation Including GST
Duration – 60 Months

Documentation For Applicant :
  • (1)Passport Size Photos
  • (2)Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)
  • (3)Date of Birth proof
  • (4) Applicant’s Income Proof :
    (i) If employed, salary slip of last month and copy of Form-16, IT Return and Statement of Total Income
    (ii) In case of a Firm/Co.
    Copy of Partnership Deed (in case of partnership firm)
    Copy of Income Tax Return and Statement of Total Income
    Firm’s Last 3 Years’ Trading A/C, Profit & Loss A/C and Balance Sheet
  • (5) If maintaining account with other bank then copy of bank statement and details of loan availed, if any
  • (6) Property Documents : City Surveyor’s Certificate / 7/12 Copy / Certificate Given by the Society / Tax Bill
  • (7) Quotation
Documentation For Guarantor :
  • (1) Passport Size Photos
  • (2) Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)
  • (3) Date of Birth proof, if photo ID does not have Birth Date mentioned
  • (4) Income Proof :
    (i) If employed, salary slip of last month and copy of Form-16, IT Return and Statement of Total Income
    (ii) In case of a Firm/Co.
    Copy of Partnership Deed (in case of partnership firm)
    Copy of Income Tax Assessment Order
    In case of private limited company, a copy of Memorandum and Articles of Association
    Firm’s Last 1 Year's Trading A/C, Profit & Loss A/C and Balance Sheet
  • (5) Guarantor's Property Documents : City Surveyors Certificate / 7/12 Copy / Certificate Given by the Society / Tax Bill
Note : Certified / Self Attested copies should be attached with this application form

Please Note that this list is Indicative. The Bank may ask for further Document If Necessary.

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