Finance

Ministry of Finance has advised banks to encourage the Home Loan / Home improvement loan seekers to install Rooftop Solar PVs and include the cost of such equipment in their Housing Loan proposals. RBI too has included renewable energy under the priority lending category thereby easing the process. Customers planning to install rooftop PV systems for their new homes can approach nationalized banks and avail loans of up to 10 lakhs.
If you already own a home, then you can take a home improvement loan for installing solar rooftop system. A home improvement loan fetches you a tax benefit on the interest component, that is, you can avail a deduction of up to Rs. 30,000 per annum (under section 24) for the interest that you pay on these loans.

As per the Ministry of Finance the customers can opt for solar loan for your Residence, industries and commercial building. Having taken this loan you can avail tax benefits for the interest paid.
We are tied up Ecofy finance company to help our customer get loan up to 80% of the project value. Ecofy provides collateral free financing for our Residential, Commercial and Industrial customers. As per the survey Ecofy has community of 48,500+ customers across different sectors and has created 17,367+ tonnes of carbon emission savings during Nov 2024. Kindly visit Ecofy website for your loan enquiry : https://www.ecofy.co.in/