Jk Bank Loan For Solar Equipments Check Eligibility
- For Purchase & Installation Of Off-Grid Solar Lighting & Photo –Voltaic Systems (Solar Inverters). The Finance Shall Be Granted For The Purchase Of The System From Authorized Dealers Of Reputed Companies.
- Confirmed Employees of: Government /Semi-Government Departments/Bodies/Agencies & Public Sector Undertakings.
- Permanent Employees of Private Companies or Reputed Establishments with minimum 2 years association with the Current Employer and maintaining salary account with us.
- Professionals, Self Employed Individuals & Businessmen with at least 2 years of experience in profession/business
- Retired Govt. Employees with age not more than 70 years on maturity of loan.
- Persons engaged in agricultural and allied activities.
QUANTUM OF FINANCE
- Individuals: 12 times net monthly salary/ pension / income.
Persons engaged in agricultural and allied activities: Maximum of 2 times net annual income as certified by concerned Tehsildar.
- The maximum quantum of finance shall not exceed Rs 50000.00
- Rs. 500.00 plus applicable GST.
RATE OF INTEREST (SUBJECT TO CHANGE)
- Fixed rate of interest @ 3 year MCLR plus 3 % with monthly rests.
- Maximum Tenor of Loan shall not exceed 36 months