اردو

FWBL Solar Energy Loan – ApnaGhar, ApniBijli

PURPOSE

To meet the challenges of electricity shortages faced by domestic users and high electricity costs by installing a new renewable energy solar panel system at residential premises.
Financing shall be available only for installation of new Solar systems only.

NATURE OF LOAN

Term Loan (i.e. Demand Finance)

Target Market:

Category – I: Salaried Individuals

FINANCING LIMIT

Minimum:Rs. 500,000/-
Maximum: Rs. Rs. 2,000,000/-

TENOR

Maximum: 10 Years

PRICING

Male: 6.00 % per annum
 Female / Transgender: 5 % per annum

MODE OF REPAYMENT

 Monthly / Quarterly

COLLATERAL

Lien on Salary
One Personal Guarantee

Electricity Generation Range:

Generation of electricity ranging from 4KW to 1000 KW or (0.004 MW to 1 MW) for residential consumption and or supply to the distribution companies as per rules set by NEPRA (National Electric Power Regulatory Authority).

BASIC DOCUMENTATION

Category – II: Cash Back Energy Solution

FINANCING LIMIT

Minimum: Rs. 500,000/-(or cost of 4 KW)
Maximum: Rs. 5,000,000/- (or cost of 1MW) * (whichever is lower)

TENOR

Maximum: 10 Years

PRICING

Male: 6.00 % per annum
 Female / Transgender: 5 % per annum

MODE OF REPAYMENT

 Monthly / Quarterly

COLLATERAL

Lien / Pledge over FWBL Deposits / TDRs, Other Bank’s Deposits / TDRs, FCY
Deposits, DSCs, SSCs, RICs, Prize Bonds with 10% minimum margin.

Electricity Generation Range:

Generation of electricity ranging from 4KW to 1000 KW or (0.004 MW to 1 MW) for residential consumption and or supply to the distribution companies as per rules set by NEPRA (National Electric Power Regulatory Authority).

BASIC DOCUMENTATION

AUTHORIZED BRANCHES
All FWBL Branches.
List of all branches
Sr. NoName of Vendor
1 Greaves Pakistan
2 Adaptive Technologies
3 Reon Energy
4 Invertex Technologies
5 Nizam Energy
6 Premier Energy

ELIGIBILITY

AGE CRITERIA

Your monthly
installments will be just
PKR
500000
Pricing (%)