Solar finance
Borrow for a complete 1–400 kW solar installation for your home, business or farm, with a minimum 15% down payment.
Questa opportunità è attualmente disponibile in inglese.
The loan finances a complete solar setup, including panels, frames, structures, accessories and equipment. Both systems connected to the electricity grid and independent systems are available.
Salaried individuals can borrow PKR 100,000–5 million. Self-employed professionals, self-employed business owners and agricultural borrowers can borrow PKR 100,000–20 million. For small and medium-sized enterprises (SMEs), the bank decides the amount from the borrower’s financial strength and approval terms, up to PKR 100 million.
You contribute at least 15% of the solar system’s cost as a down payment. The bank charges markup (interest) on the financing. Repay the borrowing in monthly, quarterly or half-yearly instalments over a term of up to seven years. Partial and early repayment are allowed.
Eligibility
- Individuals, SMEs and agricultural borrowers are eligible. You must be a Pakistani or AJK citizen and hold a valid Computerised National Identity Card (CNIC).
- The premises where the solar system will be installed must be owned. You need an account with Sindh Bank and clean results from the bank’s credit-history checks (ECIB, CCIB and Data Check).
- Salaried applicants must be no older than 60 when the loan finishes. For self-employed professionals and business owners, the limit is 65. SME and agricultural applicants’ age conditions depend on bank policy and approval terms.
- A consumer co-borrower must be a close blood relative, such as a parent or sibling, or your spouse. For SME and agricultural borrowing, partners, directors and shareholders can be co-borrowers. When a property owner is included as co-borrower solely because they own the premises, no maximum age applies to that co-borrower.
How to apply
- Stato
- Aperto continuamente
- Restrizioni del bando
- Apply at a Sindh Bank branch or contact a representative using the product-page form.
Apply through a Sindh Bank branch; the facility is available to new as well as existing customers throughout Pakistan. You can also select Solar Financing Facility in the official page’s contact form to connect with a consumer financing representative.
Provide the signed loan application, identity-card copies for the applicant, co-applicants and references, two recent photographs of applicants and co-applicants, the latest paid utility bills for the premises, and the bank’s borrower information sheet (BBFS/CF-1). Biometric verification is required. Provide a one-year account statement where applicable; salaried applicants provide their latest three months’ salary slips, and pensioners provide their pension card or certificate.
SME applicants also provide business records, including financial statements, bank statements, ownership and existing borrowing details; the bank’s list includes a business visit report. Agricultural borrowers provide an agricultural passbook, an attested copy of Form VII and a bank statement. The bank may require further documents.