4% Solar Panel Bank loan scheme
Sri Lankan Government has introduced a specilaized credit proposal scheme to purchase new Solar Power systems. Customers have the option of obtaining loans up to a sum of 20 million Sri Lankan rupees at an unbelievable interest rate.
Features of this Credit Scheme
- Interest Rates = 4%
- Can obtain the full amount as loan if the system cost is less than 1.5 million
- If Loan amount is less than 3 million Only 2 guarantees will be needed
- if the loan amount is greater than 3 million property mortgage is required
- Repayment Period up to 10 years.