Friends, Dhanlaxmi Bank is dedicated to private sector which headquarter in Kerala. Dhan Bank also offers solar power equipment loan to the residential as well as commercial customers called Dhanam Green Loan.
This loan offers provided to the customers who want to install rooftop solar system under the Pradhan Mantri Surya Ghar Muft Bijli Yojana. Dhanlaxmi Bank provides solar loan from 10 lakhs to 50 lakhs which depends on the type of customer like residential or commercial.
So, today through this article we provide you full details of Dhanam Green Solar loan like it’s eligibility criteria, loan amount, interest rate, loan tenure etc. Without wasting a time let’s get the information.
Headings
Dhanlaxmi Bank Launched Dhanam Green Loan for installation of Solar panel
Recently Dhanlaxmi Bank also joined central government new scheme to provide bank loan offers to those who want install solar panel system by applying under PM Surya Ghar Yojana. In this offer, Bank provides maximum loan amount up to 50 lakhs for solar panel system with the rate of interest 11.80% maximum with reducing interest rate. Let’s get the details of Dhanam Green Loan amount and their interest rate.
Exploring loan amount and rate of interest
Dhanlaxmi Bank is the bank which provides highest amount of solar loan to their customers. Here are the details of amount and their rate of interest.
- Loan Amount:- Dhanlaxmi Bank offers Rs 10 lakhs loan amount for those who want to install rooftop solar system for the residential purpose. But those who re willing to install commercial solar system will get maximum Rs 50 lakhs loan from Dhanlaxmi Bank under Dhanam Green Loan.
- Interest Rate:- If you want to take a loan with collateral security then you just have to pay rate of interest between 9.50% to 9.80% but if you want finance without collateral security then you have to pay interest rate between 11.50% to 11.80% with reducing rates.
Dhan Bank unveiling maximum repayment period
Those who are already getting benefits of home loan or loan against property (LAP) from Dhanlaxmi Bank will get maximum loan tenure is about 15 years while other customers will get maximum loan repayment period is 5 years.
Eligibility Criteria
One of the necessary point required to eligible under the Dhanam Green Loan is you are eligible for PM Surya Ghar Yojana then and then you will get a loan from the bank for your solar panel equipment. So, you can check the eligibility criteria for PM-SGMBY is here and from the bank sides you are not defaulter from the bank and your cibil score is not below to the required criteria.
How to Apply for PM Surya Ghar Loan from Dhanlaxmi Bank
You can apply for PM Surya Ghar Yojana Loan under Dhanam Green Loan Scheme through online as well as offline too. If you want to apply online then please refer official website of Dhanlaxmi Bank where you have to click on the “Apply” button. After that fill the online application form and submit it. This is how you can easily apply online for Surya Ghar Yojana Loan in the bank.
But if you want to apply offline then you have to visit the nearest branch of the bank and follow the procedure whatever loan department says. For any queries you can contact the authorised person of the bank.
If you want to check other solar finance options then you can visit Solar Loan category in this website.
Quick Look
| Question | Answer |
|---|---|
| Bank Name | Dhanlaxmi Bank |
| Product Name | Dhanam Green Loan |
| Rate of Interest (ROI) | Varies from 9.5% to 11.8% |
| Loan Tenure | From 5 years to 15 years |
| Loan Amount | Rs 10 lakh to 50 lakhs |
| Type of Users | Both Commercial and Residential |
| Margin | From 5% to 20% |
If you are not familiar with Dhanlaxmi bank than you can read about HDFC bank solar loan too here.
Contact Number
Name: Smitha Ks
Designation: Manager
Email: smitha.ks@dhanbank.co.in
Mobile Number: 0487-710-7475
Read Also: Sbi surya ghar under pm surya ghar yojana
Conclusion
If you are interested to avail the benefits of Dhanam Green Loan then we hope that you got important information from this article. If you liked this details then please share it with others and bookmark our website Pmsurya Ghar Yojana for more details in future. Thank you for reading this article.