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Tata Power Solar Systems Limited has partnered with the Bank of India to offer easy financing for rooftop solar installations and EV charging stations. Tata Power Solar has become the first solar company to collaborate with BOI for solar and EV charging station financing, supporting the Government’s initiatives to promote rooftop solar installations and make sustainable energy adoption more accessible.
The PM Surya Ghar Yojana offers residential customers loans up to Rs. 2 lakh for solar systems up to 3 KW, with a 5% margin money requirement, at 7.10% per annum, collateral-free, and up to Rs. 6 lakh for installations above 3 KW.
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