Tata Power Solar Systems Limited (TPSSL) has entered into a strategic collaboration with ICICI Bank – to provide loans to finance the purchase of solar panels or units for residential and corporate customers.
This collaboration aims to enhance the accessibility and affordability of sustainable energy solutions for a broader adoption of solar energy. Under this collaboration, ICICI Bank will offer tailored financial solutions with attractive interest rates, for the purchase of solar panels from Tata Power Solar. Customers can avail of loans up to ` 90 lakh with collateral-free options and tenure extending up to 5 years. They can also avail higher amounts of loans with collaterals with tenures of up to 20 years. Customers shall enjoy flexible down-payment options at 20-25% of the loan amount, making it easier for them to invest in solar energy.
Tata Power Solar is recognized as India’s No. 1 solar rooftop company, leading the market with over 70,000 satisfied customers and comprehensive solar solutions for both residential and commercial applications.
