Get a free quote

Solar Financing

  • Home
  • /
  • Solar Financing

Solar Financing Made Simple with Vanguard Energy

Investing in solar energy has become more accessible thanks to supportive government initiatives and a variety of financing options available. You don’t have to bear the full upfront cost of installing a solar system; instead, you can benefit from flexible solar loans.

Wide Range of Financing Partners:

Vanguard Energy collaborates with leading national and private banks to provide solar loans in Hyderabad, Telangana. Our partners include

And many others. These institutions offer both dedicated solar loans and home improvement loans which can be used for solar installations.

Solar Loan Features and Benefits:

Eligibility :

Applicants must be aged 18 to 60, with a minimum income of Rs. 15,000. Specific schemes are available for farmers and entrepreneurs.

Interest Rates :

Competitive rates ranging from 1.5% to 10%, influenced by your credit score, income stability, and bank policies.

Repayment and EMI :

Flexible repayment options ranging from 3 to 5 years. Use the EMI calculators available on bank websites to estimate your monthly payments.

**Simple Application Process:**

1. Contact your bank to check solar loan availability or apply for a home improvement loan.

2. Obtain a price quote from Vanguard Energy.

3. Submit necessary documents like ID proof, proof of income, and property ownership if applicable.

4. Upon approval, funds are typically disbursed in stages based on installation progress.

**Documents Needed for Application:**

- Valid ID (Aadhar, PAN, Voter ID)

- Proof of income (recent payslips for salaried, bank statements for self-employed)

- Formal quotation for the solar system from Vanguard Energy.

**EMI Options Available :**

In addition to standard loans, many banks offer the option to purchase solar systems via EMI on debit cards, which might carry higher interest rates but offer the convenience of immediate purchase.

By simplifying the financing process, Vanguard Energy ensures that going solar is a hassle-free and economically wise choice for everyone in Hyderabad, Telangana.