JS Smart Roshni – Solar Solution Financing

Solar financing solution enabling businesses to generate cost effective energy with reduced dependence on the grid.

Collateral: Hypothecation of Solar Solution (only through JS Bank’s Authorized vendors)

Financing: Between
Rs. 500,000/- and Rs. 10,000,000/-

Processing Fee As per Bank’s updated SOC

Insurance: Offered through reputable insurance partners at a preferential rate.

Charges: Minimum PKR 6,000/- or 0.5% of the loan amount (whichever is higher)

Repayment Monthly installments

Equity: Minimum 20% of the total solution quotation value

Eligibility Criteria:

Must be Computerized National Identity Card (CNIC) holder
Operating in business for at least one (1) year with sufficient knowledge of the business
Proof of ownership of premises for solar installation should be provided.
NOC in case of rented / leased premises
Owned property on which solution is to be installed

Required Document Checklist:

Quotation of the Solar Panel Systems (signed and stamped by the authorized Energy Partner)
Copy of CNIC / NICOP
Copy of NTN
Two (2) recent Passport size Photographs
Audited Accounts (Financial Statements) / Wealth Tax Return
Personal Guarantee of the owners / directors (only sponsor directors in case of limited companies)
Last 1 year of business proof
Last 1 year bank statement along with bank certificate for non-JS Bank account holders
Maximum 3 Bank statements of at least 1 year
Any other requirement of the Bank