Features
Processing Fee & Charges - As per Bank’s updated SOC
Collateral: Any collateral along with Hypothecation of energy Solution (only through JS Bank’s Authorized vendors) Personal Guarantee & Post- dated cheques
Repayment Equal Monthly installments (EMI)
Energy Solution Insurance (mandatory):Solar Solution to be insured.
Tenor - 3 to 7 Years
Financing Amount - Between PKR 300,000/- and PKR 7,000,000/-
- Pakistani national
- Minimum Employment/business Tenor of 2 years
- Age:
- Min: 27 Years (Salaried & Self Employed)
- Max (at loan maturity):
- Salaried: 60 Years
- Self Employed: 65 Years
- Minimum Income:
- Salaried (Gross per month):
- Permanent: Rs. 75,000.00
- Contractual: Rs. 100,000.00
- Salaried (Gross per month):
- Self Employed: An average of Rs. 100,000/- balance per month
- Active tax filer with NTN number
- Owner of the resident (House) where solar facility is to be installed
- Installation on Parents home also financed (subject to NOC from them)
- Only for residential properties
- Financial ability to afford and repay finance