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
Property Insurance, Solar Solution Insurance & Optional Life Insurance
- Financing Tenor: 1 to 25 Years
- Financing Amount: Minimum PKR 0.5 Mn up to PKR 100 Mn
- Up to 80% Loan to Value (LTV)
- Financing Tenor: 3 to 7 Years
- Financing Amount: Between PKR 300,000 and PKR 7 Mn
- Equity based on total solution quotation value
- Minimum 20% for financing up to PKR 5 Mn
- Minimum 30% for financing up to PKR 7 Mn
- Pakistani National
- Experience: Minimum 1 – 2 years of employment or in business
- Age:
- Minimum 27 Years (Salaried & Self Employed),
- Maximum (at loan maturity) Salaried: 60 Years, Self Employed: 65 Years
- Minimum Income:
- Salaried: PKR 100,000 gross monthly income
- Self Employed Professional: PKR 100,000
- Self Employed Businessperson: PKR 150,000
- Others: 200,000
- Satisfactory credit history of existing bank borrowings
- Financial ability to afford and repay finance
- Buy a Home + Solar installation
- Home renovation + Solar installation
- Balance Transfer Facility + Solar installation
Q1. What is JS Green Financing?
A. JS Green Housing Finance is an integrated financing facility in which customers can avail Home and Solar in one go.
Q2. Can I install the solar solution at another property?
A. No, the solar solution will only be installed on the property financed by the bank (House).
Q3. Do I have to fill separate application forms to avail JS Green Financing?
A. No, the customer will fill only one application form to avail the facility.
Q4. Where can I find the fees associated with my JS Green Financing application?
A. The Schedule of Charges (SOC) contains all the information about loan processing and other fee structures; Home and Solar charges are mentioned in their respective sections. You can ask a Bank representative for the SOC.
Q5. Can I make balloon payments?
A. Yes, balloon or partial payments are allowed.
Q6. Are there any hidden charges or fees?
A. No, all charges are mentioned in the SOC.
Q7. How can I contact JS Bank Customer Service for assistance?
A. For any assistance, you can call 021 111 654 321.