DFCC Solar Loan

DFCC Solar Loan

Recognizing the growing demand for solar energy and the need for accessible financing solutions, the Bank has introduced a special Solar Loan product. This innovative offering will provide consumers with a convenient and affordable means to finance their solar installations, empowering them to embrace renewable energy and reap its benefits.

Features & Benefits

Features & Benefits

  • Solar Loan Up to LKR 5.0 million
  • Repayment period up to 10 years
  • Interest rates starting from 11.5% (Fixed for 5 years)
  • The cost saving from the solar system considered for the repayment
  • Special benefits through pre – approved on grid solar system suppliers

Eligibility

  • Should be a fixed income earning employee in Private or Government Sector.
  • Minimum monthly gross income of LKR 100,000 (Basic + Fixed Allowances)
  • Should be in the confirmed permanent employment with minimum two years continuous total employment.
  • Age between 18 to retirement, subject to the loan being fully repaid before the date of retirement.

Documents Required 

  • Duly completed Loan application form
  • Accepted Terms &Conditions
  • A certified copy of the National Identity Card,Driver’s License or Passport
  • Latest 3 months original/certified salary slips
  • Salary assignment issued by the Employer on company letter head as per the standard format of DFCC Bank
  • A quotation and technical proposal from a pre – approved supplier
  • A copy of the latest electricity bill
  • A proof for the ownership/ title of the residence of which the rooftop solar panels will be installed
  • Comprehensive Insurance over the system assigned to DFCC(upon installation of panels)Copy of the power purchase agreement (upon installation of panels)

How to Apply

Download the application form, complete and submit same to any DFCC Bank branch or fill in the inquiry form given below and we will contact you.You may also visit a branch of your choice to apply for the loan.

Tools & Support