Rooftop Solar Power Generation Line of Credit (RSPGLoC) Project

Rooftop Solar Power Generation
Line of Credit (RSPGLoC) Project

A DFCC Solar loan can give you complete freedom from costly electricity bills and painful increases. Enjoy years and years of free electricity for your home or business or even earn an additional income.

Eligible sub projects

Eligible sub projects

  • Up to 100% financing for residential systems up to Rs 1.5 million
  • Up to 80% financing for all other systems
  • Solar Photo-Voltaic system of up to 50kW capacity to be installed on the rooftop of an existing permanent residential or commercial building
  • Single borrower may avail multiple loans subject to the maximum solar power installation capacity of 50kW

(This is a Government of Sri Lanka (GOSL) loan scheme funded by the Asian Development Bank. The grant of a loan will depend on fulfillment of Bank conditions and the availability of funds)

Tenor of sub loan

Up to 10 years including a grace period of up to 6 months if required.

Interest rate

4 % p.a. upon receipt of re-finance funds from the GOSL. The DFCC Bank rate will be applicable until then. (the temporary rate for Consumer (PFS) loans will be 9% p.a. For business loans the rate will vary)

The refinance should be available within one month of initial disbursement.


1. How do I apply for a loan?
Please contact the nearest DFCC Bank branch or call 011-2350000.

2. What is the minimum-monthly income that required for both salaried and business to be eligible for the grant of a loan?
Your income excluding current commitments should be adequate to cover monthly interest and installments due on the solar loan.

3. Can I finance my existing solar system?
Sorry. Refinancing of existing solar systems is not possible under the ADB funded scheme.

4. Can I apply for a loan for enhancement of my existing solar system?
Yes, as long as the enhancement has been approved by the CEB/LECO as applicable to your location.

5. What are the collateral that I need to be submitted?
The branch will evaluate your application and advise you on the collateral required.

6. What are the required documents that need to be submitted by both salaried and business to apply the loan scheme?

  • A technical and financial proposal from a solar system vendor currently registered with the Sri Lanka Sustainable Energy Authority
  • A copy of your latest electricity bill
  • Approval for the proposed system capacity from CEB/LECO
  • Copy of NIC Card
  • Copy of Receipt of Municipal Tax Payment
  • Income details