HomeScape by Amplus Solar and SBI Partner to Offer Easy Financing for Residential Solar

HomeScape by Amplus Solar has announced a strategic partnership with the State Bank of India (SBI) to provide convenient financing options for residential solar installations. This collaboration allows HomeScape customers to secure loans of up to INR 2 lakhs for installations up to 3 kW and INR 6 lakhs for installations up to 10 kW.

Monika Uniyal, Head of Operations at HomeScape by Amplus Solar, expressed enthusiasm about the partnership, stating, “We are an empanelled installation vendor for MNRE's PM Surya Ghar Yojana. Partnering with SBI, India’s most trusted financial partner, reinforces our commitment to facilitating a seamless energy transition for our residential customers.”

HomeScape Solar customers can apply for these loans via the Jan Samarth portal after registering on the PM Surya Ghar portal. The financing scheme offers an interest rate of 7% for solar rooftop installations up to 3 kW and 10.15% for installations between 3 kW and 10 kW. Home loan customers can also benefit from a reduced interest rate of 9.15%, with a maximum tenure of 120 months, ensuring flexible and easy repayment options.

This scheme is available to all individuals up to the age of 65 years across India, promoting widespread access to clean energy solutions. HomeScape representatives are available to assist customers with further details.

HomeScape by Amplus Solar offers comprehensive solutions, including support with the documentation process and hassle-free installations. Customers are also guided through securing loans under this new partnership.