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Solar System Financing at Bank of Baroda
Financing Options from Bank of Baroda
To leverage the opportunities in the solar project financing market for captive consumption by MSME industries/units (including expanded ones), a dedicated financing scheme for solar projects has been developed and approved. To buy and install rooftop solar equipment/plant exclusively for captive use. (Payments will be made directly to the equipment seller/installer.)
Features
Target
Micro, Small, and Medium entities (both MSME-Regulatory and MSME-Expanded) involved in income-generating economic activities.
Location
Financing under this scheme will be available in the following states:
- Delhi NCR
- Rajasthan
- Gujarat
- Maharashtra
- Karnataka
Additionally, our 14 SME branches will provide financing within a 100 km radius based on available potential.
All leads should be directed through the bank’s appointed external agency.
Qualifications
Private Limited Companies
One Person Companies
Limited Liability Partnerships (LLPs)
Registered and Unregistered Partnerships
Proprietorships
Trusts/Societies
Public Limited Companies