Solar Consumer Loan

Say goodbye to expensive electricity bills, install a domestic Solar Energy System to generate your own solar powered electricity with a Solar Loan from Pan Asia Bank. Select a system that meets your needs from any Solar Energy System supplier registered with Pan Asia Bank and watch your savings soar.

HOW IT WORKS

The electricity generated from your Solar Energy System will be used by your household and any excess power will be released to the Main Electricity Grid, for which you get credits from CEB or LECO. These credits can be set off against the electricity units you consume from the Main Grid enabling you to have electricity at zero cost, depending on the capacity of your system. 

FEATURES AND BENEFITS

• Attractive interest rate of 13%(Fixed)
• No need to pay electricity bills
• Quick, hassle free service
• Flexible repayment periods up to a maximum of 7 years
• Repayment in equal monthly installements (on reducing balance basis)
• Flexibility to make early & partial settlements (For a nominal charge)

DOCUMENTS REQUIRED

• Performa invoice from the chosen supplier
• Duly completed loan application
• Copy of NIC or valid passport
• Letter from employer confirming employment details 
• Salary slips for immeiate three months prior to application date 
• Electricity bills for immediate three months prior to application date 
• Documentation proof of income for self employmened /business personnel  

 

IF INTERESTED

 

Contact your nearest Pan Asia Bank branch
Or
Call (011)4667222