Features
Processing Fee & Charges - As per Bank’s updated SOC
Collateral: Any collateral along with Hypothecation of energy Solution (only through JS Bank’s Authorized vendors) Personal Guarantee & Post- dated cheques
Repayment Equal Monthly installments (EMI)
Energy Solution Insurance (mandatory):Solar Solution to be insured.
Tenor - 3 to 7 Years
Financing Amount - Between PKR 300,000/- and PKR 7,000,000/-
- Pakistani national
- Minimum Employment/business Tenor of 2 years
- Age:
- Min: 27 Years (Salaried & Self Employed)
- Max (at loan maturity):
- Salaried: 60 Years
- Self Employed: 65 Years
- Minimum Income:
- Salaried (Gross per month):
- Permanent: Rs. 75,000.00
- Contractual: Rs. 100,000.00
- Self Employed: An average of Rs. 100,000/- balance per month
- Salaried (Gross per month):
- Active tax filer with NTN number
- Owner of the resident (House) where solar facility is to be installed
- Installation on Parents home also financed (subject to NOC from them)
- Only for residential properties
- Financial ability to afford and repay finance
- Nationwide reach and established banking processes
- Structured financing solutions for residential solar installations
- Transparent application and repayment process
- Customer-focused support throughout the financing journey
- Helps households transition to renewable energy with confidence
Q: What is the solar system on installments in Pakistan?
A solar system on installments allows homeowners to install solar panels and related equipment while paying the cost over monthly installments instead of a single upfront payment. This financing approach makes solar energy more affordable and accessible for households across Pakistan.
Q: Does JS Bank offer residential solar financing?
Yes, JS Bank offers residential solar financing through its GharApna Solar Solution. The program helps homeowners finance solar installations with structured monthly repayments, supporting the transition to renewable energy in a manageable and planned manner.
Q: Can I get solar panels on installments in Pakistan?
Yes, through JS Bank’s solar financing solution, homeowners can install solar panels on installments in Pakistan. This allows customers to spread payments over time while benefiting from reduced electricity costs and cleaner energy.
Q: How long does solar financing repayment take?
Solar financing repayment periods vary based on the approved financing structure and customer profile. Repayments are made through fixed monthly installments, allowing homeowners to plan their finances comfortably over the agreed tenure.
Q: Who is eligible for solar financing in Pakistan?
Eligibility generally includes being a Pakistani resident, owning or having authorization for the property, and meeting basic income and verification requirements. Final approval depends on JS Bank’s financing assessment and applicable policies.