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Tata Power Solar partners with ICICI Bank to offer loans for solar panel purchases

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Tata Power Solar Systems (TPSSL), a leading solar company in India and a subsidiary of Tata Power Renewable Energy, has partnered with ICICI Bank to offer loans for purchasing solar panels. This collaboration aims to make sustainable energy solutions more accessible and affordable for residential and corporate customers.

ICICI Bank will provide customized financial solutions with attractive interest rates for purchasing solar panels from TPSSL. Customers can avail of loans up to Rs 90 lakh with collateral-free options and tenures of up to 5 years. Higher loan amounts with collateral are available, with repayment periods extending up to 20 years. Flexible down payment options of 20-25% of the loan amount will make it easier for customers to invest in solar energy.

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