SBI has specifically taken Line of Credit from the World Bank to help in installing solar plants on the roof.? Under the Rooftop Solar PV Program, SBI is providing up to 75% of the total cost of the entire solar project as a loan.?It is a kind of term loan.
India's largest moneylender State Bank of India has recently come up with a new scheme to set up rooftop solar plants. With the World Bank loan, SBI aims to grow the nascent rooftop solar market. Read this blog to know more about "SBI Loan Scheme for Rooftop Solar Plant".
