Islamic Mode: Financing to be provided on Islamic concept of Musawamah
Installment: Unequal monthly installments
Profit rate: 6% per annum (fixed)
Financing tenure: Minimum 12 months (1 year) and Maximum upto 60 months (5 years)
Allowed capacity: From 1KW upto 1000KW
Financing amount: Minimum PKR 100,000 and Maximum upto PKR 2000,000
Security collateral: HPA on solar panel and 3 cheques
Residence ownership: Property where solar has to be installed must be owned by applicant. If the place is owned by an immediate family member*, in such case house owner(s) will become co-applicant**. In case of 2 or more owners of property, each and every owner will become co-applicant.

Co-applicant: In case of co-applicant there will be no income requirement from co-applicant.

On-Grid System Down Payment

With credit history ≥ 12 month – Minimum 15% maximum up to 50%

With credit history < 12 months – Minimum 30% maximum up to 50%

Off-Grid System (No Net Metering) Down Payment

Minimum = 30% and maximum up to 50%.

*Immediate family members include parents, spouse, siblings and children

**however, applicant must be residing at provided address