ESAF Bank, V-Guard collaborates to finance rooftop solar systems

02 Mar 2023 CW Team

An collaboration between the ESAF Small Finance Bank and the producer of electrical equipment V-Guard Industries aims to give consumers wishing to install solar rooftop power systems financing possibilities.

According to a release, ESAF Bank will offer a range of financing alternatives under the deal, including loans and enticing installment payment plans.

Customers can choose to finance up to 80% of the total cost of the rooftop solar power system, including the cost of installation for residential or commercial applications, the company claimed.

According to the statement, this agreement will let customers pay less up front and provide them the ability to produce their own electricity, which will help them rely less on the grid.

This collaboration will make it easier and more affordable for customers to switch to clean energy, according to the company.

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