Roshan Ghar Solar Finance |Solar Loan| Online Apply

The National Bank of Pakistan launched the scheme for the people of Pakistan, and this is very best for the people who want to shift their houses to solar. The scheme Roshan Ghar Solar Finance has the main aim of providing solar for houses on installments. The people of Pakistan get benefit from this scheme, and in this article I will provide you with complete information about Roshan Ghar Solar Finance and all its eligibility criteria, documents, and how to apply. Let’s Start:

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Key Features of this Financing Scheme

Nature of Finance	Term Loan
Basic Eligibility Criteria	Salaried Min:22 years Max: 60 years SEB/SEP Min: Years Max: 65 years
Financing Limit	Min: Rs. 400,000/- Max: Rs. 5,000,000/-
Age Limit	Salaried Min:22 years Max: 60 years SEB/SEP Min:22 Years Max: 65 years
Length of Service	Salaried Min: Rs. 70,000/- Monthly Salary Business: SEB/SEP Min: Rs. 150,000/- Monthly Income
Mark-up Rate	1 Year KIBOR + 2%
Loan Tenor	Up to 7 Years
Debt Burden Ratio (DBR)	Up to 50%
Must be a Pakistani resident national, have a satisfactory credit history, & meet income, DBR, & collateral requirements.	Up to 80% of Solar Equipment value
Processing Fees	As per SOC
Salaried Minimum	Salaried Min: Rs. 70,000/- Monthly Salary Business – SEB/SEP Min: Rs.150,000/- Monthly Income
Repayment	Monthly Basis

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Financing Details

The bank provides a competitive markup rate of 13.99% fixed for up to two years, making it one of the lowest rates available for home and solar financing in the country. NBP offers financing amounts for self employed person from a minimum of PKR 400,000 to a maximum of PKR 5,000,000. For government employees, the maximum limit is set at PKR 3,000,000.

Eligibility Criteria

All men and women having valid CNICs and are residents Pakistani
Having clean e-CIB & Data-Check reports and meeting DBR and collateral requirement.
Federal and Provincial Government Employees
NBP account holders are regular or contractual employees of Federal/provincial government receiving their salaries

Markup Rate/ Interest Rate

Financing extended is based on floating rates.
1 Year KIBOR + 2%
No Grace Period is allowed

Required Documents for Salaried Person

Loan Application Form (LAF) along with CF -1 Undertaking Original
Product Disclosure Sheet Original
Attested Valid CNIC of applicant & Co-applicant (where applicable) Copy
Attested three (3) latest passport size color Photographs of applicant &
Co- applicant (where applicable) Original
Attested Valid CNIC of references Copy
Attested three (3) months’ Salary Slip Copy
Attested three (3) months Bank Statement Copy
Employer Undertaking (Where Applicable) Original Service card Copy
Title Document of the property to be mortgaged (Where Applicable) Copy
Last three month paid utility bills Copy

Direct Debit Authority (DDA) Original
Proof of Employment (along with length of employment) for example:

 Employment
letter OR
 Employment
Certificate OR
 Any valid documentary evidence from employer
Original / Copy
Income Proof document (salary breakup and deductions to be clearly
mentioned) for example:
 Last three(3) months’ salary slip/Salary Certificate
Original / Copy

Required Documents for Self-Employed or Business Person

Loan Application Form (LAF) along with CF Undertaking Original
Product Disclosure Sheet Original
Valid CNIC of both applicant & Co- applicant (where applicable) Copy
3 Passport size color Photographs of applicant & Co- applicant (where
applicable) Original
Attested Valid CNIC of references Copy
Direct Debit Authority (DDA) (where applicable) Original
Last three month paid utility bills Copy
Title Document of the property to be mortgaged (Where Applicable) Copy Self Employed/Business Persons
Proof of Business (stating ownership and length of business) for example:

In case of Sole Proprietor, Proprietor Ship Certificate from Bank

In case of Partnership, Partnership Deed

Tax Returns & NTN Certificate

Professional Degree / Diploma and / or Valid Membeship of applicable Professional body / License from concerned authority (if applicable).

Any other valid acceptable business document verifiable from authority fulfilling minimum business tenor requirement. Copy

Income assessment document

 Account Maintenance Letter along with last 6 months Bank

Statement Notes: Bank statement with Brach stamp
Original

Additional Documents For Everyone (Salaried, Self-employed, Business Persons)

Proof of ownership of property where solar will be installed. Copy
Undertaking of not selling the property till the adjustment of loan Original
Quotation of the solar system Original
In case Net metering, NOC is required from electric distribution company (Where Applicable)Copy
12 Blank Undated cross Cheques duly signed in favor of NBP Original
Permission from respective authorities/societies (where applicable). Copy
Liquid Securities Documents (where applicable). Copy
Gold Valuation Certificate: Approved Gold Smith Vendor (where applicable). Original
*Bank may require any other documents, original or copy

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How to Apply For this Roshan Ghar Solar Finance

Interested applicants can initiate the process by completing the NBP Roshan Ghar Solar Finance application form, available on the official NBP website. Alongside the application, people should submit fundamental documents, including verification of pay, service bills, and property reports.

Click Here to Download Apply Form

Conclusion

NBP’s Roshan Ghar Solar Finance initiative represents a significant step towards promoting renewable energy adoption in Pakistan. By providing accessible financing options, the program empowers residents to invest in sustainable energy solutions, contributing to environmental conservation and energy independence. Interested individuals are encouraged to visit the official NBP website or contact their nearest branch for more information and application procedures.