Purpose
For the purchase of Solar Power Systems
Eligibility
Domestic (residential) borrowers
Maximum Loan Amount
- 75% of the total cost of the Solar Power System
- Subject to a maximum of Rs. 1.5 Mn.
Repayment Period
- 7 years
- However, a maximum period of 10 years can be considered for facilities granted to housing loan customers of Bank of Ceylon (existing and new) based on the remaining period of the housing loan as follows,
If the remaining period of the housing loan is
» equal to or more than 10 years – 10 years
» less than 10 years – the remaining period of the housing loan or 7 years, whichever is higher