CentralBank of India-Rural Agri Banking
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Cent Solar Light Scheme


* To finance Solar Lighting Systems and small capacity Photo Voltaic lighting System under Jawaharlal Nehru National Solar Mission. Only models approved by Ministry of New and Renewable Energy will be financed.


* Individuals, groups of individuals, SHGs/JLGs/NGOs, Farmers' Clubs etc.,

Nature of facility

* Term Loan

Quantum of Loan

* Based on the unit cost of the model being purchased.


* 10% (No margin for loans under agriculture up to Rs.1.00 lac)


* Primary -
- Hypothecation of the Pumping System.
* Collateral -
- Third party guarantee with worth up to the loan amount.
- No collateral on loans up to Rs.1.00 lac given under agriculture

Interest Rate

Limit upto Rs.50,000/-
Above Rs.50,000/- upto Rs.5.00 lacs
Above Rs.5.00 lacs upto Rs.25.00 lacs
Above Rs.25.00 lacs

MCLR + 0.50%
MCLR + 1.00%
MCLR + 1.50%
MCLR + 2.00%

Processing Charges

* On loans up to Rs.25,000/- : Nil
* On loans above Rs.25,000/-: @ Rs.120/- per lac or part thereof, maximum Rs.20,000/-.

Documentation Charges



* Within 5 years.

For further details, please contact our nearest branch.

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