Solar Bank Financing

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Solar Bank Financing

Feroze Power Limited has joined hands with the State Bank of Pakistan to provide you with flexible financing options for your solar system purchases. The solar panel financing program allows you to purchase your solar system today without paying any hefty prices, and you can complete your payments over installments. We aim to make solar energy attainable for everyone and to see Pakistan revolutionize its energy consumption.

Your Trust Partners For Solar Financing In Pakistan

Our solar-powered park benches are finely designed to be optimal in functionality, with high durability and easy usability. Here’s how the whole process works out:

1

Consultation & Assessment

Contact Feroze Power for a free consultation. We'll assess your energy needs and recommend a suitable solar system.
3

Loan Approval & System Design

Upon loan approval, we'll finalize the system design and prepare for installation.
2

Financing Application (with Subsidized Markup)

We'll assist you in applying for financing through the State Bank of Pakistan's renewable energy scheme, leveraging subsidized markup rates to lower your costs.
4

Repayment & Savings

You'll begin making manageable monthly payments directly to the bank based on your chosen repayment period while simultaneously enjoying significant savings on your electricity bills and generating free power for years to come.
How Much Can You Save With Solar Panel Financing?

Your savings with solar depend on how much electricity you choose to generate daily. Below is an estimate of solar system requirements based on your energy needs

Solar financing helps you save because it lets you avoid the hefty single payment needed to install solar panels. Rather than making one big payment, you pay smaller instalments that are usually cheaper than your regular power bills. You begin saving money right away with additional benefits from building value in your solar system. As you pay down, you need less power from the grid and build long-term savings, plus shield yourself from electricity price hikes. Government support through reduced financing rates helps owners make solar power a smarter choice for little money.

Key Feature

Description

Solar Energy Collection

High-efficiency solar panels capture sunlight during the day, generating renewable energy.

Energy Storage System

Advanced lithium-ion batteries store excess power for nighttime or low-sunlight usage.

Efficient Device Charging

USB ports and wireless charging stations allow seamless, off-grid charging for multiple devices.

Reduced Grid Dependency

Solar-powered operation minimizes reliance on traditional electricity, lowering energy costs.

Eco-Friendly Impact

Encourages sustainable energy consumption, reducing carbon footprints in public and private spaces.

Residential Solar Financing

Industrial Solar Financing

Flexible Time
3 to 5 years, depending on customer preference

Flexible Time
Up to 10 years, depending on customer preference

Bank Financing Range
Rs. 500,000/- to Rs. 2.5 million/-

Bank Financing Range
Rs. 10 million/- to Rs. 500 million/-

Subsidized Markup
3% to 6% per year

Subsidized Markup
3% to 6% per year

Note: Solar energy production depends on factors like sunlight availability and regular cleaning of solar panels to remove dust, snow, and rain residue.

Payment Made Easy

Our Financing Partners

Key Benefits of Solar System Financing In Pakistan
Eliminates Large Upfront Costs
Solar financing removes the major financial hurdle of paying for a solar system in one lump sum, making solar energy accessible to a wider range of homeowners and businesses.
Immediate Savings on Electricity Bills
Even with monthly loan payments, you'll likely see a reduction in your overall energy expenses from the moment your system is activated, as you're generating your own power.
Predictable Monthly Payments
Financing provides predictable monthly payments, making it easier to budget for your energy costs compared to fluctuating electricity bills.
Builds Equity in Your System
With each payment, you increase your ownership stake in the solar system, which is a valuable asset that can increase your property value.
Protection Against Rising Energy Costs
By generating your own electricity, you become less vulnerable to increases in utility rates, providing long-term energy cost stability.
Access to Incentives and Subsidies
Many solar financing programs provide access to incentives like subsidized markup rates, further reducing the overall cost of going solar.
Eliminates Large Upfront Costs
Solar financing removes the major financial hurdle of paying for a solar system in one lump sum, making solar energy accessible to a wider range of homeowners and businesses.
Immediate Savings on Electricity Bills
Even with monthly loan payments, you'll likely see a reduction in your overall energy expenses from the moment your system is activated, as you're generating your own power.
Predictable Monthly Payments
Financing provides predictable monthly payments, making it easier to budget for your energy costs compared to fluctuating electricity bills.
Builds Equity in Your System
With each payment, you increase your ownership stake in the solar system, which is a valuable asset that can increase your property value.
Protection Against Rising Energy Costs
By generating your own electricity, you become less vulnerable to increases in utility rates, providing long-term energy cost stability.
Access to Incentives and Subsidies
Many solar financing programs provide access to incentives like subsidized markup rates, further reducing the overall cost of going solar.
Buy Now, Pay Later

Ready to switch to solar and start saving without emptying your pockets? Contact Feroze Power Limited today to learn more about our affordable solar bank financing options through the State Bank of Pakistan and get a free consultation!

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Frequently Asked Questions
1. What happens if my solar system generates more electricity than I need?

If your system is connected to the grid through net metering, you may be able to sell excess energy back to the utility company, further reducing your costs.

2. How do I apply for solar bank financing?

Contact Feroze Power for a free consultation. We’ll guide you through the application process and help you gather the necessary documentation.

3. How are the monthly payments calculated?

Monthly payments are calculated based on the loan amount, interest rate, and repayment period. We'll provide you with a clear payment schedule.

4. What banks are your partners in financing?

We have collaborated with multiple banks that support the solar panel financing program; our financing partners are:

1. Bank Alfalah
2. Bank Islami
3. Bank Of Punjab
4. Faysal Bank
5. JS Bank
6. Meezan Bank
7. Silk Bank
8. MCB
9. HBL

Power Your Future with Solar Energy

Need a tailored solution? Get a personalized quote based on your specific needs. Our expert team is ready to assist you with customized solutions and competitive pricing. Contact us today!

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