The Udaipur Mahila Samridhi
Urban Co-operative Bank Ltd.
The Udaipur Mahila Samridhi Urban Co-operative Bank Ltd. offers Samridhi Solar Yojna to encourage installation of solar energy systems for residential, commercial and institutional purposes while promoting eco-friendly and sustainable energy solutions.
Samridhi Solar Yojna provides financial assistance for installation of Solar Plants and renewable energy systems with simple procedures and attractive loan terms.
The scheme helps customers reduce electricity expenses while supporting clean and sustainable energy initiatives for long-term savings.
Loan eligibility is assessed based on applicant income, project cost, repayment capacity, and Bank norms.
Financial support for installation of residential and commercial solar systems.
Encourages use of renewable energy and environmentally sustainable solutions.
Attractive loan facility with affordable interest rate and easy repayment options.
Helps customers reduce long-term electricity and operational expenses.
Easy application and documentation process for faster approvals.
Loan amount sanctioned as per project cost and repayment capacity.
| Particulars | Up to ₹3 Lakh | Above ₹3 Lakh to ₹25 Lakh |
|---|---|---|
| Purpose | Solar Plant Installation | |
| Interest Rate | 9.50% | 9.50% |
| Repayment Period | 36 Months | 60 Months |
| Processing Fee | 0.50% Processing Fee | |
| Security / Guarantee | No Collateral Security, One Guarantor Required | Collateral Security Required |
| Subsidy Condition | Subsidy account should be maintained with the Bank (if applicable) | |
Samridhi Solar Yojna loans are sanctioned subject to eligibility, repayment capacity, project feasibility, and Bank norms. The Bank reserves the right to approve or reject any application based on internal assessment and documentation verification.