Monthly EMI: 0
Principal Amount: 0
Interest Payable: 0
The fees and charges of solar panel loans usually vary from lender to lender and from case to case. The following table will give you a fair idea of the fees and charges related to solar loans:
Particulars | Charges |
---|---|
Loan Processing Fees | 0.2% to 0.6% of loan amount |
Loan Cancellation | 1% |
Stamp Duty Charges | As per actuals |
Legal Fees | Nil |
Penal Charges | Nil |
Other fees and charges that lenders may levy on your solar loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.