India’s Capri Global Capital Ltd, a Non-banking financial company, has launched its Rooftop Solar Finance product for MSMEs. The new financing option is designed to help individuals and businesses to adopt solar energy by covering the cost of solar modules, inverters, batteries, and installation. Loans ranging from INR50,000 to INR25 lakh will be available through a partnership with Credit Fair, a renewable energy fintech platform that provides digital onboarding. The initial rollout will focus on Rajasthan, Madhya Pradesh, and Gujarat, with plans to expand into Delhi, Maharashtra, Uttar Pradesh, and Uttarakhand by the end of the year. Capri Global expects to grow its solar finance loan book to ₹1,000 crore in the coming years.
Capri Global unveils rooftop solar loans to power MSMEs
Capri Global’s partnered with Credit Fair to ensure digital access to solar finance, helping homeowners and businesses adopt renewable energy. (Image Credit/Source: fietzfotos/Pixabay)
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