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The loan is facilitated by many lenders such as banks, NBFCs, and other financial institutes. This credit facility is mainly for the Energy Sector to them whose projects are qualified to invest in energy conservation, renewable energy, alternative fuels, or create other products from recycled materials. Such projects are eligible to apply and can be able to apply for this loan.
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Energy Sector Loan • The loan is facilitated by many lenders such as banks, NBFCs, and other financial institutes. This credit facility is mainly for the energy sector loan to them whose projects are qualified to invest in energy conservation, renewable energy, alternative fuels, or create other products from recycled materials. Such projects are eligible to apply and can be able to apply for this loan. Benefits and Features • It is a long-term loan with a fixed Rate of Interest and avoids more expenses on a high-interest credit card. • The minimum rate of interest is 7.50% Onwards on the energy sector loan • It has Simplified document processing, not a complicated process • You can apply online or offline through both modes. • You can take loan amounts up to Rs. 10 lacs of Energy Sector Loan.
Eligibility criteria • The age should be between 25 –65 years of applicants. • An Applicant must be resident of India • Business producing & supplying renewable or fossil fuels • Applicants should have a good credit history, or more than 700. • Any companies engaged in exploration & development of oil, gases & refining sector can apply • Hence, you can apply for the energy sector loan interest rate easily, just fulfil the basic requirements of the lender and submit your actual document along with loan application. The details given above may vary from lender to lender. • To avail an energy sector loan, you can visit our official website of financeseva there you will get more information and full assistance to get loan.