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Raiffeisen bank issues loans for solar panels for a maximum repayment term of up to ten years, along with other important benefits
Board of Raiffeisen banka a.d. in charge of Retail Banking, says these specialized loans for solar panels aimed at the business segment will boost investments into renewable energy sources as well as have an additional impact on environmental protection, while also enabling clients to reduce the impact of changes on the fuel market.
By offering these loans for purchasing solar panels intended for micro and small enterprises and entrepreneurs, Raiffeisen banka has expanded the range of products which can help companies save energy used in their business and also contribute to environmental protection.
Raiffeisen banka issues loans for solar panels for a maximum repayment term of up to ten years, along with a 12-month grace period. Also, the minimal downpayment for loans for the purchase of solar panels is ten per cent. The loan approval fee has also been reduced and it now amounts to 0.5 per cent of the total loan amount approved.
In a representative calculation for clients of the bank, if the investment value is RSD 7 million, the monthly installment for a repayment period of ten years amount to RSD 58,333.33.
