Loom Solar team to facilitate loans for rooftop solar needs

| | Bhopal
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Loom Solar team to facilitate loans for rooftop solar needs

Saturday, 09 October 2021 | Staff Reporter | Bhopal

To facilitate the homeowners looking at availing loan or EMI solution for Solar power solutions, Loom Solar has set up a dedicated team to help streamline the entire process this festive season.

As festive season is all set to knock, the customers also are gearing up to make their sort after purchase of various household items, utility appliances, gifts for friends & family also things that become more pronounced are home loans, car loans, EMIs on various products etc.  It’s time to celebrate make the long-awaited purchase.

Amod Anand, Co-Founder and Director, Loom Solar says, “EMI / loan option is available across segments like homes, cars, consumer durables, phones etc. that are basis certain well-oiled process. When it comes to EMI/ loan for solar power plants the processes are yet to become more inclusive. EMI for rooftop solar needs a constant handholding by an expert for the homeowner to manage the entire process. This festive season, we at Loom Solar, have chosen to step up and be available for this need of homeowners. Our team continues to work relentlessly to help our customers opting for loan / EMI option.”

The average cost of installing one kilowatt of off grid solar system  (Solar System with batteries) is around Rs one lakh, but paying such an amount at once, is sometimes not possible. In today's time, people buy mobile phones, cars, houses, TVs, fridges on EMI, in which they pay money through monthly instalments.

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