Towards A Greener Pakistan

With MCB Green Ghar Finance, go solar today and enjoy the benefits of clean & green energy. It’s time to power your home—and the planet—sustainably.

Key Features

• Broad range of financing available: PKR 200,000 - PKR 5,000,000
• Financing tenure: Flexibility to borrow funds for up to 7 years
• Insurance: Mandatory Solar Equipment Insurance
• Minimum Equity Requirement: 20% for Salaried Class 25% for Self Employed or Business Owners
• Cities: Lahore, Karachi, Islamabad, Rawalpindi, Faisalabad, Abbottabad, Bahawalpur, Gujranwala, Hyderabad, Multan, Peshawar & Sialkot
• Collateral/ Security:
• Up to PKR 1.5 Million loan amount: No requirement
• Above PKR 1.5 Million loan amount: Mortgage against residential property

Pricing

• Markup Rate: 6 Month KIBOR + 3.5%

Eligibility Criteria

• Individuals with income source from one of the following
• Salaried
• Self-Employed
• Net income (Salaried individuals): PKR 100,000 per month
• Net income (Self-employed individuals): PKR 150,000 per month
• Employment Length: 2 years for Salaried and 3 years for Self-employed Professional/Businessman
• Debt Burden Ratio: 50% for Salaried Individual & 50% for Self-employed Professional/Businessman
• Borrower Age: 25 to 65 years old or up to retirement age (for salaried individuals), whichever is lower at the time of loan maturity

Minimum Documentation

• Application Form
• Copy of valid CNIC/NICOP
• Two passport size photographs
• Declaration of all financing facilities availed from all banks/DFIs
• Income documents
• Business /employment proof
• Copy of property documents
• Agreement between Customer and the vendor for installation of the Solar Panel

List of Approved Vendors

• Allied Solar Private Limited
• Pantera Energy Private Limited
• Zeus Energy Private Limited
• AMA Energy Services Private Limited
• Elahi Energy
• AE Power Alternative Energy Private Limited
• Hadron Solar Pvt. Limited
• Sun Solar LLP
• Sleek Solar International Private Limited
• Albario Engineering Private Limited
• Sunhance Private Limited
• Green Industrial Solutions Private Limited
• Nimir Energy Limited
• E-Shack Solutions
• Symple Energy Private Ltdz
• Multiline
• Sun Store Solar Power Solution
• The Sky Land Energy

Charges

As per Schedule of Bank Charges. Please click here to view

So what are you waiting for?

Apply Now

For Further details, dial 111-000-622 for Call Center and/or you may also dial 042-35987979 for our Consumer Helpdesk.

Note:All loans shall be processed and approved as per MCB Bank Limited sole discretion in accordance with regulations and Bank’s approved policies and procedures.

*Terms and conditions apply