Partnership
Orb Energy joins SBI solar loan scheme
By Startup Enthusiast ·
- Date
- Company
- Orb Energy
- What it does
- Approved SBI solar vendor
- Kind
- Partnership
- Based in
- Bengaluru
- Founded
- 2006
What they do
Orb signed up as an approved vendor under State Bank of India's Surya Shakti Solar Finance Scheme
What happened
Business buyers can borrow up to Rs 10 crore with at least 20% down payment
Why it matters
Home customers can get loans of up to Rs 10 lakh for rooftop solar
The details
- Orb became an approved vendor for SBI's solar scheme in June 2024.
- Commercial loans go up to Rs 10 crore.
- Home loans go up to Rs 10 lakh.
- The scheme aims to widen finance for solar installs.
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- Orb Energy crosses Rs 300 crore solar lending14 January 2025 · News
- Orb Energy opens 35 MW solar park22 May 2024 · Launch
- Orb Energy raises $20M loan from US DFC6 October 2022 · Funding · $20M
- Orb Energy hires Rabindra Satpathy as executive vice president4 June 2020 · People
- Shell buys 20% of Orb Energy3 October 2019 · Funding