Raiffeisen banka has introduced investment loans for the purchase of solar panels intended for micro and small enterprises and entrepreneurs into its product offer. The maximum repayment period is ten years, with a grace period of up to 12 months.

Jelena Aksić, Member of the Managing Board of Raiffeisen banka 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 other important benefits.

One of them is also a 12-month grace period. This means that those who opt for this kind of investment will pay the first installment only after one year.

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.

And that is not all. With investment loans for the purchase of solar panels no mortgage is necessary. For this type of loan, a pledge on solar panels is sufficient, in accordance with the creditworthiness of the client and the bank’s Credit Policy.

“Raiffeisen banka is actively taking part in solving the problem of environmental protection. It is our obligation to search for the best models and be part of the solution. With these specialized loans for the purchase of solar panels intended for micro and small enterprises and entrepreneurs, we will enable our clients to save money, but also to be individual producers of green energy and that way to plan their budgets better and reduce their dependence of changes in the fuel market“, Jelena Aksić stated.

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.

You can find more information on the web page for solar panel loans https://www.raiffeisenbank.rs/solarni-paneli/