IndiaBanks.org · independent research

Business, & agriculture finance

Maha Bank Finance to Solar Vendor

Fund-based and non-fund-based working-capital finance above ₹10 lakh and up to ₹5 crore for registered solar vendors, with cover and 25% stock/book-debt margin.

Finance amountAbove ₹10 lakh and up to ₹5 crore; fund-based and non-fund-based working-capital facilities.Interest rateConcessional rate linked with Internal Risk Rating and CMR; no numeric spread is published.Eligible entitiesIndividuals, proprietorships, partnerships, private/public companies, LLPs and OPCs that are MSME solar vendors/channel partners/subcontractors.
Official product page ↗Compare category

Quick eligibility check

Maha Bank Finance to Solar Vendor

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Individuals, proprietorships, partnerships, private/public companies, LLPs and OPCs that are MSME solar vendors/channel partners/subcontractors?

Published source: Eligible entities

2Do you meet this requirement: MNRE/DISCOM registration, Udyam and GST registration, at least six months' registration vintage and at least 10 projects handled in the preceding six months?

Published source: Vendor conditions

3Do you meet this requirement: Application and KYC?

Published source: Documents

4Do you meet this requirement: MNRE/DISCOM registration?

Published source: Documents

5Do you meet this requirement: Udyam and GST certificates?

Published source: Documents

6Document checkDo you have this required document or proof: Application and KYC?

Published source: Documents

7Document checkDo you have this required document or proof: MNRE/DISCOM registration?

Published source: Documents

8Document checkDo you have this required document or proof: Udyam and GST certificates?

Published source: Documents

9Document checkDo you have this required document or proof: Six-month vintage and project-completion evidence?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible entitiesIndividuals, proprietorships, partnerships, private/public companies, LLPs and OPCs that are MSME solar vendors/channel partners/subcontractors.View source
All constitution types in the table retained.
Source
Maha Bank Finance to Solar Vendor
Page / section
Eligibility entities
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Vendor conditionsMNRE/DISCOM registration, Udyam and GST registration, at least six months' registration vintage and at least 10 projects handled in the preceding six months.View source
All numeric vendor thresholds reviewed.
Source
Maha Bank Finance to Solar Vendor
Page / section
Eligibility criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Finance amountAbove ₹10 lakh and up to ₹5 crore; fund-based and non-fund-based working-capital facilities.View source
Published minimum, maximum and facility-type rows reviewed.
Source
Maha Bank Finance to Solar Vendor
Page / section
Quantum and facility types
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Margin25% for stock and 25% for book debts up to 120 days.View source
Both margin rows reviewed.
Source
Maha Bank Finance to Solar Vendor
Page / section
Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateConcessional rate linked with Internal Risk Rating and CMR; no numeric spread is published.View source
Published pricing method retained without a guessed rate.
Source
Maha Bank Finance to Solar Vendor
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
CGTMSE coverCGTMSE cover is available up to ₹5 crore and must be obtained before disbursement.View source
Coverage limit and timing reviewed.
Source
Maha Bank Finance to Solar Vendor
Page / section
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
SecurityPrimary hypothecation of assets created from bank finance. With CGTMSE cover, no further security is insisted upon; borrower-requested collateral follows Bank policy.View source
Primary and collateral alternatives reviewed.
Source
Maha Bank Finance to Solar Vendor
Page / section
Security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Maha Bank Finance to Solar Vendor — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageEligible MSME constitutions include individuals, proprietorships, partnerships, private/public companies, LLPs and OPCs. Vendor must be registered with MNRE/DISCOM, hold Udyam and GST registration, have at least six months' vintage and have handled at least 10 projects in the preceding six months.View source
The manually reviewed product record states: “Eligible constitutions include individuals, proprietorships, partnerships, private/public companies, and OPCs. Vendor must be registered with MNRE/DISCOM, hold Udyam and registration, have at least six months' vintage and have handled at least 10 projects in the preceding six months.”.
Source
Maha Bank Finance to Solar Vendor — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
DocumentsApplication and KYC; MNRE/DISCOM registration; Udyam and GST certificates; Six-month vintage and project-completion evidence; Stock/book-debt and working-capital records; CGTMSE guarantee documentsView source
The manually reviewed product record states: “Application and ; MNRE/DISCOM registration; Udyam and certificates; Six-month vintage and project-completion evidence; Stock/book-debt and working-capital records; guarantee documents”.
Source
Maha Bank Finance to Solar Vendor — official product page
Page / section
Published product metadata
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹10 lakh–₹5 crore working-capital range
  • Cash credit, pre/post-shipment export credit, and guarantees
  • 25% stock and book-debt margin
  • cover up to ₹5 crore
  • No further collateral when cover is obtained

Eligibility

  • Eligible constitutions include individuals, proprietorships, partnerships, private/public companies, and OPCs. Vendor must be registered with MNRE/DISCOM, hold Udyam and registration, have at least six months' vintage and have handled at least 10 projects in the preceding six months.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application and
  • MNRE/DISCOM registration
  • Udyam and certificates
  • Six-month vintage and project-completion evidence
  • Stock/book-debt and working-capital records
  • guarantee documents

Related official documents

Maha Bank Finance to Solar Vendorofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Entities · Published detailIndividuals, proprietorships, partnerships, private/public companies, , OPCs

This value is copied from Maha Bank Finance to Solar Vendor. Check the table notes before relying on it.

Source: Maha Bank Finance to Solar Vendor · Complete salient-features table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsMaha Bank Finance to Solar VendorView tableHide table

Scroll sideways to view every column

Maha Bank Finance to Solar Vendor
ParameterPublished detail
EntitiesIndividuals, proprietorships, partnerships, private/public companies, , OPCs
PurposeWorking capital for MNRE-registered solar-panel vendors
EligibilityMNRE/DISCOM, Udyam and ; 6-month vintage; at least 10 projects in preceding 6 months
FacilityCC; pre-/post-shipment export credit; foreign/inland ; bank guarantee
QuantumAbove ₹10 lakh to ₹5 crore
Margin25% stock; 25% book debt up to 120 days
RateConcessional; Internal Risk Rating and linked
Available up to ₹5 crore; obtain before disbursement
SecurityHypothecation; no further security with unless borrower requests collateral
Maha Bank Finance to Solar Vendor · Complete salient-features table · accessed 31 Aug 2026Open official source ↗

More from Bank of Maharashtra

Related products

Chief Minister Employment Generation Programme (CMEGP)

Maharashtra's credit-linked subsidy programme for new micro and small enterprises, with project caps up to ₹50 lakh in manufacturing and ₹10 lakh in specified service/agro/transport activities.

View product

Mahabank Commercial Vehicle Loan for Small Road Transport Operators

Term finance up to ₹2 crore for a small road transport operator to purchase commercial vehicles, with 15% minimum margin and repayment up to seven years.

View product

Mahabank Scheme for Contractors

₹10 lakh to ₹10 crore in term loan, cash credit, letters of credit and guarantee facilities for established contractors meeting the published vintage, profitability and credit-score rules.

View product

Credit Guarantee Scheme for Exporters (CGSE)

Additional collateral-free export working-capital support up to 20% of existing limits, capped at ₹50 crore per borrower, with 100% guarantee cover.

View product