Solar Financing 

Plug into the Sun

We have partnered with several leading banks to provide you concessional financing to make your solar investment cheaper* ….

* Subject to credit approvals

To promote solar energy in the country, the Government of Pakistan has taken number of initiatives. State Bank Pakistan offers concessional Bank financing to customers installing solar power making it affordable for the masses. This is a win-win situation as the customer does not have to make an upfront investment and their instalments are often lower than monthly billing!

Instaenergy facilitates its customers to avail concessional financing from leading Banks of Pakistan. Our team will be happy to answer your queries and share detailed information relating to financing options.

  • Financing Terms
  • Flexible tenure between 3-5 years
  • Concessional Financing Rate
  • Maximum 6% for customer
  • 3% SBP and 3% commercial bank or DFI

Key Features:

Flexible Financing Options: Tailor your payment plan to fit your budget and financial goals. Our flexible financing options ensure that you can embrace solar energy without compromising your financial stability.

Competitive Interest Rates: Benefit from competitive interest rates offered through our trusted banking partners. We prioritize cost-effectiveness, making solar financing with Instaenergy a smart and economical choice.

Effortless Application Process: Our streamlined application process ensures a hassle-free experience. Apply with ease, and let us guide you through the approval process, getting you closer to the benefits of solar power sooner.

Why Choose Solar Financing with Instaenergy:

Trusted Banking Partners: Instaenergy’s collaboration with renowned banks underscores our commitment to reliability. Partnering with trusted financial institutions ensures a secure and transparent financing experience.

Immediate Access to Solar Benefits: Say goodbye to significant upfront costs. With our financing options, you can immediately enjoy the advantages of solar power while spreading the investment over a convenient timeframe.

Contribution to a Sustainable Future: Opting for solar financing is not just a financial decision but a conscious choice to contribute to a sustainable planet. It’s an investment in clean energy that pays dividends for both your wallet and the environment.

Embark on your solar journey today with the support of Instaenergy’s Solar Financing Solutions. We believe that everyone should have the opportunity to embrace sustainable energy, and our financing options make that vision a reality. Choose affordability, choose sustainability, choose Instaenergy.

Instaenergy Partners

JS Bank

JS GharApna offers a one window solution for financing and installation of the solar panel system at your home.

Financing: Between

Rs. 300,000/- and Rs. 2,000,000/-

Collateral: Solar Panel marked HPA to JS Bank (only through JS Bank’s Authorized vendors)

Charges: Rs. 14,000/- plus FED

Mark up: Fixed at 6% per annum

Tenor: Between 3 to 5 years, with repayment in monthly instalments

Down Payment: Minimum 25% of the financing amount

Insurance: Offered through reputable insurance partners at a preferential rate.

Eligibility Criteria:

  • Computerized National Identity Card (CNIC) holder
  • Owner of the resident (House) – where solar panels are to be installed
  • Only for residential properties not for semi-commercial or commercial properties

Required Document Checklist:

  1. Open an account at JS Bank (Current or Savings)
  2. Fill & sign loan JS GharApna Solar Panel Financing application form
  3. Obtain quotation of solar panels systems from authorized energy partner of the Bank
  4. Two (2) recent passport size photographs
  5. Copy of CNIC / NICOP
  6. CF-1 Undertaking Form
  7. JS GharApna Solar Panel Key Fact Sheet
  8. Property Ownership document (Title Deed) along with latest utility Bill & Electricity Bill (for proof of ownership)
  9. Bank statements business or personal account with account maintaining certificate
  10. Contact details of the Applicant & Co-borrowers
  11. Must be an active tax payee with NTN number
  12. Any other requirement of the Bank

Bank Alfalah

A term finance facility for customers willing to install solar energy equipment for generation of electricity ranging from 4 KW to 1000
KW with net metering.


Features and Benefits:

  • Customized financing solutions
  • Affordable mark-up rates
  • Repayment tenure of up to 5 years
  • Limit Enhancement facility
  • Replacement Financing (Post Facility Pay-off)

Target Market & Eligibility Criteria / Documentary Requirements:

Individuals / Staff (preferred companies) with an intent of net-metering:

  • Clean e-CIB report
  • Income proof / salary slips / bank statement
  • Utility bills of last 1 year
  • Non-objection certificate from all owners in case of joint property
  • Installment amount should not exceed 20-30% over and above 3-month peak bill average
  • Load applicability assigned by respective DISCO & Vendor survey report

Commercial, SMEs & Agri Business:

  • Clean e-CIB report
  • Proof for being in the business for at least three years (not applicable for Agri customers)
  • Utility bills of last 1 year (not applicable for Agri customers)
  • Non-objection certificate from all owners in case of joint property
  • Instalment amount not to exceed 20-30% over and above 3-month peak bill average (not applicable for Agri customers)
  • Load applicability assigned by respective DISCO & Vendor survey report


Must be registered by Alternative Energy Development Board. Payments shall only be made to pre-approved vendors / suppliers

Mark-up Rate:

6% per annum

Frequency of Payments:

Principal: Monthly / Quarterly / Bi-annual
Mark-up: Monthly / Quarterly

Financing Tenure:

Up to 5 years with 3-month grace period

Down Payment:

  • Self-Owned Premises & Agri Facilities: 20%
  • Rental & Leased Facilities: 25%
  • Staff (with an intent of net-metering): 10%


  • Hypothecation of Equipment
  • Personal Guarantees
  • Security Cheques
  • Insurance
  • Mortgage of property, cash / cash equivalent securities (shall be case dependent)

Limit Caps:

(Adequate collateral as per bank policy is required for following cases)

  • Rental Premises Residential customers: above 2.5 million
  • Owned Premises Residential customers: above 4.0 million
  • SMEs & Commercial businesses: above 10.0 million
  • Agri Customers / Business (Farming / Non-Farming): collateral equivalent to loan amount shall be taken for all cases
  • Maximum Loan Amount for single borrower: 400 million

Processing Charges:

Rs. 5,000/- or 0.2% of the loan amount whichever is higher, non-refundable per application


Insurance for the first year will be charged upfront with down payment and will be built in instalments for remaining years