ENA MSME 2026-02-05 17:47:10 <p><span style="font-size:14px"><strong>New Delhi, Feb 5 (KNN)</strong> Axis Bank has announced the launch of Rooftop Solar Finance, a dedicated financing product aimed at helping micro, small and medium enterprises (MSMEs) shift to solar energy and manage energy costs through greater self-reliance.</span></p> <p><strong><span style="font-size:14px">Loan Structure and Eligibility</span></strong></p> <p><span style="font-size:14px">Under the scheme, MSMEs can access collateral-free loans ranging from Rs 10 lakh to Rs 2 crore, with repayment tenures between four and seven years. </span></p> <p><span style="font-size:14px">The bank said the structure is designed to enable investment in rooftop solar installations without straining balance sheets or working capital.</span></p> <p><strong><span style="font-size:14px">Cost and Energy Benefits</span></strong></p> <p><span style="font-size:14px">By supporting the installation of self-owned rooftop solar systems, the initiative is expected to help MSMEs reduce operating expenses, improve predictability of energy costs and strengthen long-term financial stability. The programme also aligns with broader efforts to promote clean energy adoption.</span></p> <p><strong><span style="font-size:14px">Nationwide Availability and Partnerships</span></strong></p> <p><span style="font-size:14px">The product is being rolled out across India through Axis Banks branch network. </span></p> <p><span style="font-size:14px">To support implementation, the bank has partnered with select original equipment manufacturers to ensure quality standards. It has also tied up with a technology partner to provide MSMEs with greater transparency on system costs, expected savings and project execution timelines.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 45047 https://knnindia.co.in/news/newsdetails/msme/axis-bank-rolls-out-collateral-free-rooftop-solar-loans-for-msmes 2026-02-05 17:47:10 knnindia.co.in