Solar system latest installment plan with Meezan Bank in June 2024

LAHORE – Increasing electricity cost amid loadshedding during summer season has forced people to switch to solar energy by cutting dependency on national grid.

Installing the solar setup for residential or commercial use not only saves the owners from higher taxes on bills but also provide electricity round the clock.

You can get installed the solar system keeping in view their needs as it is available in different capacities.

The 5 kilowatt on-grid solar system is mostly installed by residential customers as it suits them in terms of capacity and affordability.

Roughly, the price of 5kva solar system in Pakistan starts from Rs770,000 depending on quality of solar panels, inverter, structure and other components.

You can run a 1.5ton AC, fridge, fans and lights with the 5KW solar system.

Meezan Bank offers financing of complete solar panel systems for your home. You can lower your monthly electricity bill by up to 50%, by availing an interest-free solar financing solution.

To determine the payment plan for 5kw solar system, we have selected the estimated amount of Rs800,000. Following is the three year payment plan with 25% advance payment for salaries person:

The applicant will pay Rs200,000 as down payment while the installments will start from Rs27,860 while the final installment will be Rs16,998.

3.6kw solar system price in Pakistan

The prices of the 3.6 kw solar system in Pakistan ranges between Rs450,000 to Rs550,000, depending on the quality of the components.

This setup is enough to run a 1 ton AC, fridge, fans and lights.

3.6kw solar system Installment Plan with Meezan Bank

We have selected a tentative amount of Rs550,000 to get the installment plan for the 3.6kw system.