HBL (Habib Bank Limited) offers a solar financing program aimed at making solar energy systems affordable for both residential and commercial users. This initiative helps overcome the high upfront costs associated with solar installations, making renewable energy accessible to more people in Pakistan.

Solar financing details

Financing HBL Solar allows individuals and businesses to install solar systems with the help of loans, repaid through manageable monthly installments. HBL's solar finance scheme is designed to ease the financial burden of going solar by offering flexible repayment options and competitive interest rates.

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Features of HBL Solar Financing

  • Loan duration: Flexible repayment periods ranging from 1 to 12 years, depending on the loan category.
  • Types of interest: Competitive rates to make solar installations more affordable.
  • No prepayment penalties: Customers can repay the loan early without additional charges.
  • Fast processing: Fast loan approval and disbursement process.
  • Free solar evaluation: HBL offers a free evaluation to help determine the optimal solar system size and configuration for your needs.

Eligibility criteria

To qualify Solar financing HBLapplicants must meet the following criteria:

  • Pakistani National: You must have a valid CNIC.
  • Age range: Between 21 and 65 years.
  • Income: Regular income that meets HBL's minimum requirements.
  • Credit history: A reasonable credit score is required.
  • Property Ownership: The applicant must be the owner of the property where the solar installation will be installed.
  • Contributor: You must be an active taxpayer with a valid NTN.

Benefits of HBL Solar Financing

Affordable installations significantly reduce the initial cost of solar systems, making them more accessible to a wider range of people. This affordability, in turn, helps lower monthly electricity bills as solar power decreases grid dependency. In addition, the use of solar energy has a positive environmental impact by promoting clean energy and reducing the carbon footprint. Additionally, solar installations can increase property value, making them a smart and valuable investment for homeowners.

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Application process

  1. Choose a bank: Search HBL and other banks to find the best financing option.
  2. Prepare documents: Gather the necessary documents like CNIC, proof of ownership and proof of income.
  3. Send request: Apply for the loan through HBL.
  4. System Installation: Coordinate with HBL and the solar company for the installation.
  5. Initiate the refund: Start making monthly payments according to the loan agreement.


The HBL Solar Financing Program is a vital initiative to promote renewable energy in Pakistan. By offering financial support and easy repayment options, it helps make solar energy accessible to more people. This program not only benefits individual users by reducing electricity costs, but also contributes to environmental sustainability.

Frequently asked questions

What is the interest rate for HBL solar financing?

The interest rate is competitive and varies, usually around 6% per annum as per SBP guidelines.

Can businesses apply for HBL solar finance?

Yes, both residential and commercial users can apply for solar finance through HBL.

How much is the repayment period for HBL solar loans?

The repayment period ranges from 1 to 12 years, depending on the category and amount of the loan.

Is there a penalty for early repayment of the loan?

No, HBL allows early repayment without penalty or additional charges.

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