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Axis Bank Rooftop Solar Finance: Collateral-Free MSME Loans

7 February 20261 min read
BANKING & FINANCEAxis Bank RooftopSolar Finance:Collateral-FreeMSME Loans7 February 2026safalsetu.com

Why in the news

Axis Bank introduced a loan product to help small businesses install rooftop solar, with the aim of cutting their power costs and backing the clean energy shift.

Key facts

  • Product: Rooftop Solar Finance, launched on 5 February 2026.
  • Target borrowers: MSMEs.
  • Loan size: ₹10 lakh to ₹2 crore, with no collateral needed.
  • Repayment: flexible tenure of 4-7 years.
  • Delivery: through tie-ups with OEMs and a technology partner.

Objective

  • Lower energy expenses for MSMEs.
  • Support India’s clean energy transition.

Exam angle

  • Lender behind the product: Axis Bank.
  • Collateral-free ticket size: ₹10 lakh to ₹2 crore.
  • Tenure window to remember: 4-7 years.

Test yourself

1. Axis Bank's Rooftop Solar Finance is meant for which borrower segment?

The product targets MSMEs adopting solar energy.

2. What is the repayment tenure offered under Axis Bank's Rooftop Solar Finance?

The notes give a flexible tenure of 4 to 7 years.

3. What loan range does Axis Bank's Rooftop Solar Finance provide without collateral?

The collateral-free range is ₹10 lakh to ₹2 crore.

This topic is part of Daily Current Affairs 7 February 2026 (19 topics).

All topics of the dayDay quizFebruary 2026

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