Solar Lending
Diamond Trust Bank (DTB) offers financing for the purchase of solar equipment from trusted providers, supporting customers in the transition to cleaner sources of energy.
Overview
Diamond Trust Bank (DTB) offers financing for the purchase of solar equipment from trusted providers, supporting customers in the transition to cleaner sources of energy.
Target Market
Employees with verifiable sources of income.
Features
Access a comprehensive suite of banking services and tools:
Target Market: Available for salaried employees
Tenor: Minimum loan period of 6 months and a maximum of 96 months subject to the Bank’s standard policies and procedures.
Amount: Minimum KES 50,000 and maximum KES 6,000,000, subject to eligibility.
Security: Loans are fully unsecured; no collateral is required.
Eligibility: Available for both check-off and non-check-off arrangements.
Benefits
Discover the advantages of banking with Solar Lending:
Clean energy that reduces carbon emissions.
Reduced electricity bills.
Reliable power with solar and storage options.
Trusted solar technology providers.
Requirements
The customer must have a DTB account. New customers will be required to open one
Latest 3 months’ pay slips
6 months’ certified bank statements (if not banking with DTB)
A letter of introduction from your employer in DTB’s prescribed format
Certified copy of ID/Passport
Certified copy of PIN Certificate
Duly filled application form
FAQs
- Available for salaried employees
- The solar loan is a feature under our DTB unsecured loan product and therefore has a flexible repayment period of up to 96 months.
- Loan amounts of up to KSHs. 6 million.
- 3 months’ latest pay slips
- 6 months certified bank statements if not banking with DTB
- A letter of introduction from your employer in DTB prescribed format
- Certified copy of ID/Passport
- Certified copy of Pin Certificate
- Duly filled application form indicating the solar provider that will carry out installation.