Bajaj Finance Ltd.

Bajaj Finance, one of the largest non-banks in India, has entered into partnership with Tata Power Solar (TPS), a joint venture (JV) between Tata Power Company and British Petroleum Solar (BP Solar), to provide interest-free EMI options to consumers looking to buy solar products. This national financing tie-up will help make solar much more attractive and an affordable alternative to conventional power sources.

The interest-free EMI option will be applicable to all Tata Power Solar products across various categories including solar lighting products (Tata Solar Venus series having LED/ CFL lights), solar water heaters (Tata Solar Duro Zing & Ultima series) and power packs systems (Tata Dynamo). This option will provide instant credit processing for items below Rs 2.5 lakh, and will be initiated in the top twenty cities, across 10 states, in the first phase with a country-wide roll out over the next few months.

Bajaj Finance is one of the leading financial companies in India. It offers personal loans that are convenient, flexible, quickly processed, have superior features like zero prepayment charges & requires no security with minimum paper work. The company offers personal loans for home renovation, marriage in family, holiday, and medical expenses without providing security or guarantors.