With a fast-paced life and creation of e-commerce, there isn’t a dearth of shopping for choices for hungry customers. Today, a whole lot of products can be found within the on-line market and it simply wants a click on on the smartphone to purchase one. Not solely have the choices and comfort elevated, however the shopping for energy of a buyer has additionally expanded because of equated month-to-month installments or EMI, as it’s popularly referred to as. 

Loom photo voltaic shaken their hand with ZestMoney to offer EMI choices utilizing Aadhar Card & PAN Card on the acquisition of photo voltaic programs

Consumers can now simply purchase a photo voltaic system for residence and enterprise via equated month-to-month installments as they do different home devices, growing their affordability. 

Loom Solar companions with ZestMoney to offer EMIs whereas shopping for photo voltaic merchandise on-line and offline. Haryana-based start-up, a producer of Mono crystalline photo voltaic panels and AC Module has partnered with Bengaluru-based digital lending startup ZestMoney to allow customers to entry finance whereas shopping for photo voltaic merchandise on-line and offline via the platform. We will enable the dimensions of the basket to be anyplace between Rs. 3000 to 4 lakh to allow a big buyer base to entry the product.

Benefits

ZestMoney is right here to assist!

1. 1.5% curiosity EMI: Enjoy low price, curiosity free EMI whenever you select 3 – 18 months EMI plan
2. 10% down cost: We ask for 10% down cost so that you can full your buy.
3. 3-18 months EMI plan: Choose your handy compensation time period from our big selection of EMI plans.
4. 1% Processing payment: You should pay 1% extra utility processing prices. No strings hooked up
5. No pre-closure payment: You can shut your EMI with out having to pay any extra charges.

Consumer Guide

A easy information to get began…

Step 1: Loom Solar Creates A Link For The Customer

Note: Standard KYC particulars are a regulatory requirement.

Step 2: Customer Will Select EMI plan & Verify KYC particulars

Note: Standard KYC particulars are a regulatory requirement.

Step 3: Customer Will Complete employment particulars

Note: PAN card is a regulatory requirement. Please make sure that the PAN  quantity is entered appropriately.

Step 4: Please confirm your revenue particulars

Note: You can confirm your  revenue particulars by  authenticating your financial institution  account or by importing  your financial institution assertion. For  Do’s and Don’ts in  importing Bank  Statement please refer  to under web page on this PDF.

Step 5: Accept the mortgage settlement and full your KYC paperwork

Note: You can submit your selfie and authorities ID to finish your KYC  documentation.

ZestMoney Team Will Verify The Loan Application

Note : If the shopper uploads PDF  financial institution assertion or do it via Net  banking. There will probably be an immediate  choices, which may be seen on  the subsequent slide.

For Do’s and Don’ts in importing  Bank Statement please discuss with  web page 21 on this PDF.

Step 6: Loan Decision

Note: Once the mortgage is verified by our  group, buyer must click on on  the hyperlink acquired on the message  and make the down cost.

SMS Sent To Customer Post Verification

Note: Post that buyer can  setup compensation by way of eNACH  as nicely the place the consumer wants  to obtain the NACH type,  signal it and add it.

Step 7: Customer Pays The Down Payment & Set Up His Repayment

FAQ’s

What does a NACH mandate appear to be?

Note: NACH needs to be as clear as under. No different photos won’t be accepted. Proprietor title and firm seal if  Current account is used.

Important: Best Practices & Don’ts

Best practices for taking NACH {photograph}

• Sufficient lighting
• Keep digicam shut to the NACH web page
• Still digicam to keep away from blurred picture
• Do not ship on WhatsApp, as it reduces decision

NACH Don’ts

• Signature to not be created by way of MS Paint
• Signature to not be vertical or some other course
• A handbook signature on clean web page shouldn’t have any dominated paper or some other background
• Signature to not be with a marker or sketch pen
• The signature needs to be neither in very giant measurement nor in very small measurement
• Digital signature(with Stylus, mouse and so on.) is NOT accepted

NACH Accepted

NACH Accepted

NACH Not Accepted

NACH Not Accepted

Step-by-step information to add financial institution statements

How to add financial institution assertion that you simply obtain in your e mail deal with?

• Go to your most popular e mail on cell by way of app or browser
• Search for key phrase ‘bank statement’ alongside together with your financial institution’s title. For e.g: ‘ICICI Bank Statement’
• Locate the e-mail from the search outcome and open it
• Read password directions within the e mail to open the PDF file. Download the PDF
• Customer has to repeat steps to get their final 3 months PDF financial institution statements
• Use the PDF assertion password whereas importing the statements in ZestMoney

How to acquire financial institution assertion out of your netbanking?

• Login to your checking account by way of any browser
• Click on ‘Detailed Statement’ from out there choices inside your checking account dashboard
• Select the date vary for which you want to generate the financial institution assertion (Last 3 months) and click on on ‘Get Statement’
• This assertion may be downloaded or despatched to prospects e mail from financial institution dashboard
• Once downloaded, buyer must add the identical in ZestMoney portal

Conclusion

Buying a photo voltaic system entails an enormous preliminary funding. Though there are numerous benefits of putting in a photo voltaic system, its worth nonetheless stays one of many greatest hurdles for buyers pondering of going photo voltaic. Buying a photo voltaic system on installments will launch among the monetary stress and can act as an enabler for many potential customers, who often postpone investing in a solar energy system to deal with their extra important monetary wants.

For extra particulars, fill free to name us: 8750778800 and e mail us: gross sales@loomsolar.com. An photo voltaic customers can discover loom solar partner’s shop from right here in your metropolis.