📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      Axis Bank’s “Rooftop Solar Finance” scheme for

      MSMEs provides loans in which of the following ranges?
      A ₹5 lakh to ₹1 crore Correct Answer Incorrect Answer
      B ₹20 lakh to ₹5 crore Correct Answer Incorrect Answer
      C ₹10 lakh to ₹2 crore Correct Answer Incorrect Answer
      D ₹15 lakh to ₹3 crore Correct Answer Incorrect Answer
      E ₹25 lakh to ₹4 crore Correct Answer Incorrect Answer

      Solution

      Under the “Rooftop Solar Finance” initiative, Axis Bank offers collateral-free loans to MSMEs ranging from ₹10 lakh to ₹2 crore. The repayment tenure is flexible between 4 to 7 years. The product is designed to support MSMEs in adopting rooftop solar systems without exerting pressure on balance sheets or working capital cycles.

      Practice Next
      ask-question