Updated September 2026
Solar on installments.
The honest position.
Banks do finance solar in Pakistan. Most people in our districts still cannot get it, and the reason has nothing to do with them. Here is exactly how it stands.
The short answer
Yes it exists. No, we cannot arrange it for you today.
The financing is yours, not ours
A solar installment plan is a bank loan in your name. The bank pays the supplier in one go and you repay the bank every month. No solar company in Pakistan lends you the money itself.
The bank chooses who installs it
Every solar financing product we have found requires the system to be bought from a vendor the bank has approved. You cannot take the financing and pick any installer you like.
We are not on an approved list yet
We will not tell you otherwise. We are working through the registrations, and asking banks to look again at this region. The day it changes, it will say so on this page.
If a solar company in this area tells you they can put your file through a bank today, ask which bank and ask to see their vendor approval. We would be glad to be proved wrong.
What the banks require
The numbers nobody tells you before you apply
Published terms, taken from the banks themselves. They change, so confirm at the branch before you plan around anything here.
Bank of Khyber — Roshan Ghar scheme
This is the one worth your time. Bank of Khyber is the provincial bank of Khyber Pakhtunkhwa, and its income threshold is the lowest we have found anywhere. If you or someone in your household is a teacher, a police constable, a health worker, a WAPDA employee or any permanent government servant, you are far closer to qualifying than you think. Walk into the Batkhela or Mingora branch and ask about Roshan Ghar.
Meezan Bank — solar panel financing
Bank Alfalah, Faysal Bank, JS Bank and HBL sit in a similar band — broadly PKR 50,000 to 100,000 a month of documented income, 15% to 20% down, and commercial rates well above 6%.
On the "government scheme at 6 percent". People remember a cheap State Bank facility and go looking for it. It was never something a household applied for directly — it was refinance routed through banks, and the allocation is not always open. Bank of Khyber still quotes 6% under it, subject to limit. Ask the branch what is actually available this month.
Why it keeps failing here
It was never about your paperwork
People in Batkhela, Chakdara, Timergara, Mingora and Kabal apply for solar financing and hear nothing back. The usual conclusion is that the bank found something wrong with their file. That is almost never what happened.
Until this year, Malakand Division and the merged districts held a decades-old exemption from federal taxes — a legacy of the FATA and PATA arrangement. Banks treated the region as sitting outside the normal documentation regime, and largely kept it outside their solar financing programmes. When we went looking, we could not find a bank with an approved solar vendor operating in Malakand Division at all. With no approved vendor in the district, an application has nowhere to go, whatever your income.
That exemption ended on 1 July 2026. Industrial production in these districts now carries 12% sales tax and 7% income tax, the same as the rest of the country. The reason banks gave for excluding this region no longer exists. Bank credit policy moves slowly, so it has not all caught up — but the ground has shifted, and it shifted in your favour.
While you wait
Compare it against the bill you already pay
This is the part most people never work out. You are already paying for a solar system every month — you are just paying it to PESCO, and at the end of it you own nothing.
A 6 kW hybrid system
From PKR 917,000 complete — inverter, lithium battery, twelve panels, mounting, wiring, installation and commissioning.
A bill of PKR 25,000 a month
Comes to PKR 900,000 over three years. Roughly the cost of the system — and after three years the bills keep coming.
What changes after February 2026
Under net billing a unit you consume yourself is worth the full retail tariff you avoid. A unit you export is worth Rs 8.13. Correct sizing now matters far more than a big system.
Those are reference figures, not a quote. Your real number depends on your actual load, your roof and the backup hours you need. The load assessment is free and there is no obligation attached to it.
We are an EPEVER authorized dealer with over 3 MW installed across Malakand, Swat, Dir and Buner since 2020, and branches in Batkhela, Kabal and Mingora. When financing does open here, we intend to be ready for it.
Questions we get asked
Straight answers
Can I get solar on installments in Pakistan?
Yes. Several banks finance solar systems, including Bank of Khyber, Meezan Bank, Bank Alfalah, Faysal Bank, JS Bank and HBL. The financing goes to you, not to the installer: the bank pays the supplier and you repay the bank monthly. The difficulty is not whether the product exists, it is whether you qualify and whether an approved vendor operates in your district.
What income do banks require for solar financing?
It varies widely. Meezan Bank's published terms require a minimum salary of PKR 100,000 per month for salaried applicants, or PKR 500,000 per month income for business owners with five years of trading. Bank of Khyber's Roshan Ghar scheme is far more accessible, requiring a minimum income of PKR 25,000 per month for permanent government or semi-government employees with one year of service, or self-employed applicants with three years in business.
Is there a government solar scheme at 6 percent?
Bank of Khyber's Roshan Ghar scheme quotes a fixed markup of 6 percent under the State Bank refinance facility, subject to a limit being allocated to the bank. That allocation is not always available, so confirm the current rate with the branch before you plan around it. Most commercial banks lend at ordinary market rates, currently far higher.
Why do solar financing applications from Malakand keep getting refused?
Until 1 July 2026, Malakand Division and the merged districts held a long-standing exemption from federal taxes. Banks treated the region as outside the normal documentation regime and largely kept it outside their solar financing programmes. That exemption ended on 1 July 2026, when industrial production in these districts became subject to 12 percent sales tax and 7 percent income tax. The reason for the exclusion has gone, but bank policy has not necessarily caught up yet.
Does Green Voltaics offer installments?
Not yet, and we will not pretend otherwise. We are not currently on a bank's approved solar vendor list. We are working through the registrations that would allow it, and we are asking banks to review their position on this region now that the tax status has changed. The day that changes, we will say so on this page.
What can I do in the meantime?
Two things. Talk to Bank of Khyber directly, especially if you or a family member is in permanent government service — their income threshold is the lowest we have found. And ask us for a straight cash quote, so you can compare the one-time cost against what you already pay PESCO every month. For most households the system costs less than three years of bills.