Union Bank of India offers financing for various types of renewable energy equipment, including solar panels.

• To purchase brand new solar water heating systems with necessary accessories for usage in Agro processing units.
• Solar home lighting system aims at providing electricity for operating LED lights and small DC loads for specified hours of operation per day in rural farms.

The maximum loan amount available for renewable energy equipment financing varies depending on the type of equipment, the amount of funding required, and the borrower's eligibility. The bank will evaluate each application on a case-by-case basis and determine the loan amount accordingly.

The tenure of the loan for financing renewable energy equipment depends on the type of equipment and the repayment capacity of the borrower. The maximum is 7 years.

The interest rate for financing renewable energy equipment from Union Bank of India varies depending on various factors such as the borrower's eligibility, loan amount, tenure, and type of equipment. It is advisable to check the latest interest rates on the bank's website or contact the bank for further information.