Bank Loan for set up charging Station may be availed as same procedure as for any other business Loan. There is no Special window or a provision from  the Bank  for the Charge Point Operators . There is no License required but single Approval is required to open a Charging Station . The developing process is quite different from set up Fuel Station ( Petrol Pump)

Loan apply after approval for setup charging Stations obtained : At a location at fresh land , the number of Approval and NOC may varies and many . But Nodal approval is Only one which is to be taken from the concerned DOSCOM.

Loan is easy when set up of charging station at  own Land :Those who have own Land on Highway or at connecting Highway. Within the city ,the parking space available on existing business premises is good enough in city. The number of approvals are many if setting up of charging station is proposed at a Fresh land. At the pre existing business site the Number of approval and NOC are lesser number as compare to fresh land.

Loan for set up charging station by Mortgage Land as Security: The Major investment to set up a charging station goes towards the DC Fast chargers & associated Machinery. Such associated machines  works for Power management and controlling supply to the Fast chgargers. To obtained the Banks Loan, the quotation should be taken from the Vendors and bank will release when 10 to 30 % advance given to supplier . Trest part of the value of the Such Dc Fast chargers and machinery will be paid by Bank  directly to vendors.

Loan up to 70% of DC Fast chargers & machinery To setup charging station minimum investment is  Rs 25 Lacs.The Cost of all Fast and slow  Chargers & associated Machinery start from Rs 15 Lacs. So the Loan amount will be approximately Rs 10 Lacs ,out of 25 Cost of set up a charging station with a single DC fast charger of 50  or 60 Kwh. The AC slow chargers cost are varies from 50 thousand Rupees to 1.5 Lcas only.