Public sector lender Allahabad Bank has tied up with Tata BP Solar India Ltd. whereby the bank will be offering loans in rural areas to customers for installation of solar off-grids made by Tata.

According to a statement released by the bank, the bank would be offering ‘capital subsidy cum refinance scheme for installation of solar off grids.

The customer segment to be included for this scheme involve farmers, agricultural labourers, rural artisans, professionals, entrepreneurs and salaried persons and others.

The lender has link ups with Kirti Solar and Bhaskar Solar.