Affordable Solar Financing

Turning the net cost (after subsidy) into manageable, low-interest EMIs. We connect you with authorized banks.

Calculate Your EMI

PM Surya Ghar Low-Interest Loans

The Government has mandated banks to offer loans at competitive rates (typically around 6-7% p.a.) for the residential share of the solar cost after the subsidy is applied. We simplify the documentation required for this process.

Key Loan Parameters:

  • Interest Rate: Typically 6.5% - 7.5% (check current scheme rates).
  • Loan Tenure: Up to 10 years (120 months) is common.
  • Collateral: Usually collateral-free for small residential systems.
  • Our Role: Preparing the DPR (Detailed Project Report) and coordinating with the bank on your behalf.

Sample EMI Planner

Estimate your monthly EMI using current benchmark rates. Actual values may vary by bank.

System Size Approx. Net Cost Loan Amount EMI @ 7% (120M)
3 kW ₹1,05,000 ₹60,000 ₹696 / month
5 kW ₹1,70,000 ₹1,10,000 ₹1,276 / month
10 kW ₹3,10,000 ₹2,20,000 ₹2,553 / month

*Net cost assumes subsidy already deducted. EMI is indicative for illustration.

Commercial Financing (Non-Subsidy)

For businesses, factories, and institutions, we provide detailed financial modeling for CAPEX and RESCO models to maximize ROI.

  • CAPEX: Full ownership, fastest ROI (typically 3-5 years).
  • RESCO: Zero investment, pay only for discounted electricity (PPA).
  • OPEX to CAPEX migration support.
Request Feasibility Deck

Fast-Track Process

  1. Share last 12 months electricity bills.
  2. We run a load assessment & subsidy estimation.
  3. Bank partner verifies KYC & credit profile.
  4. Loan sanction & installation kickoff.
Use Savings Calculator

Required Documents

  • Aadhaar & PAN of applicant
  • Latest electricity bill
  • Bank statement (6 months)
  • Property ownership proof
Submit Documents

Our Partner Banks

We work closely with major banks authorized to facilitate PM Surya Ghar financing.

State Bank of India
PNB (Punjab National Bank)
HDFC Bank
Bank of India

Note: Availability of specific loan schemes depends on current bank policies and applicant eligibility.

Financing FAQs

Get clarity on frequently asked questions before you apply.

Can I prepay the loan without penalty?

Most banks allow part-prepayment or foreclosure after 6 EMIs with minimal charges. We guide you to choose a lender with flexible prepayment terms.

Is insurance coverage included?

Optional solar asset insurance can be bundled with the loan. It protects against natural calamities and theft for the tenure of the loan.

How soon can installation begin?

Once the loan is sanctioned, we initiate material procurement within 48 hours and schedule installation as per your convenience.