Financing & Solar Loans
Go solar at ₹0 down. EMI lower than your electricity bill.
PM Surya Ghar collateral-free loans at ~7%, plus our bank & NBFC partners for tenures up to 10 years.
Options
Three ways to finance your rooftop solar
PM Surya Ghar Scheme Loan
~7% p.a.
Up to ₹2 lakh collateral-free for systems up to 3 kW via SBI, PNB, BoB, Canara, Union Bank and other PSBs. Applied through the national portal.
Bank Solar Loan
8.5% – 10.5%
Up to ₹10 lakh for larger systems; 5–10 year tenure; home-loan top-up also possible.
NBFC Easy EMI
11% – 14%
Instant digital approval in 10 minutes with Aadhaar + PAN; ideal when you need quick installation.
Example: 3 kW system
| System cost | ₹1,85,000 |
| Loan (after ₹1 booking) | ₹1,85,000 |
| EMI @ 7% for 5 years | ≈ ₹3,660 / month |
| Subsidy received (prepay loan) | ₹1,08,000 |
| EMI after subsidy prepayment | ≈ ₹1,525 / month |
| Electricity bill saving | ≈ ₹2,700 / month |
Your EMI is lower than your monthly saving from day one — solar pays for itself.
Documents
What you need for a solar loan
- Aadhaar & PAN
- Last 6 months bank statement
- Latest electricity bill
- Income proof (salary slip / ITR) for loans above ₹2 lakh
Bank partners
SBI
PNB
Bank of Baroda
Canara Bank
HDFC Bank
ICICI Bank
Interest rates indicative and subject to bank approval & credit score. Check your credit score →
Get loan pre-approval with your quote
Free site survey · Subsidy filing included · 5-year free AMC