Easy Solar Financing

Go solar with zero upfront costs. We partner with top national banks to provide collateral-free, low-interest solar EMIs.

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Top Bank Partners

We have direct tie-ups with SBI, HDFC, ICICI, and Union Bank to ensure swift loan processing directly through the Jan Samarth portal.

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Low Interest Rates

Solar loans start at an attractive ~7% to 9% per annum for PM Surya Ghar applicants, making your EMIs cheaper than your electricity bill.

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No Collateral

For loans up to ₹2 Lakhs, no collateral is required. The solar plant itself serves as the hypothecated asset for the bank.

Required Documents

Frequently Asked Questions

What is the tenure of a solar loan?
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Most banks offer solar loan tenures ranging from 3 to 5 years. You can choose the tenure that makes your EMI comfortable.
Can the subsidy be used to prepay the loan?
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Yes, absolutely. When the PM Surya Ghar subsidy is credited to your bank account, you can use that amount to make a bulk prepayment towards your solar loan, reducing your outstanding principal and EMI.
Are there any hidden processing fees?
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Banks typically charge a nominal processing fee (often just ₹500 or waived entirely for certain schemes). State Solar Grid India does not charge any extra fees for helping you secure the loan.
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