Government Support
Reduce Your Solar Investment
The Government of India is aggressively promoting rooftop solar through direct financial subsidies. Under the PM Surya Ghar Yojana, homeowners can significantly reduce the upfront cost of going solar.
GET UP TO
₹1,08,000
SUBSIDY
SOLAR SAVINGS FOR HOMES IN INDIA
Banks Offering Solar Loans in India (2026)
Government banks offer the lowest rates under the PM Surya Ghar scheme. Compare before applying.
State Bank of India (SBI)
7% – 8.5% per annum · Up to 15 years
Bank of Baroda
7.5% – 9% per annum · Up to 10 years
Punjab National Bank (PNB)
7.5% – 9.5% per annum · Up to 10 years
Canara Bank
8% – 10% per annum · Up to 7 years
HDFC Bank
10% – 12% per annum · Up to 7 years (unsecured)
Documents Required for Solar Loan
Keep these ready before visiting the bank to speed up approval.
KYC
Aadhaar Card & PAN Card
Income Proof
Salary slips or ITR (2 years)
Bank Statements
Last 6 months
Property Proof
Ownership / possession documents
Electricity Bill
Latest 3 months
Installer Quotation
From DISCOM-empanelled vendor
Passport Photo
2 recent photographs
DISCOM Approval
For govt bank loans (PM Surya Ghar)
Solar Parks & Ultra Mega Solar Projects
A government initiative focused on developing large-scale solar parks with ready-to-use land, transmission infrastructure, and utilities to accelerate utility-scale renewable energy generation.
PM-KUSUM Scheme
A government scheme empowering farmers through solar-powered irrigation systems and decentralized solar power generation to reduce energy costs and increase income.
Support
Subsidy FAQs
PREDICTABLE POWER FOR A SUSTAINABLE FUTURE
Join homeowners and businesses who have already transitioned to affordable solar energy solutions.