Get Easy Loan Option for PM Surya Ghar Free Electricity Scheme

As solar energy adoption rises, many citizens face challenges due to the high initial costs of solar panel installation. To alleviate this, the government is offering financial support through solar subsidy and loan schemes.

The PM Surya Ghar Yojana allows individuals to apply for loans up to ₹6 lakh for solar panel installations at home. This initiative aims to make solar energy more accessible and affordable for the public.

Loan for PM Surya Ghar Yojana

Under this scheme, citizens can receive subsidies for installing solar panels ranging from 1kW to 10kW. Additionally, loans are available for those opting for 3kW or 10kW systems, further enhancing accessibility to solar energy.

Loan Amount Under PM Surya Ghar Yojana

Eligible applicants can secure a loan of up to ₹2 lakh for a 3kW system, requiring only 10% upfront payment. For a 10kW system, a loan of up to ₹6 lakh is available, where the applicant pays 20% of the cost.

How to Apply for Loan for Solar System?

To apply, visit the official PM Surya Ghar Free Electricity Scheme website. Register and submit required documents, including your Aadhar Card and PAN Card. After verification, your loan will be processed, with repayment options extending up to 10 years.

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Summary at glance

The PM Surya Ghar Free Electricity Scheme enables citizens to access loans for installing solar panels, addressing the high initial costs of solar energy. Eligible individuals can borrow up to ₹6 lakh for systems ranging from 3kW to 10kW, with minimal upfront payments. The application process is straightforward, requiring basic documentation and registration on the official website. These loans promote financial savings on electricity bills while supporting environmentally friendly energy solutions.

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