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Solar financing

Make solar more
affordable.

Understand solar financing options, typical bank requirements, loan margin, subsidy credit and how your monthly EMI may look.

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Loans explained

A solar loan that
works with your budget.

Bank terms vary, and the applicable rate at sanction—not a website estimate—determines your final EMI.

Local bank scheme

J&K Bank

Its PM Surya Ghar product lists 5% margin up to 3 kW and 10% above 3 kW, with a maximum of 81 EMIs after moratorium and rate formulas linked to RLLR.

Official J&K Bank loan details ↗

Another option

J&K Grameen Bank

Its public scheme mentions up to 90% of cost or ₹2 lakh, whichever is lower, for eligible systems up to 3 kW. Different rules apply above 3 kW.

Official Grameen Bank scheme ↗

The popular “around 7%” small-rooftop loan figure is scheme guidance, not a universal guaranteed interest rate. J&K Bank publicly quotes rates relative to its benchmark (RLLR). Check the current sanction letter, fees, security and repayment schedule.
Interactive EMI estimator

Calculate your EMI.

This example finances the installation price before subsidy. The bank may reduce outstanding loan after eligible subsidy credits; actual EMI recalculation depends on timing and bank rules.

Your estimated loan snapshot
₹—Initial monthly EMI · illustrative
Example installed price—
Down payment—
Initial finance amount—
Potential total subsidy—
Hypothetical EMI if subsidy immediately reduces principal (same remaining term)

Not a loan offer or approval. Does not include moratorium, processing, insurance, fee or subsidy receipt timing.

A brighter bill starts here

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work for you?

Share your electricity bill and approximate location. We'll prepare a no-obligation, site-specific solar proposal.

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