Solar Loan Products
Compare 16 loan products with interest rates starting from 6%
✓ Collateral-Free Options
✓ Up to 10 Years Tenure
✓ Digital Approval
PM Surya Ghar Yojana - Standalone
Bank of Baroda
PSBBest Rate
Interest Rate
6% - 8.5%
Floating
Loan Amount
₹0.5L - ₹6.0L
Tenure
Up to 10 years
Collateral
Free up to ₹6.0L
Sectors
Residential
Key Features:
Zero Processing FeeNo Foreclosure Charges90% Financing
Margin: 10%
✓ Processing Fee Waived
Union Solar / URTS
Union Bank of India
PSBBest Rate
Interest Rate
6.8% - 9.15%
Floating
Loan Amount
₹0.5L - ₹15.0L
Tenure
Up to 7 years
Collateral
Free up to ₹2.0L
Sectors
Residential, MSME
Key Features:
Women DiscountMSME Friendly
Margin: 10%
Housing-cum-Solar Loan
Canara Bank
PSBBest Rate
Interest Rate
6.9% - 8.4%
EBLR
Loan Amount
₹1.0L - ₹10.0L
Tenure
Up to 10 years
Collateral
Free up to ₹3.0L
Sectors
Residential
Key Features:
50% Processing Fee WaiverHome Loan Bundle
Margin: 10%
SBI Surya Ghar Loan
State Bank of India
PSBBest Rate
Interest Rate
7% - 10.15%
RLLR
Loan Amount
₹0.5L - ₹6.0L
Tenure
Up to 10 years
Collateral
Free up to ₹2.0L
Sectors
Residential
Key Features:
Digital ApprovalNo CIBIL for <2LJanSamarth Integrated
Margin: 10%
Moratorium: 6 months
UCO Suryodaya
UCO Bank
PSB
Interest Rate
7.5% - 9%
Floating
Loan Amount
₹0.5L - ₹6.0L
Tenure
Up to 10 years
Collateral
Free up to ₹2.0L
Sectors
Residential
Key Features:
6 Month MoratoriumCollateral Free <2L
Margin: 10%
Moratorium: 6 months
SIDBI 4E (Energy Efficiency)
Small Industries Development Bank of India
Government
Interest Rate
7.95% - 9.34%
Floating
Loan Amount
₹10.0L - ₹250.0L
Tenure
Up to 7 years
Collateral
Free up to ₹50.0L
Sectors
MSME
Key Features:
100% FinancingLow CollateralMSME Focus
PNB Rooftop Solar Loan
Punjab National Bank
PSB
Interest Rate
8.15% - 9.15%
RLLR
Loan Amount
₹0.5L - ₹6.0L
Tenure
Up to 10 years
Collateral
Free up to ₹2.0L
Sectors
Residential
Key Features:
No Income Proof <2LJanSamarth Partner
Margin: 10%
POS Solar Financing
Credit Fair
NBFC
Interest Rate
8.25% - 9.2%
Flat
Loan Amount
₹0.5L - ₹50.0L
Tenure
Up to 4 years
Collateral
Required
Sectors
Residential, Commercial
Key Features:
No Cost EMIDigital ApprovalVendor Partnership
Margin: 30%
Star Rooftop Solar Panel Finance
Bank of India
PSB
Interest Rate
8.5% - 10%
RBLR
Loan Amount
₹0.5L - ₹5.0L
Tenure
Up to 7 years
Collateral
Free up to ₹2.0L
Sectors
Residential
Key Features:
95% FinancingQuick Approval
Margin: 5%
SIDBI STAR (Solar Rooftop)
Small Industries Development Bank of India
Government
Interest Rate
9.1% - 10.2%
Floating
Loan Amount
₹10.0L - ₹250.0L
Tenure
Up to 7 years
Collateral
Free up to ₹50.0L
Sectors
MSME
Key Features:
High LTVMSME DedicatedSeparate from Working Capital
Margin: 15%
Axis Solar Loan
Axis Bank
Private Bank
Interest Rate
9.9% - 10.9%
Floating
Loan Amount
₹0.5L - ₹5.0L
Tenure
Up to 5 years
Collateral
Free up to ₹2.0L
Sectors
Residential, Commercial
Key Features:
Commercial FocusQuick Disbursal
Margin: 15%
Surya Shakti
IDBI Bank
Private Bank
Interest Rate
10% - 12%
Floating
Loan Amount
₹1.0L - ₹150.0L
Tenure
Up to 10 years
Collateral
Free up to ₹5.0L
Sectors
Residential, Commercial +1
Key Features:
Commercial Upto 1.5CrFlexible Terms
Margin: 20%
MSME Solar Loan
Electronica Finance Ltd
NBFC
Interest Rate
10% - 14%
Fixed
Loan Amount
₹1.0L - ₹100.0L
Tenure
Up to 7 years
Collateral
Free up to ₹100.0L
Sectors
MSME, Commercial
Key Features:
7 Day Disbursal3 Min ApprovalCollateral Free with CGTMSE
Ecofy Green Loan
Ecofy
NBFC
Interest Rate
10% - 12.99%
Fixed
Loan Amount
₹0.5L - ₹50.0L
Tenure
Up to 4 years
Collateral
Required
Sectors
Residential, Commercial
Key Features:
100% FinancingGreen Only NBFCFast Approval
Solar Home Improvement Loan
HDFC Bank
Private Bank
Interest Rate
11% - 12.5%
Fixed
Loan Amount
₹1.0L - ₹40.0L
Tenure
Up to 7 years
Collateral
Required
Sectors
Residential, Commercial
Key Features:
High Ticket SizePremium Customers
Solar Personal Loan
ICICI Bank
Private Bank
Interest Rate
11% - 12.5%
Fixed
Loan Amount
₹0.5L - ₹6.0L
Tenure
Up to 5 years
Collateral
Required
Sectors
Residential
Key Features:
Instant ApprovalDigital JourneyExisting Customer Priority
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