Shine bright, save right! Get a
solar panel loan
today!
Our solar panel loan options make eco-friendly upgrades accessible to all.
Features and Benefits
Unlock the potential of solar energy and savings with our tailored solar panel loan solutions
Financial Assistance
Access solar energy without upfront costs. Solar panel loans provide financial assistance, making renewable energy accessible by covering upfront installation expenses
Lower Energy Costs
By generating your own electricity from solar panels, you can reduce or eliminate your dependence on traditional energy sources, resulting in lower monthly energy expenses
Return on Investment
Generate your own electricity, save on bills, and offset loan payments. Accumulate savings over time, recouping the initial loan amount and enjoying a return on investment
Environmental benefits
Go green, combat climate change. By installing solar panels through a loan, you contribute to a more sustainable future and help combat climate change
Increased Property Value
Increase property value with solar panels. Studies reveal higher sale prices for solar-equipped homes, providing an advantage when selling your property
Tax Incentives
Unlock financial incentives for solar panels. Location-dependent tax incentives, rebates, and grants, making solar energy more affordable
Calculate Your EMI
Plan your finances better with our easy-to-use EMI calculator.
Instant Calculation
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Your Monthly EMI
₹899.73
a quick and transparent process
We have a simple online
application
Check Eligibility
Check eligibility criteria before applying for a loan to ensure approval possibilities.
Calculate Your EMI
Estimate your monthly EMI effortlessly with our user-friendly loan calculator.
Check Required Documents
Ensure which necessary documents are required for loan application.
Fill Application Form
Accurately provide all required information in the loan application form for prompt processing.
Eligibility and Documents
Essential documents that need to be provided to complete the process successfully are listed below:
Loan Application Form
Our standard application form that includes personal information, contact details, employment details, and loan amount requested.
Identification Documents
Documents like government-issued identification such as pan card , driver’s license, passport, or voter ID card.
Proof of Address
Documents like utility bills, rental agreement, or bank statements that show the applicant’s current address.
Bank Statements
Typically, the last three to six months’ worth of bank statements to assess the applicant’s financial stability and transaction history.
Credit Report
A credit report that shows the applicant’s credit score and credit history. This helps the us to evaluate the applicant’s creditworthiness.
Property Documents
If the solar panel system is being installed on a property owned by the applicant, relevant property documents may be required to confirm ownership.
Solar Panel Quotations
Quotations or estimates from solar panel installation companies detailing the cost of the system, installation charges, and any additional expenses.
Energy Usage History
We may require documentation of your energy usage history to assess the potential savings from installing solar panels. This can include utility bills from the past 12 months.
Proof of Insurance
We may ask for proof of insurance coverage, which may include general liability insurance, property insurance, or builder’s risk insurance.
Proof of Income
Recent pay stubs, employment letter, or income tax returns (usually for the last two years) to verify the applicant’s income and ability to repay the loan.
Permission and Approvals
Depending on local regulations, you may need to provide copies of building permission, map etc. or approvals obtained from the relevant authorities for installing solar panels.