Rooftop solar loans in India — finance the net cost, not the brochure price

Loan vs subsidy — two different money flows

Item	What it is	When you see it
Gross quote	Vendor price for panels, inverter, structure, labour	Before install
Central CFA	PM Surya Ghar DBT up to ₹78,000 for eligible 3 kW+ homes	After portal + DISCOM commissioning
Loan / EMI	Credit for net or gross cost, depending on lender structure	From disbursement until tenure ends

Do not let a sales deck show EMI on the pre-subsidy price while verbally promising CFA will “cover itself.” Model: gross − expected CFA = amount you may finance, then compare EMI to your current bill savings. Scheme overview: PM Surya Ghar.

Where loans show up

• National portal path — consumer manuals describe applying for a loan option from the PM Surya Ghar journey (often Jan Samarth–linked). Availability and bank partners change; use the live portal, not a screenshot from 2024.
• Bank / NBFC solar products — collateral-light rooftop loans or top-up on home loans; rates and tenure vary widely.
• Vendor tie-ups — convenient, but compare interest and processing fees against your own bank.

When EMI is usually a bad idea

• Monthly bill is low (often under ~₹1,000–1,500 depending on tariff) — savings may not cover EMI + insurance
• You are ineligible for CFA and still financing a full retail quote — see eligibility
• Short remaining stay in a rented house — see tenants guide
• Shade / small roof caps generation far below quote assumptions

When financing can make sense

High slab bills, clear roof, eligible CFA path, and EMI comfortably below expected monthly savings leave room for buffer months (monsoon, commissioning delay). Prefer shorter tenure once CFA credits to your account if the lender allows prepayment without punitive fees.

Documents lenders typically want

KYC, income proof, electricity bill, and sometimes property papers — overlapping with portal needs but not identical. Sealix does not process loans; we only help you read whether the underlying plant is worth financing. Apply steps: how to apply.

Related

Costs & payback · 3 kW vs 5 kW · Subsidy bands · Areas.

See savings before I take an EMI