Solar Loan EMI Calculator
Plan your solar investment — calculate EMI, total interest and payback analysis instantly.
Loan Parameters
Adjust sliders to configure your loan
Loan Summary
Instant EMI breakdown
Monthly EMI
for 7 years (84 installments)
After loan closes, you earn ₹2,500/mo — that's ₹30,000/yr pure savings!
Bank Solar Loans
SBI, Canara & IREDA offer green energy loans at 7–9% p.a. with minimal documentation.
Zero Pre-Payment Charges
Most solar loans allow free partial/full prepayment — reduce your interest burden anytime.
Tax Benefits
Interest paid on solar loans may qualify for Section 80EEA deductions or business depreciation.
Frequently Asked Questions
Everything you need to know about solar financing
What is the minimum loan amount?
Most banks offer solar loans from ₹50,000. IREDA and SBI green energy loans start from ₹30,000 for residential systems.
Do I need collateral?
Loans up to ₹10 lakh are typically collateral-free under green energy schemes. Larger loans may require property security.
Can subsidy reduce my loan?
Yes! PM Surya Ghar Yojana subsidy (up to ₹78,000 for 3 kW) is deducted from cost, directly reducing your loan principal.
How quickly do savings cover EMI?
For most residential systems, monthly electricity savings cover 60–90% of the EMI from Month 1, making solar nearly self-financing.
Ready to Finance Your Solar Dream?
Our team assists with complete loan documentation, subsidy application, and bank liaison — absolutely free.