Business, & agriculture finance

Financing Solar Home Lighting Scheme

Get solar loan for installation of solar lighting systems at your home rooftop. Compare interest rates, loan options and solar loan schemes today at Bank of Baroda.

Maximum loanUp to ₹50,000.Interest rateOne-year MCLR + Strategic Premium.Customer typeFarmers, agricultural enterprises and eligible rural borrowers

Official product page ↗Compare category

✓ Manually checked 30 Aug 2026 · active

Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Solar home lightingTerm-loan finance for farmers installing solar-energy home-lighting systems in rural and semi-urban areas, especially existing BKCC holders without reliable domestic electricity.View source

The official page states the renewable-energy purpose, geography and focus.

Source: Financing Solar Home Lighting Scheme
Page / section: Features / Eligibility Criteria
Accessed: 23 Aug 2026
Confidence: high

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Eligible farmersFarmers with sufficient income to service interest and instalments; focus is on existing BKCC holders without a reliable domestic electricity supply.View source

The official eligibility section states the income and customer focus.

Source: Financing Solar Home Lighting Scheme
Page / section: Eligibility Criteria
Accessed: 23 Aug 2026
Confidence: high

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Maximum loanUp to ₹50,000.View source

The official publishes the ₹50,000 ceiling.

Source: Financing Solar Home Lighting Scheme
Page / section: — Quantum of Loan
Accessed: 23 Aug 2026
Confidence: high

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Margin and security15% of project cost; solar system is hypothecated.View source

The official publishes margin and security.

Source: Financing Solar Home Lighting Scheme
Page / section: — Margin / Security
Accessed: 23 Aug 2026
Confidence: high

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RepaymentWithin 5 years.View source

The official publishes a five-year repayment period.

Source: Financing Solar Home Lighting Scheme
Page / section: — Repayment Period
Accessed: 23 Aug 2026
Confidence: high

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Income / turnover requirementFarmers must have sufficient income to service interest and instalments; the page focuses on existing Baroda Kisan Credit Card holders without reliable domestic electricity. No annual turnover threshold is published.View source

The official eligibility section requires sufficient servicing income and identifies existing holders as the focus; no turnover number appears.

Source: Financing Solar Home Lighting Scheme
Page / section: Eligibility Criteria; Complete page reviewed
Accessed: 30 Aug 2026
Confidence: high

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SecurityHypothecation of the solar system financed under the term loan.View source

The states hypothecation of the solar system as security.

Source: Financing Solar Home Lighting Scheme
Page / section: — Security
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Processing and inspection chargesProcessing is nil for aggregate agriculture exposure up to ₹3 lakh (₹3,00,000); above ₹3 lakh it is 1% of the sanctioned limit, capped at ₹100 lakh (₹1,00,00,000). Inspection is nil up to ₹3 lakh, ₹250 above ₹3 lakh to ₹10 lakh, ₹1,000 above ₹10 lakh to ₹1 crore and ₹5,000 above ₹1 crore.View source

The official Fees & Charges section publishes the processing and inspection slabs.

Source: Financing Solar Home Lighting Scheme
Page / section: Fees & Charges
Accessed: 30 Aug 2026
Confidence: high

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Required documentsKYC documents such as Aadhaar, voter ID, PAN card or driving licence; passport-size photograph; quotation or invoice; land records; project report; and income-tax return.View source

The page lists , photograph, quotation/invoice, land records, project report and without optional qualifiers.

Source: Financing Solar Home Lighting Scheme
Page / section: Document Required
Accessed: 30 Aug 2026
Confidence: high

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Geographic availabilityThe scheme finances solar home-lighting systems for farmers in rural and semi-urban places. No state, district or branch-territory restriction is published.View source

The Features section specifies rural and semi-urban places; the full page has no narrower territory.

Source: Financing Solar Home Lighting Scheme
Page / section: Features; Complete page reviewed
Accessed: 30 Aug 2026
Confidence: high

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Published benefitsMaximum loan of ₹50,000, 15% margin, one-year MCLR + SP interest rate, five-year repayment and a low-margin, low-interest renewable-energy solution for domestic lighting.View source

Benefits and publish the ₹50,000 ceiling, margin, rate and five-year repayment.

Source: Financing Solar Home Lighting Scheme
Page / section: Benefits;
Accessed: 30 Aug 2026
Confidence: high

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Customer typeFarmers, agricultural enterprises and eligible rural borrowersView source

The manually reviewed product record states: “Farmers, agricultural enterprises and eligible rural borrowers”.

Source: Financing Solar Home Lighting Scheme — official product page
Page / section: Published product metadata
Accessed: 15 Aug 2026
Confidence: high

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Interest rateOne-year MCLR + Strategic Premium.View source

The current product page publishes the benchmark formula without a scheme spread; the previously duplicated processing and inspection charges remain in the separate processingFee fact.

Source: Financing Solar Home Lighting Scheme — Bank of Baroda
Page / section: — Rate of Interest; Fees & Charges reviewed separately
Accessed: 27 Sept 2026
Confidence: high

Open official source ↗

Benefits and features

Term-loan finance for farmers installing solar-energy home-lighting systems in rural and semi-urban areas, especially existing holders without reliable domestic electricity.

Eligibility

Farmers with sufficient income to service interest and instalments
focus is on existing holders without a reliable domestic electricity supply.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Aadhaar
voter
card
driving licence

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees

Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees

Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Term

Purpose · Published detailSolar-energy home-lighting system for domestic use

This value is copied from Solar home lighting scheme — complete published terms. Check the table notes before relying on it.

Source: Financing Solar Home Lighting Scheme · Benefits; Features; Eligibility; Document Required; Fees & Charges; Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 16 rows · 2 columnsSolar home lighting scheme — complete published termsStructured capture of every material benefit, eligibility, facility, charge, document, repayment, security, rate and geography item on the official page.View tableHide table

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Solar home lighting scheme — complete published terms
Term	Published detail
Purpose	Solar-energy home-lighting system for domestic use
Location	Rural and semi-urban places
Eligible borrower	Farmers with sufficient income to service interest and instalments
Focus group	Existing holders without reliable domestic electricity
Maximum loan	₹50,000
Nature of facility	Term loan
Margin	15% of project cost
Repayment	Within 5 years
Security	Hypothecation of solar system
Interest rate	One-year +
Processing charge up to ₹3 lakh	Nil
Processing charge above ₹3 lakh	1% of sanctioned limit, maximum ₹100 lakh
Inspection charge	Up to ₹3 lakh nil; above ₹3 lakh to ₹10 lakh ₹250; above ₹10 lakh to ₹1 crore ₹1,000; above ₹1 crore ₹5,000
Documents	; passport photo; quotation/invoice; land records; project report;
Turnover	No annual turnover threshold published
Geography	Rural and semi-urban India; no narrower territorial restriction published

The page publishes the loan ceiling and charge thresholds but no turnover requirement.

Financing Solar Home Lighting Scheme · Benefits; Features; Eligibility; Document Required; Fees & Charges; · accessed 30 Aug 2026Open official source ↗

Financing Solar Home Lighting Scheme

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

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Loan repayment estimate

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Complete rates, limits and schedules

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