Business, & agriculture finance

Financing Solar Projects

Explore financing options for solar projects with solar project loans and finance schemes. Get the right financial solutions to fund your solar projects. Apply now!

Term-loan rangeMinimum ₹10 lakh and maximum ₹30 crore including AMC and insurance fees.Rating-linked pricingUp to ₹7.50 crore exposure, pricing is based on CMR; above ₹7.50 crore, on CR. CMR1-3/CR1-3: BRLL minus 0.40% or 6-month MCLR. CMR4-5/unrated/CR4-5: BRLL or MCLR plus Strategic Premium.Customer typeEligible micro, small and medium enterprises

Official product page ↗Compare category

✓ Manually checked 11 Sept 2026 · active

Financing Solar Projects official product image

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.

Captive solar projectPurchase and installation of grid-connected rooftop or ground-mounted solar equipment/plant for captive use.View source

The official purpose section limits the scheme to grid-connected captive solar.

Source: Financing Solar Projects
Page / section: Purpose
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

Target group and locationRegulatory or expanded MSMEs with income-generating activity; standalone to large/mid corporate borrowers may be classified as MSME-expanded for this scheme. There is no location limitation.View source

The official features section publishes target borrowers and no location restriction.

Source: Financing Solar Projects
Page / section: Features — Target Group / Location
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

Age criteriaProprietor: minimum 25 years at application and maximum 65 years at maturity. Individual guarantor: minimum 21 years at application and maximum 65 years at maturity.View source

The official age table distinguishes proprietor and guarantor thresholds.

Source: Financing Solar Projects
Page / section: Eligibility — Age Criteria
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

Term-loan rangeMinimum ₹10 lakh and maximum ₹30 crore including AMC and insurance fees.View source

The official eligibility section publishes the ₹10 lakh–₹30 crore range and inclusions.

Source: Financing Solar Projects
Page / section: Eligibility — Loan Amount
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

RepaymentUp to 120 months including moratorium; moratorium is up to 18 months from first disbursement or up to 6 months after DCCO, whichever is earlier.View source

The official repayment section publishes the 120-month tenor and earlier-of moratorium test.

Source: Financing Solar Projects
Page / section: Eligibility — Repayment Period
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

Rating-linked pricingUp to ₹7.50 crore exposure, pricing is based on CMR; above ₹7.50 crore, on CR. CMR1-3/CR1-3: BRLL minus 0.40% or 6-month MCLR. CMR4-5/unrated/CR4-5: BRLL or MCLR plus Strategic Premium.View source

The official rate table publishes the exposure threshold and rating-linked formulas.

Source: Financing Solar Projects
Page / section: Eligibility — Rate of Interest
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

Turnover / business requirementThe scheme is for MSME-regulatory or MSME-expanded entities engaged in income-generating economic activity; standalone to large/mid corporate borrowers may be classified as MSME-expanded for this scheme. No numeric turnover or business-vintage threshold is published on the reviewed product and MSME-rate pages.View source

The target-group section requires income-generating activity and describes -expanded corporate classification; no turnover number or vintage rule appears.

Source: Financing Solar Projects
Page / section: Features — Target Group; Complete page reviewed
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Geographic limitsNo limitation on the basis of location is published. Leads may be sourced by Bank of Baroda or its appointed external agencies.View source

The official Location section says there is no limitation based on location and permits sourcing through appointed external agencies.

Source: Financing Solar Projects
Page / section: Features — Location
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Published scheme termsCaptive grid-connected solar projects may be rooftop or ground mounted. Term-loan limits are ₹10 lakh minimum to ₹30 crore maximum including AMC and insurance fees; repayment is up to 120 months, with moratorium up to 18 months from first disbursement or six months after DCCO, whichever is earlier. Pricing is rating-linked: exposure up to ₹7.50 crore uses CMR and higher exposure uses CR.View source

The page publishes captive-use purpose, facility range, repayment/moratorium and rating-linked pricing formulas.

Source: Financing Solar Projects
Page / section: Purpose; Features; Eligibility; Rate of Interest
Accessed: 30 Aug 2026
Confidence: high

Open official source ↗

Customer typeEligible micro, small and medium enterprisesView source

The manually reviewed product record states: “Eligible micro, small and medium enterprises”.

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

Open official source ↗

Common commercial-loan documentsCommon checklist: Duly filled loan application form. Identity proof for the proprietor, partner or director (for a company): Aadhaar Card, Voter’s ID Card, Passport, Driving License, PAN Card, or signature identification from the present banker. Residence proof for the proprietor, partner or director (for a company): Aadhaar Card, recent telephone or electricity bill, property-tax receipt, Passport, or Voter’s ID Card. Proof of business address. Company Memorandum and Articles of Association, partnership deed, or equivalent constitution documents. Assets-and-liabilities statement of promoters and guarantors, with latest income-tax returns. Additional documents depend on activity and facility: SSI/MSME registration or Udyog Aadhaar Memorandum, if applicable (as worded in BOB’s current FAQ). Projected balance sheets for the next two years for working-capital limits, or for the period of the loan for term loans. Balance sheets for the last three years. Copies of lease deeds/title deeds for all properties offered as primary or collateral security. For companies: certificate of incorporation from the Registrar of Companies, CIN and directors’ DIN details. Bank-account details where applicable, including outstanding amounts on existing loans/limits. GSTN, if applicable. Other licences and documents required by the business entity/activity (the FAQ gives manufacturing, trading, export-import, IT and service businesses as examples).View source

The current official lists common identity, residence, business-address, constitution and financial documents, then activity/facility-dependent records. It separately says further licences and documents depend on the business entity/activity.

Source: Loans and Advances — Bank of Baroda commercial-loan documents
Page / section: — “What documents need to be submitted for a Commercial Loan?” lines 686–703; Common Documents lines 688–694; Additional documents based on activity undertaken lines 695–703
Accessed: 27 Sept 2026
Confidence: high

Open official source ↗

Benefits and features

Purchase and installation of grid-connected rooftop or ground-mounted solar equipment/plant for captive use.

Eligibility

Regulatory or expanded with income-generating activity
standalone to large/mid corporate borrowers may be classified as -expanded for this scheme. There is no location limitation.

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

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

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.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Term

Purpose · Published detailGrid-connected solar equipment/plant for captive use

This value is copied from Solar Projects Finance — complete published terms. Check the table notes before relying on it.

Source: Financing Solar Projects · Purpose; Features; Eligibility; Interest rates & 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 · 20 rows · 2 columnsSolar Projects Finance — complete published termsStructured capture of every material purpose, target group, location, age, facility, repayment, pricing, fee, document and security item found in the reviewed official pages.View tableHide table

Scroll sideways to view every column

Solar Projects Finance — complete published terms
Term	Published detail
Purpose	Grid-connected solar equipment/plant for captive use
Project formats	Rooftop or ground mounted
Target group	Micro, small and medium entities; -regulatory and -expanded
Corporate borrowers	Standalone to large/mid corporate borrowers may be classified as -expanded for this scheme
Income activity	Borrower must be engaged in income-generating economic activity
Location	No limitation on the basis of location; leads may be sourced by the bank or appointed external agencies
Borrower constitution	As per Bank of Baroda extant guidelines
Proprietor age	Minimum 25 years at application; maximum 65 years at loan maturity
Individual guarantor age	Minimum 21 years at application; maximum 65 years at loan maturity
Facility	Term loan
Loan amount	Minimum ₹10 lakh; maximum ₹30 crore including and insurance fees
Repayment	Maximum 120 months including moratorium
Moratorium	Maximum 18 months from first disbursement or six months after DCCO, whichever is earlier
Pricing basis	Up to ₹7.50 crore exposure: ; above ₹7.50 crore: CR
CMR1–3 / CR1–3	BRLL minus 0.40% or six-month
CMR4–5 / unrated / CR4–5	BRLL or plus Strategic Premium
Processing fee	Not published for this scheme on reviewed official pages
Collateral/security	Not published for this scheme; sanction terms and extant guidelines apply
Documents	No scheme-specific checklist published; obtain the current branch checklist
Turnover/vintage	No numeric threshold published on reviewed official pages

The linked rate page provides broader rating and benchmark tables; the Solar Projects page provides the scheme-specific pricing formulas.
General service-charge pages do not state a Solar Projects Finance processing fee.

Financing Solar Projects · Purpose; Features; Eligibility; Interest rates & charges · accessed 30 Aug 2026Open official source ↗

Financing Solar Projects

What the official sources publish

Benefits and features

Eligibility

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

Animal Husbandry Infrastructure Development fund (AHIDF)

Baroda Animal Husbandry and Fisheries Kisan Credit Card (BAHFKCC) Scheme

Baroda Arogyadham Loan

Baroda Artisans Credit Card