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Loan for Installation of Solar Photovoltaic Pump Sets

A loan to purchase solar photovoltaic water pumping system for your agricultural activities. Check eligibility criteria & interest rates to apply now at bank of Baroda.

Facility amountThe page does not publish a universal minimum or maximum loan amount. It finances the solar photovoltaic pump project and uses ₹3 lakh, ₹25 lakh and tenor bands for pricing and charges, not as an overall facility ceiling.Pricing and chargesUp to ₹3 lakh: one-year MCLR + SP; above ₹3 lakh and below ₹25 lakh: +1.25%; ₹25 lakh and above: +2.00% below 3 years, +2.10% for 3–5 years and +2.15% above 5–7 years. Processing is nil up to ₹3 lakh, then 1% capped at ₹1 crore; inspection is nil up to ₹3 lakh, then ₹250/₹1,000/₹5,000 by exposure.Customer typeFarmers, agricultural enterprises and eligible rural borrowers
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Quick eligibility check

Loan for Installation of Solar Photovoltaic Pump Sets

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Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: Individuals, groups of individuals, SHGs, JLGs, NGOs, farmer clubs and farmer producer organisations?

Published source: Eligible applicants

2Do you meet this requirement: quotation or invoice?

Published source: Required documents

3Do you meet this requirement: land records?

Published source: Required documents

4Do you meet this requirement: project report?

Published source: Required documents

5Do you meet this requirement: Farmers, agricultural enterprises and eligible rural borrowers?

Published source: Customer type

6Document checkDo you have this required document or proof: Aadhaar?

Published source: Required documents

7Document checkDo you have this required document or proof: voter ID?

Published source: Required documents

8Document checkDo you have this required document or proof: PAN card?

Published source: Required documents

9Document checkDo you have this required document or proof: driving licence?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ 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 pump equipmentTerm-loan finance for a solar photovoltaic water-pumping system comprising PV array, motor pump set, interconnect cables and electronics.View source
The official feature section enumerates the system components.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Features
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Eligible applicantsIndividuals, groups of individuals, SHGs, JLGs, NGOs, farmer clubs and farmer producer organisations.View source
The official eligibility section lists the applicant categories.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Eligibility Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
MarginMinimum 20% of total project outlay.View source
The official benefits and publish the 20% project-outlay margin.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Benefits / — Margin
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
RepaymentMaximum 10 years.View source
The official publishes the ten-year ceiling.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Benefits / — Repayment Period
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Security by loan bandUp to ₹1 lakh: hypothecation of solar pumps. Above ₹1 lakh to ₹5 lakh: hypothecation plus third-party guarantee. Above ₹5 lakh: mortgage of land.View source
The official security table publishes the ₹1 lakh and ₹5 lakh breaks.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
— Security
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Pricing and chargesUp to ₹3 lakh: one-year MCLR + SP; above ₹3 lakh and below ₹25 lakh: +1.25%; ₹25 lakh and above: +2.00% below 3 years, +2.10% for 3–5 years and +2.15% above 5–7 years. Processing is nil up to ₹3 lakh, then 1% capped at ₹1 crore; inspection is nil up to ₹3 lakh, then ₹250/₹1,000/₹5,000 by exposure.View source
The official page publishes rate spreads and fee slabs.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Fees & Charges / — Rate
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Turnover / income requirementThe page lists eligible applicants as individuals, groups, SHGs, JLGs, NGOs, farmer clubs and farmer-producer organisations. No numeric turnover, income or business-vintage threshold is published.View source
The official eligibility section lists applicant types but publishes no turnover, income or vintage number.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Eligibility Criteria; Complete page reviewed
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Facility amountThe page does not publish a universal minimum or maximum loan amount. It finances the solar photovoltaic pump project and uses ₹3 lakh, ₹25 lakh and tenor bands for pricing and charges, not as an overall facility ceiling.View source
The official page publishes project components and rate/charge bands but no universal loan ceiling.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Features; — Rate of Interest and Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing and inspection chargesProcessing is nil for aggregate agriculture exposure up to ₹3 lakh; for a term loan above ₹3 lakh it is 1% of the sanctioned limit, capped at ₹100 lakh (₹1 crore). 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
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Fees & Charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
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 , photo, quotation/invoice, land records, project report and IT return without an 'if available' qualifier.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Document Required
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsThe scheme is presented as an India agriculture product and publishes no state, district, branch-territory or other geographic restriction. Applications remain subject to Bank of Baroda approval and local project/land checks.View source
The official page gives no territorial limitation; it describes an agriculture solar-pump project loan.
Source
Loan for Installation of Solar Photovoltaic Pump Sets
Page / section
Benefits; Eligibility; Complete page reviewed
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Customer typeFarmers, agricultural enterprises and eligible rural borrowersView source
The manually reviewed product record states: “Farmers, agricultural enterprises and eligible rural borrowers”.
Source
Loan for Installation of Solar Photovoltaic Pump Sets — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term-loan finance for a solar photovoltaic water-pumping system comprising PV array, motor pump set, interconnect cables and electronics.

Eligibility

  • Individuals, groups of individuals, , , NGOs, farmer clubs and farmer producer organisations.

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

Documents the bank lists

  • Aadhaar
  • voter
  • card
  • driving licence

Related official documents

Rural & Agri loan catalogue — Financing Irrigation entryofficial-product-catalogue · Targeted eligibility cross-check for Financing Irrigation · accessed 28 Sept 2026
↗
Priority Sector Loans Interest Rates — Farm Credit A.1 schedule and scope footnoteofficial-interest-rate-page · Targeted current A.1 comparison; product-page rate rows remain primary and tariff scope is explicitly qualified · accessed 28 Sept 2026
↗
Loan for Installation of Solar Photovoltaic Pump Sets — current official product pageofficial-product-page · Current rate/applicability checked; above-seven-year rate remains unresolved · accessed 27 Sept 2026
↗
Loan for Installation of Solar Photovoltaic Pump Sets — Bank of Baroda official product pageofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

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

One monthly payment₹12,647twelve thousand six hundred forty-seven rupees
Interest paid over the full loan₹5,35,300five lakh thirty-five thousand three hundred rupees
Everything you repay₹30,35,300thirty lakh thirty-five thousand three hundred 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.

Purpose · Published detailPurchase a solar photovoltaic water-pumping system

This value is copied from Solar Photovoltaic Pump Sets Loan — complete published terms. Check the table notes before relying on it.

Source: Loan for Installation of Solar Photovoltaic Pump Sets · 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 · 21 rows · 2 columnsSolar Photovoltaic Pump Sets Loan — complete published termsStructured capture of every material benefit, purpose, eligibility, document, fee, facility, margin, repayment, security and rate detail in the official page.View tableHide table

Scroll sideways to view every column

Solar Photovoltaic Pump Sets Loan — complete published terms
TermPublished detail
PurposePurchase a solar photovoltaic water-pumping system
System componentsPV array, motor pumping set, interconnect cables and electronics
Eligible applicantsIndividuals, groups, , , NGOs, farmer clubs and farmer-producer organisations
MarginMinimum 20% of total project outlay
RepaymentMaximum 10 years
FacilityTerm loan
Processing charge up to ₹3 lakhNil for aggregate agriculture exposure
Processing charge above ₹3 lakh1% of sanctioned limit, maximum ₹1 crore
Inspection chargeUp to ₹3 lakh nil; above ₹3 lakh to ₹10 lakh ₹250; above ₹10 lakh to ₹1 crore ₹1,000; above ₹1 crore ₹5,000
Security up to ₹1 lakhHypothecation of solar photovoltaic pumps
Security above ₹1 lakh to ₹5 lakhHypothecation of solar photovoltaic pumps and third-party guarantee
Security above ₹5 lakhMortgage of land
Rate up to ₹3 lakhOne-year +
Rate above ₹3 lakh and below ₹25 lakhOne-year + + 1.25%
Rate ₹25 lakh and above, under 3 yearsOne-year + + 2.00%
Rate 3–5 yearsOne-year + + 2.10%
Rate above 5–7 yearsOne-year + + 2.15%
Documents; passport photo; quotation/invoice; land records; project report; IT return
Facility amountNo universal minimum or maximum published
Turnover/incomeNo numeric threshold published
GeographyNo state, district or branch-territory restriction published
  • The ₹3 lakh and ₹25 lakh figures are pricing/charge bands, not an overall loan ceiling.
  • The rate table is reproduced with its published one-year + Strategic Premium formulas.
Loan for Installation of Solar Photovoltaic Pump Sets · Benefits; Features; Eligibility; Document Required; Fees & Charges; · accessed 30 Aug 2026Open official source ↗

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