IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Canara Rooftop Solar CRTS-PMSGY up to ₹2 lakh

Residential on-grid rooftop-solar loan up to ₹2 lakh including subsidy, with no minimum income or NTH test and repayment up to 10 years.

RateCanara Rooftop Solar CRTS–PMSGY up to ₹2 lakh: RLLR 8.00% less 2.25% concession = 5.75% effective p.a.Maximum amountUp to ₹2 lakh including subsidy, with minimum 10% borrower margin.TenureUp to 10 years in EMIs, subject to age 75 at maturity; a six-month repayment holiday may be considered case by case.
Official product page ↗Compare category

Quick eligibility check

Canara Rooftop Solar CRTS-PMSGY up to ₹2 lakh

0 of 8 answered

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.

1Does your annual income meet this requirement: No minimum annual income or NTH criterion?

Published source: Minimum income

2Does your annual income meet this requirement: repayment capacity is assessed from the customer's self-declared income?

Published source: Minimum income

3Do you meet this requirement: Applicant must have rooftop rights, a regular electricity bill in their name and CIC score 680+ (or -1 to 99 for no credit history)?

4Does your age meet this requirement: Applicants above age 65 need legal-heir co-obligation below age 60?

5Document checkDo you have this required document or proof: Application, photographs, KYC and latest electricity bill?

Published source: Minimum income

6Document checkDo you have this required document or proof: Self-declaration of income?

Published source: Minimum income

7Document checkDo you have this required document or proof: DISCOM technical-feasibility report?

Published source: Minimum income

8Document checkDo you have this required document or proof: Empanelled-vendor quotation and any required MNRE/SNA documents?

Published source: Minimum income
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; eligible residential rooftop applicants

Key facts

What the official sources publish

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

Loan typeResidential on-grid rooftop solar PV loan for systems up to 3 kW under CRTS-PMSGY.View source
Canara specifies residential on-grid PV installation up to 3 kW.
Source
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhs
Page / section
Purpose; Benefits
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
RateCanara Rooftop Solar CRTS–PMSGY up to ₹2 lakh: RLLR 8.00% less 2.25% concession = 5.75% effective p.a.View source
CRTS–PMSGY up to Rs. 2.00 Lakhs: 8.00%, credit-risk premium/concession -2.25%, effective rate 5.75%.
Source
Rates of interest for retail lending schemes linked to — Canara Bank
Page / section
Other retail lending schemes, row 20 — Canara Rooftop Solar CRTS–PMSGY up to ₹2 lakh
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
BenchmarkRepo Linked Lending Rate (RLLR), 8.00% in Canara's current retail table (w.e.f. 12 March 2026), with a published 2.25% concession for the up-to-₹2 lakh solar slab.View source
Rates of Interest of all Retail Lending Schemes are linked to ; of the Bank — 8.00% w.e.f. 12.03.2026; up-to-₹2 lakh row carries a 2.25% concession.
Source
Rates of interest for retail lending schemes linked to — Canara Bank
Page / section
heading and row 20 — Canara Rooftop Solar CRTS–PMSGY
Accessed
12 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeNo minimum annual income or NTH criterion; repayment capacity is assessed from the customer's self-declared income.View source
Canara expressly says no minimum annual income and NTH criterion.
Source
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhs
Page / section
NTH; Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to ₹2 lakh including subsidy, with minimum 10% borrower margin.View source
The quantum and margin rows publish ₹2 lakh and 10%.
Source
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhs
Page / section
Quantum; Margin
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureUp to 10 years in EMIs, subject to age 75 at maturity; a six-month repayment holiday may be considered case by case.View source
Canara publishes the 10-year term, age cap and possible holiday.
Source
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhs
Page / section
Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeProcessing, service and other charges are waived under the reviewed scheme.View source
The official page states service and all other charges are waived.
Source
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhs
Page / section
Service & all other charges
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot separately published on this solar page.View source
The page waives charges but does not state a separate prepayment rule.
Source
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhs
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to ₹2 lakh including subsidy
  • On-grid residential rooftop PV systems up to 3 kW
  • No minimum annual income or NTH criterion
  • No processing or service charges
  • Up to 10-year repayment and possible six-month holiday
  • Subsidy support ₹30,000–₹78,000 through the National Portal

Eligibility

  • Applicant must have rooftop rights, a regular electricity bill in their name and CIC score 680+ (or -1 to 99 for no credit history). Applicants above age 65 need legal-heir co-obligation below age 60.

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

Documents the bank lists

  • Application, photographs, and latest electricity bill
  • Self-declaration of income
  • DISCOM technical-feasibility report
  • Empanelled-vendor quotation and any required MNRE/SNA documents

Related official documents

Rates of interest for retail lending schemes linked to RLLR — benchmark follow-upofficial-rate-page · current · accessed 12 Sept 2026
↗
Rates of interest for retail lending schemes linked to RLLR — Canara Bankofficial-rate-page · current · accessed 12 Sept 2026
↗
Canara Rooftop Solar CRTS PMSGY up to ₹2 Lakhsofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

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.

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.

Rooftop Solar up to ₹2 lakh · Purpose / eligibilityResident/ with rooftop rights; 680+; no income/NTH minimum

This value is copied from Canara solar, agriculturist, pension and securities-loan terms. Check the table notes before relying on it.

Source: Canara retail and agricultural loan pages · Quantum; Interest; Eligibility; Repayment; Processing; Security Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 4 rows · 4 columnsCanara solar, agriculturist, pension and securities-loan termsPublished limits, eligibility, rates, fees, security and repayment terms from current Canara pages and calculator.View tableHide table

Scroll sideways to view every column

Canara solar, agriculturist, pension and securities-loan terms
ProductPurpose / eligibilityAmount / rateRepayment / charges
Rooftop Solar up to ₹2 lakhResident/ with rooftop rights; CIC 680+; no income/NTH minimumUp to ₹2 lakh incl. subsidy; 10% marginUp to 10 years/age 75; charges waived; subsidy ₹30,000–₹78,000
Housing to AgriculturistsAgriculturist, generally >5 irrigated or >10 dry acres; ₹5 lakh gross incomeNo upper limit subject to income; housing range 7.15%–10.00%Up to 30 years/age 75; 0.50%, ₹1,500–₹10,000 +
Canara PensionGovernment//corporate/family pensioner drawing through Canara₹5 lakh–₹15 lakh by age; rate calculator 10.40%–11.60%36–84 months by age; processing fully waived; no prepayment penalty
Canara CashApproved shares, debentures, bonds or units pledgedUp to ₹20 lakh; 50%/70% security-specific Tenure not published; 0.10%, ₹100–₹250; renewal charge repeats
Canara retail and agricultural loan pages · Quantum; Interest; Eligibility; Repayment; Processing; Security · accessed 30 Aug 2026Open official source ↗
Table 2 · 11 rows · 5 columnsCanara retail lending rates — selected schemesRows transcribed from Canara Bank's current RLLR-linked retail rate table. Effective rates are not APRs.View tableHide table

Scroll sideways to view every column

Canara retail lending rates — selected schemes
SchemePublished spread/concessionEffective rate(s)Conditions
Canara Home Loan Plus (Term Loan)8.00%0.55%–2.60% by CRG8.55%, 8.60%, 9.10%, 10.60%CRG 1–4
Canara Budget — Individual8.00%4.65%–6.70% by CRG12.65%, 12.70%, 13.20%, 14.70%CRG 1–4
Canara Budget — Prime8.00%1.70%–6.70% with salary tie-up; 2.70%–6.70% without9.70%–14.70% with tie-up; 10.70%–14.70% withoutCRG and salary tie-up
Canara Budget — Delight8.00%2.70%10.70%CRG 1–3; CRG 4 not eligible
Canara Budget — Special Package8.00%4.40% with salary tie-up; 5.40% without12.40%; 13.40%Salary tie-up condition
Canara Cash8.00%6.55%14.55%Other retail lending scheme
Canara-HEAL8.00%2.30%10.30%Other retail lending scheme
Canara Readycash8.00%1.70%9.70%Other retail lending scheme
Canara Insta Loan8.00%1.00%9.00%Other retail lending scheme
Canara Rooftop Solar CRTS–PMSGY up to ₹2 lakh8.00%−2.25% concession5.75%Up to ₹2 lakh
administrative switchover cost—0.25% of loan amountMinimum ₹250 + ; maximum ₹25,000 + Floating/fixed regime conversion for retail loans
  • The page states of 8.00% w.e.f. 12.03.2026.
  • Risk grade, borrower type, loan amount and salary tie-up determine the applicable row.
  • Published effective rates are interest rates, not calculations.
Rates of interest for retail lending schemes linked to — Canara Bank · heading; other retail lending schemes rows 6, 9–10, 12 and 20–23; switchover note · accessed 12 Sept 2026Open official source ↗

More from Canara Bank

Related products

Canara Agricultural DRI Loan

Differential Rate of Interest agricultural loan for very low-income borrowers, up to ₹15,000 for agriculture or ₹20,000 for housing at a simple 4% rate.

View product

Canara Apna Ghar

A home-loan scheme for eligible metro and urban borrowers with little or no documented income but at least 24 months of verifiable bank or activity.

View product

Canara Bee Keeping (Apiculture) Loan

Finance for bee boxes, hives, extractors, smokers, colonies, combs, sugar and other apiculture inputs.

View product

Canara Budget

Salaried personal loan for non-speculative domestic needs, with Prime and Delight variants, income-multiple limits up to ₹50 lakh and tenure up to 84 months.

View product