Business, & agriculture finance

PNB Solar Energy Scheme

A business term loan for grid-connected rooftop or ground-mounted solar used by an existing enterprise. No minimum amount is prescribed; the maximum is need-based, with minimum 20% margin and a 10-year maximum term.

Facility amountNo minimum loan amount; maximum is need-based.Eligible customerListed individuals and legal entities, for existing-business solar use; both new and existing borrowers. Valid Udyam for MSMEs; GST where applicable; DISCOM/CEIG/site approval and net metering are required.CollateralAt least 30% collateral in immovable property or bank-approved liquid security; alternatively the facility may be covered by CGTMSE/CGSSI under bank policy or by the CGTMSE Hybrid Security model.

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✓ Manually checked 8 Oct 2026 · active

Offered byPunjab National Bank

See the official bank source for geographic availability.

Key facts

What the official sources publish

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

Eligible customerListed individuals and legal entities, for existing-business solar use; both new and existing borrowers. Valid Udyam for MSMEs; GST where applicable; DISCOM/CEIG/site approval and net metering are required.View source

All entity types, existing/new borrower scope, Udyam condition and grid/net-metering/site approval are retained.

Source: PNB Solar Energy Scheme
Page / section: page 1, Eligibility (a)–(c)
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Facility amountNo minimum loan amount; maximum is need-based.View source

The scheme expressly states no minimum and a need-based maximum; no numeric cap is added.

Source: PNB Solar Energy Scheme
Page / section: page 1, Loan Amount
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

RepaymentMaximum 10 years including a moratorium period; the scheme sheet does not state a separate maximum moratorium length.View source

The printed row gives maximum 10 years including moratorium and does not quantify the moratorium separately.

Source: PNB Solar Energy Scheme
Page / section: page 1, Tenure of Loan
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

CollateralAt least 30% collateral in immovable property or bank-approved liquid security; alternatively the facility may be covered by CGTMSE/CGSSI under bank policy or by the CGTMSE Hybrid Security model.View source

The sheet presents three alternatives; guarantee coverage is subject to the bank's policy guidelines.

Source: PNB Solar Energy Scheme
Page / section: page 1, Collateral Security
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Applicable charges50% concession on applicable charges; no rupee amount or base charge is stated in the scheme sheet.View source

Publish the stated 50% concession without inventing a base fee or rupee amount.

Source: PNB Solar Energy Scheme
Page / section: page 1, Upfront Fee
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

DocumentsPNB links a conditional 25-item general MSME checklist for MSME applicants; the checklist is not Solar Energy-specific or exhaustive. PNB's commercial-loan FAQ says a case-specific checklist accompanies the application.View source

The checklist includes entity/owner, registration, financial, existing-bank, project and security records, with applicability conditions shown in its complete table. PNB's says the scheme/application-specific list accompanies the form.

Source: PNB Banking catalogue and linked general checklist
Page / section: Banking, scheme link and Application Forms/Checklist; checklist pp.1–2, items 1–25
Accessed: 8 Oct 2026
Confidence: high

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MSME credit-decision timelineFor MSME applications, PNB states a credit-decision timeline not exceeding 14 working days for limits up to ₹25 lakh and 6 weeks for limits above ₹25 lakh. This is not a sanction or disbursement guarantee.View source

The says the timelines are mandated under the direction; Solar Energy also has a non- route, so this fact is expressly limited to applications.

Source: PNB Frequently Asked Questions — Commercial Loans
Page / section: Commercial Loans , What is the time frame for sanctioning Commercial Loans?; table: Credit Limit / Time limit not exceeding
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Average debt-service coverAverage DSCR must be at least 1.25.View source

PNB labels 1.25 as the minimum average ; it is retained as a financial eligibility/assessment ratio, not an interest rate.

Source: PNB Solar Energy Scheme
Page / section: page 1, Benchmark Ratio
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Benefits and features

Term loan for fixed assets; off-season excess electricity may be sold through the grid.
50% concession on applicable charges.

Eligibility

Existing and new borrowers are eligible. The listed constitution types include individuals, proprietorships, partnerships, , private/public limited companies, trusts, societies, co-operative societies and other legal entities with registration where applicable; valid Udyam is required for units.
The solar unit must be grid-connected and have net-metering/site-feasibility approval from the jurisdictional DISCOM, CEIG or other competent authority.
Average must be at least 1.25.

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

Documents the bank lists

For applicants, see PNB's linked 25-item general checklist; items are conditional on entity and facility and it is not Solar Energy-specific or exhaustive. PNB's Commercial Loans says a loan-specific checklist accompanies the application form.

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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.

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.

TableParameter

Purpose / objective · Published termsFinance /non- enterprises to install rooftop or ground-mounted solar for cost saving/renewable energy used by the existing business; during the off-season, excess electricity may be sold through the grid.

This value is copied from PNB Solar Energy Scheme — complete published terms. Check the table notes before relying on it.

Source: PNB Solar Energy Scheme · page 1, complete scheme table Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 10 rows · 2 columnsPNB Solar Energy Scheme — complete published termsView tableHide table

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PNB Solar Energy Scheme — complete published terms
Parameter	Published terms
Purpose / objective	Finance /non- enterprises to install rooftop or ground-mounted solar for cost saving/renewable energy used by the existing business; during the off-season, excess electricity may be sold through the grid.
Eligibility	Individuals, proprietorships, partnerships, , private/public limited companies, trusts, societies, co-operative societies and other legal entities with registration where applicable; valid Udyam for units. Existing and new borrowers. Solar unit must be grid-connected and have net-metering/site-feasibility approval from the jurisdictional DISCOM, CEIG or other competent authority.
Facility type	Term loan to create fixed assets.
Loan amount	Minimum: no minimum loan amount. Maximum: need-based.
Margin	Minimum 20%.
Benchmark ratio	Average must be at least 1.25.
Collateral security	Minimum 30% collateral as immovable property or bank-approved liquid security; OR cover under /CGSSI as per bank policy; OR Hybrid Security model.
Rate of interest	Concessional rate linked with Internal Risk Rating; no numeric rate/spread stated in the scheme sheet.
Upfront fee	50% concession on applicable charges; no base rupee amount stated in the sheet.
Tenure	Maximum 10 years including moratorium; moratorium length is not separately stated.

The 1.25 is a benchmark ratio, not an interest rate. No numeric minimum loan or scheme maximum is stated.

PNB Solar Energy Scheme · page 1, complete scheme table · accessed 8 Oct 2026Open official source ↗

Table 2 · 25 rows · 3 columnsPNB general MSME checklist — full published itemsView tableHide table

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PNB general MSME checklist — full published items
Item	Document / information requested	Condition
1	Asset and liability statement of proprietor/partners/directors	As applicable to the entity
2	SSI/ registration and registration certificates	If applicable
3	Rent agreement for rented business premises; Pollution Control Board clearance	If applicable
4	Applicant should not be a defaulter with any bank/financial institution	Applicant condition in checklist
5	Account statement for the last 6 months with existing bankers	Existing bankers
6	Three years' audited unit balance sheets with income-tax/ returns and applicable assessment orders; provisional balance sheet if latest audited balance sheet is unavailable; projected balance sheet/cash budget for the next two years for working-capital limits and for the loan period for term loans	Financial records and projection periods depend on facility
7	Borrowing concern's year-to-date performance (balance sheet, profit and loss, etc.)	As requested in checklist
8	Information on legal heirs and relationship to applicant	Individual/sole proprietor/partner/ cases
9	Government approvals for power, pollution and building plan; land allotment/conveyance deed; architect certificate validating construction cost; project report with machinery, suppliers, price, capacity, production, sales, profit/loss and balance-sheet projections	Term loans; items depend on project
10	Month-wise sales and production; imported/indigenous raw materials; work-in-progress/finished stock; debtors, creditors and bank working-capital/term/bill-discounting outstanding	Account review information
11	Manufacturing process, executive profiles, tie-ups, raw-material suppliers, buyers, competitors and comparative strengths/weaknesses	Manufacturing/where applicable
12	Top 20 major suppliers and customers, with contact number/address	As requested in checklist
13	Unit profile: promoters/directors, business activity, office/plant addresses and shareholding pattern	As applicable to entity
14	External risk rating copy	If applicable/available for facility
15	Lease/title deeds and approved plans for properties offered as primary/collateral security	Where property security is offered
16	Agreement with principal	Distributors/sole selling agents/franchises
17	Proof of minority status	If applicable (the checklist cites SC/ST/OBC etc.)
18	Borrowing concern and promoters'/directors'/partners' income-tax returns	As requested in checklist
19	Associate/allied concern details and their last three years' financial statements/borrowing arrangements	Where associates/allied concerns exist
20	Other-bank/FI sanction terms and reason for takeover	Takeover cases
21	Existing-bank account position and confirmation that the asset is standard	Takeover cases
22	Orders in hand, status and copies of orders/letters of intent/contracts	Bank-guarantee limit
23	Lease deeds, lease term/unexpired period/renewal/exit/penalty; lessor profile and lessee constitution, management, scale, years, business and profitability	Future-lease-rental discounting only
24	Sanction letters with detailed terms and conditions	Existing sole/multiple/consortium-bank limits
25	Any other document required under prevailing bank guidelines	Bank's residual request

PNB's full general checklist. Each row's conditional scope is retained; it is not a scheme-specific exhaustive list, and non- applicants should not treat it as their checklist.

PNB loan documents checklist — current linked · pages 1–2, checklist items 1–25 · accessed 8 Oct 2026Open official source ↗

Table 3 · 14 rows · 2 columnsPNB Commercial Loans FAQ — common and activity-dependent application documentsView tableHide table

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PNB Commercial Loans FAQ — common and activity-dependent application documents
Document / information	PNB-published condition
Duly filled loan application form	Common document
Identity proof: Aadhaar, Voter , passport, driving licence, , or signature identification from present bankers	Proprietor/partner/director, as applicable
Residence proof: Aadhaar, recent telephone/electricity bill, property-tax receipt, passport or voter	Proprietor/partner/director, as applicable
Proof of business address	Common document
Company Memorandum/Articles or partnership deed	Constitution documents, as applicable
Promoter/guarantor assets and liabilities statement with latest income-tax returns	Common document
Legal Entity Identifier registration	Listed under common documents
SSI/ registration / Udyog Aadhaar Memorandum	If applicable
Projected balance sheets for the next 2 years for working capital; for the loan period for term finance	Facility-dependent
Last 3 years' audited balance sheets	Firm/company etc., as applicable
Lease/title deeds of properties offered as primary or collateral security	Where property is offered
Certificate of incorporation from Registrar of Companies, including and directors' DIN	For a company
Bank account details and outstanding existing loans/limits	Where applicable
number and returns	If applicable

PNB's says it will provide a legal/regulatory-compliant case checklist with the application form and can assist with the form. This list is general commercial-loan guidance, not a scheme-specific exhaustive requirement.

PNB Frequently Asked Questions — Commercial Loans · Commercial Loans , What Documents need to be submitted for a commercial loan? · accessed 8 Oct 2026Open official source ↗

Table 4 · 2 rows · 2 columnsPNB MSME credit-decision timelineView tableHide table

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PNB MSME credit-decision timeline
Credit limit	Time limit not exceeding
Up to ₹25 lakh	14 working days
Above ₹25 lakh	6 weeks

PNB says these timelines apply to conveying credit decisions under the direction. The separately states that post-digital approval disbursement depends on the information and documentation supplied; this table is not a promise of sanction or disbursement.

PNB Frequently Asked Questions — Commercial Loans · Commercial Loans , credit-decision timeline table · accessed 8 Oct 2026Open official source ↗

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PNB Solar Energy Scheme

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

PNB Arhatia Scheme

PNB Artisan Credit Card

PNB Bill Financing

PNB Compressed Bio Gas (CBG) under SATAT Scheme