Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
PurposeInstallation of an eligible residential solar rooftop system, including qualifying elevated ground-mounted installation where the applicant has land rights
Source 1Published loan rangeNo published minimum; up to ₹2 lakh under the lower tier and above ₹2 lakh up to ₹6 lakh under the higher tier
Source 2Current published rate tiers5.75% p.a. up to ₹2 lakh, equal to EBLR minus 2.15%; 7.90% p.a. above ₹2 lakh and up to ₹6 lakh, equal to EBLREffective 15 Dec 2025
Source 3Minimum borrower margin10% of project cost for both published loan tiers
Source 4Maximum repayment period120 months including a six-month moratorium; no published minimum period and no prepayment penalty
Source 5Age, credit and income tiersSingle applicants up to age 65 with closure before 70; joint route up to age 75 subject to co-borrower closure rule; no minimum CIBIL or income up to ₹2 lakh, while the higher tier needs CIBIL 650+ and net annual income of at least ₹3 lakh
Source 6Processing and prepayment chargesNil processing fee and no prepayment penalty
Source 7Published central subsidy₹30,000 for 1 kW, ₹60,000 for 2 kW and ₹78,000 for 3 kW; the borrower claims it through PM Surya Ghar using the loan account number
Source 8Application routeRegister first at PM Surya Ghar, then apply through JanSamarth using either self-service or assisted journey
Source 9FY2025-26 programme evidenceSBI reports a 67% market share in financing residential rooftop-solar installations under PM Surya Ghar and ₹13,721 crore of sanctioned limits as at 31 March 2026. During the year it liberalised sourcing, processing and sanctioning and allowed technically compliant elevated ground-mounted installations where the customer holds rights to the land.Effective 31 Mar 2026
Source 10Reported concessional ratesThe report states EBLR less 2.15 percentage points, effective 5.75%, for loans up to ₹2 lakh; and EBLR, stated as 7.90%, for loans above ₹2 lakh and up to ₹6 lakh.Effective 31 Mar 2026
Source 11Benefits and features
- Loan up to ₹6 lakh
- Current floating rates from 5.75% p.a.
- Ten-year maximum repayment
- Nil processing fee
- No prepayment penalty
- Published government-subsidy pathway
Eligibility
- The applicant needs eligible roof or land rights, sufficient installation area, an electricity bill and an SBI savings account.
- The higher tier requires PAN, CIBIL 650+, annual income of ₹3 lakh or more and fuller income documents.
- Default or write-off credit histories are excluded.
- Insurance is not mandatory for 1–3 kW capacity but is required above 3 kW, at customer cost.
- Government subsidy is separately administered and not guaranteed by SBI.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- KYC and electricity-bill details
- PAN for the higher tier
- Two years of Form 16 or income-tax returns for the higher tier
- Six months' salary statement or applicable bank and income evidence for the higher tier
- MNRE-mandated feasibility reports and vendor documentation