The SBI Surya Ghar Yojna offers loans for rooftop solar panel installations, aiming to promote renewable energy adoption. Eligible applicants, including individuals, pensioners, professionals, businessmen, and agriculturists, can receive loans ranging from Rs 2,00,000 to Rs 6,00,000, depending on the capacity of the installation. There’s no minimum income requirement for installations up to 3 KW, but for larger installations, a minimum annual income of Rs 3 lakh is necessary. Applicants must be under 65 years old, with loans to be repaid within 10 years, including a 6-month moratorium period. PAN, IT returns, or Form 60 are mandatory for larger installations.
Understanding SBI’s Solar Rooftop Loan Scheme
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/04/24104709/download-37.jpg)