PM Surya Ghar Yojana: Get collateral-free loans of as much as Rs 2 lakh at a 6.75 per cent rate of interest

PM Surya Ghar Muft Bijli Yojana: PM Surya Ghar Muft Bijli Yojana, the world’s largest home rooftop photo voltaic initiative, has empowered 10 lakh properties with photo voltaic vitality. The federal government is focusing on to solarise 20 lakh households by October and has a imaginative and prescient to produce solar energy to 1 crore households by March 2027.

” Over 1 million households have been solarised underneath the PM Surya Ghar: Muft Bijli Yojana to date,” stated Union Minister for New and Renewable Vitality Pralhad Joshi.

PM Surya Ghar Muft Bijli Yojana: Know the scheme?

Beneath this scheme, as much as 40 % subsidy is offered for putting in photo voltaic panels in properties. 

As a part of the scheme, 12 Public Sector Banks are providing simple financing choices, together with collateral-free loans as much as Rs 2 lakh at a 6.75 per cent backed rate of interest. 

PM Surya Ghar Muft Bijli Yojana mortgage scheme advantages supplied by main banks:  

• Subsidy as much as Rs 78,000.  
• Loans as much as Rs 6 Lakh, ROI or Charge of Curiosity beginning at simply 6.75 per cent each year.  
• No earnings paperwork are required for loans as much as Rs 2 lakh.  
• Finance as much as 90 per cent of the price.

PM Surya Ghar Muft Bijli Yojana: Eligibility 

– The family have to be an Indian citizen.

– The family should personal a home with a roof that’s appropriate for putting in photo voltaic panels.

– The family will need to have a legitimate electrical energy connection.

– The family should not have availed another subsidy for photo voltaic panels 

PM Surya Ghar Muft Bijli Yojana: How To Apply?

Step 1: Go to the official web site i.e. https://pmsuryaghar.gov.in/

Step 2: Go to the patron tab  and choose “Apply Now” (or) Open the Login dropdown menu and choose “Shopper Login”.

Step 3: Log in along with your cellular quantity and confirm the identical. Present particulars likes title, state and others. Confirm you e-mail id and save your profile. 

Step 4:  For Vendor, choose sure or no relying in your requirement

Step 5:  Click on on ‘Apply for Photo voltaic Rooftop’ and supply particulars like state, district discom and others.

Step 6: On getting the feasibility approval, choose vendor and supply financial institution particulars for subsidy.