System Size (kW)
₹55k/kW · 1–10 kW rate
kW
1 kW2,000 kW
1–10 kW
₹55k/kW
11–30 kW
₹49k/kW
31–100 kW
₹48k/kW
100+ kW
₹47k/kW
Quick presets
Rate per kW₹55,000/kWGross project cost₹2,75,000
PM Surya Ghar SubsidyAUTO-APPLIED
Tap a slab to apply
✅ PM Surya Ghar Subsidy of ₹78,000 — AUTO-APPLIED
Loan Tenure
8% p.a.
Savings Calculator
₹9
₹7₹15
5%
0%15%
Assumes 4 kWh/kW/day(India average). Actual output varies by location, shading & panel tilt.
Loan Summary
Loan Amount (Gross)
₹2,75,000
✅ PM Surya Ghar Subsidy — AUTO-APPLIED
₹78,000 will be saved after the subsidy is credited to the bank account.
Loan Breakdown
Principal₹1,97,000
Total Interest₹42,667
Total Payable₹2,39,667
Savings & ROI
Units generated / year7,300 kWh
Year 1 electricity savings₹65,700
Monthly electricity saving₹5,475
Payback period4.0 years
25-year total savings₹31,35,670
Net 25-year profit₹28,60,670
EMI Formula
EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1) P = Loan, r = Rate÷12 per month, n = tenure in months. Rate: 8% p.a. up to ₹40L · 8.5% p.a. above ₹40L.
PM Surya Ghar Subsidy
Residential rooftop only (up to 10 kW): ≤1 kW → ₹30,000 ≤2 kW → ₹60,000 3–10 kW → ₹78,000 (capped) Above 10 kW or commercial projects: no subsidy.
Solar Loan Options
IREDA, SBI, HDFC, Tata Capital and NBFCs offer dedicated solar loans at 7–14% p.a. Rates vary by lender, loan size and borrower profile.