SBI Surya Ghar Loan: Interest Rate & Eligibility 2026

SBI Solar Loan Scheme Overview

State Bank of India offers rooftop solar loans under the Surya Ghar scheme at competitive rates.

Key features

• Loan amount: Up to 80% of total system cost
• Interest rate: 8.5% (may vary based on credit score)
• Tenure: Up to 10 years
• Processing fee: Nil for SBI account holders

Eligibility criteria

• Indian citizen aged 21-70 years
• Minimum monthly income: ₹15,000
• Good CIBIL score (750+ recommended)
• Valid KYC documents

EMI calculation for 3kW system

• System cost after subsidy: ₹87,000 (Delhi)
• Loan amount (80%): ₹69,600
• EMI for 5 years: ~₹1,428/month
• EMI for 7 years: ~₹1,114/month
• EMI for 10 years: ~₹940/month

Documents required

• Aadhaar & PAN card
• Bank statements (last 6 months)
• Income proof (salary slips or ITR)
• Property documents
• Proforma invoice from solar installer

How to apply

• Visit your nearest SBI branch with documents
• Apply online through SBI YONO app
• Scheme code: SBI SURYA GHAR LOAN