Tool
Built by the Solar Samachar editorial desk · Figures updated for 2026
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Standard reducing-balance EMI. “Net monthly cost” = EMI − your expected solar savings; a negative or near-zero value means the system largely pays for itself as you repay. Indicative — confirm rates with your lender.
Get quotes & finance optionsAn estimate is a great start — get 3 free, no-obligation quotes from vetted installers near you to see your actual price and subsidy.
Yes. Many banks and NBFCs offer solar loans, and PM Surya Ghar has facilitated low-interest financing for residential rooftop systems. You can also use a personal or home-improvement loan.
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate and n is the number of months. This tool does the maths for you.
Often, yes. If your monthly bill savings are close to or above the EMI, the system effectively pays for itself while you repay the loan — then the savings are pure gain after payback.
Usually you finance the net cost after the PM Surya Ghar subsidy, since the subsidy is credited to your account after commissioning. Confirm the exact structure with your lender and installer.
Sources: PM Surya Ghar / MNRE (pmsuryaghar.gov.in) · Electricity (Rights of Consumers) Rules, 2020
These are planning estimates for 2026 — your actual system, tariff, sunlight and quotes will vary. Always confirm with an installer.