Affordable Solar Energy with Simple Solar Loan Choices!

Use reasonably priced solar financing solutions to make the move to solar power. With our rooftop solar loans, take advantage of reduced EMIs, alluring interest rates, and a more environmentally friendly future.

Apply Now

OVERVIEW | FEATURES | ELIGIBILITY | DOCUMENTS | EMI CALCULATOR | Reviews | FAQ`s



One financial option that enables people and companies to use solar energy systems without having to make a sizable upfront investment is a solar loan. With payments divided into manageable monthly installments, it permits the installation of rooftop solar panels and other required parts. This strategy encourages a move toward renewable energy while reducing electricity prices.
MSMEs, homeowners, and businesses wishing to install solar panels for commercial, industrial, or residential usage are the target audience for our rooftop solar loan. With this financing option, adopting renewable energy is possible without having to worry about hefty upfront costs.

Features and Benefits of Solar Loan

solor

Flexible Tenure: 12 to 84 months

solor

No Additional Collateral Required

solor

Minimum Turnover 25 Crores

solor

Minimum 5 Years Old Company

solor

Loan Amount: Minimum 60 Lakhs to Rs 3 Crores

solor

Dedicated & Personalized Support

solor

Minimal Documentation & Digital Processing

solor

Loan EMIs Lower Than Your Current Electricity Bills

solor

Comprehensive Financing: Covers solar panels + ancillaries

solor

Quick Approvals: Score-based assessment for faster processing

solor

Competitive Interest Rates: 7.99% Flat Rate or 12.5% Reducing Balance Rate onwards

Apply Now

Eligibility Criteria Required for Solar Loans

AABB Program

Maximum Loan Limit = LTV or eligible loan amount based on maximum allowed EMI, whichever is lower.
Maximum EMI = 0.50 x ABB (ABB = Average bank balance in operative account of the customer for last 12 months)

GST Program

Latest 12 months’ GST turnover
Apply industry net margin on the turnover
Calculate DSCR considering existing and proposed obligations
Eligible EMI at DSCR 1.2 to be considered

Saving with Renewable Energy

Collect latest 3 months of electricity bills 
Calculate average energy consumption in units and amount. 
Calculate energy savings with solar panel installation for the same consumption. 
Add back the savings for a higher loan eligibility.

solor loan

Documents Required for Solar Loans

For Company KYC

GST Certificate
Shop Light Bill
Udyam Registration Certificate

solor loan
solor loan

Solar Loan EMI Calculator

To estimate your monthly installments, use our Solar Loan EMI Calculator. To get an immediate EMI calculation, just input your loan amount, interest rate, and term. This aids in effectively planning your solar investment and selecting the loan type that best meets your budgetary requirements.

Testimonials

What People Say About Us?

★★★★★
Entrepreneurs have commended Ruloans for offering tailored loan options that fit their specific business needs.
Adam CheiseDirector at Dynamic
★★★★★
Entrepreneurs have commended Ruloans for offering tailored loan options that fit their specific business needs.
Adam CheiseDirector at Dynamic
★★★★★
Entrepreneurs have commended Ruloans for offering tailored loan options that fit their specific business needs.
Adam CheiseDirector at Dynamic

Frequently Asked Questions

Find answers to commonly asked questions about our products and services.

Purchase solar rooftop panels to save your energy costs and contribute to a more environmentally friendly future.
Take the first step toward adopting sustainable energy by submitting an application for a solar loan from us!
Apply Now