See how solar finance can fit your budget
Enter the amount left after subsidy and compare the estimated EMI with your expected bill savings. The PM Surya Ghar loan is collateral-free from nationalised banks at the repo rate plus 0.5%, which was 5.75% on 28 July 2026, over 10 years.
₹
Use the net payable from the solar calculator.
% a year
PM Surya Ghar loans: repo rate + 0.5% (5.75% on 28 Jul 2026). Bank rates differ; enter yours.
years
₹
From the solar calculator; used to compare EMI with savings.
Monthly EMI
₹1,098
- Total repaid
- ₹1,31,723
- Total interest
- ₹31,723
- Saving minus EMI
- +₹1,402 a month
Reducing-balance EMI, no processing fee or insurance modelled. Under the scheme the loan is collateral-free from nationalised banks; the rate is repo-linked and changes with the repo rate.