The PNB Solar Rooftop Loan 2025 is a government-backed financial assistance scheme offered by Punjab National Bank (PNB) to help homeowners, businesses, and institutions install solar rooftop systems at affordable costs. With rising electricity prices and the push for clean energy, this loan provides an excellent opportunity to switch to solar power without heavy upfront investment.
What Is PNB Solar Rooftop Loan 2025?
The PNB Solar Rooftop Loan is a specialised home/green loan that allows individuals and entities to install solar panels on rooftops or open spaces. Instead of paying large sums upfront for solar equipment and installation, the bank finances the cost and the borrower repays the loan in easy monthly EMIs with low interest — making solar adoption easier and more affordable.
Who Can Apply for the Solar Rooftop Loan?
This loan is available for:
• Residential homeowners (individuals) looking to install solar panels on their homes
• Commercial & industrial units wanting solar energy for business use
• Institutions like schools, hospitals, and NGOs aiming to reduce electricity costs and promote sustainability
Applicants should be Indian citizens or registered entities with good credit history, and must provide proof of ownership/lease of the premises where the solar system will be installed.
Key Benefits of PNB Solar Rooftop Loan
• Low interest rates compared to standard personal/consumer loans
• Long repayment tenures (making EMIs affordable)
• Tax incentives available under Section 80EEB of the Income Tax Act for solar installations
• Ability to choose system size and components as per needs
• Environmentally friendly investment with long-term savings on electricity
Loan Amount & Tenure
The loan amount can vary depending on the cost of the solar system and eligibility of the borrower. Generally:
• Residential solar loans may cover up to ₹10–15 lakh or more for larger systems
• Business/Institutional loans can go higher based on project size
Tenures typically range from 3 to 7 years, allowing repayment to be stretched over time so EMIs remain manageable.
Required Documents
Common documents needed include:
• Identity proof (Aadhaar, PAN, Passport, Voter ID, etc.)
• Address proof
• Income proof (salary slips, bank statements, ITRs)
• Property documents/ownership papers
• Solar project proposal/quotation from an approved vendor
• Passport-size photograph
How to Apply for PNB Solar Rooftop Loan
- Visit a PNB branch or the official bank website
- Choose the Solar Rooftop Loan product
- Fill out the application form and upload/submit documents
- Bank will process and evaluate your eligibility
- After approval, funds are disbursed directly for solar installation
Why the Solar Rooftop Loan Matters
With rising energy costs, adopting solar power can drastically reduce electricity bills. The PNB Solar Rooftop Loan 2025 not only makes the financial investment affordable, but also supports India’s clean energy goals. Solar panels typically last over 20 years, offering long-term savings while reducing carbon footprint.
