PM Surya Ghar Yojana: The government is also giving subsidy under PM Surya Ghar Yojana, but before that the applicant is required to install the solar roof top.
The Central Government has started to provide the benefit of 300 units of free electricity under the PM Surya Ghar Muft Bijli Yojana. Any Indian citizen can avail its benefits under this scheme. However, there must be sufficient space on the roof of the applicant’s house to install solar panels. The government is also giving subsidy under PM Surya Ghar Yojana, but before that the applicant is required to install the solar roof top.
Installing a solar rooftop can cost lakhs of rupees. The cost of installing solar rooftop will increase according to kilowatt and on the basis of this calculation, subsidy will be given by the government. Under this scheme, a minimum subsidy of Rs 30,000 will be given. In such a situation, you may have to spend thousands of rupees from your pocket.
SBI is giving loan
If you also want to take advantage of this scheme of the government, but do not have money to install a solar rooftop on the roof of your house, then the country’s largest public sector bank SBI has started a loan scheme under this scheme. You can take loan from the bank under PM Surya Ghar Yojana. Let us know who will get this loan amount and what will be the interest rate?
What should be the minimum income?
There is no income criteria for installing solar roof top up to 3 kW capacity, but to avail loan for capacity more than 3 kW and up to 10 kW, the net annual income should be Rs 3 lakh and above.
How much loan can you take and what will be the interest?
To install solar rooftop of 3KW capacity, you can take a loan of up to Rs 2,00,000 and its interest rate is 7 percent per annum. Whereas for capacity more than 3KW and up to 10KW, a loan amount of up to Rs 6 lakh can be taken, the interest rate of which will be 10.15% per annum. People between 65 to 70 years of age can also take this loan. No processing fee will be charged under this.
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