Solar Savings & Financing Estimator

Calculate your savings. Plan your investment.

Understand how rooftop solar works for your home — from system sizing and government subsidies to monthly EMIs and bank comparison.

Your electricity usage

Adjust the values to reflect your average monthly bill.

Monthly Electricity Bill
₹4,500
₹500₹1,00,000
Rate per Unit
8 ₹/unit
4 ₹/unit15 ₹/unit
Your Region

Recommended system

Based on your usage and regional sunlight.

4.5kW System
Monthly savings₹4,275
Generation621 units/mo
PM Surya Ghar subsidy₹78,000
Payback period3.9 years

Estimated cumulative returns

10 yr₹6,45,246
15 yr₹11,06,980
20 yr₹16,96,283
25 yr₹24,48,400

With 5% annual tariff escalation

Your Investment

Set your system price and downpayment to calculate the exact financing needed.

System Price
₹3,10,000
2.10L
2.85L
3.05L
3.50L
4.20L
4.90L
₹1,70,000₹7,50,000
₹
Apply subsidy to reduce loan?Subsidy will be deducted from your loan amount
System Price₹3,10,000
PM Surya Ghar Subsidy– ₹78,000
Amount to Finance₹2,32,000

Financing & EMI

At ₹2,32,000, consider splitting: ₹2L at concessional rates, the rest at standard bank rates.

Up to ₹2,00,0005.75 – 7.00%Collateral-free · Nil processing
Above ₹2,00,0009.15 – 10.95%Standard bank terms
Interest Rate
7%
5%14%
Loan Tenure
7 yrs
1 yrs10 yrs
Monthly EMI₹3,502
Your savings of ₹4,275/mo exceed the EMI — net positive from day one.

Compare banks

UBI

Union Bank of India

UNION ROOF TOP SOLAR-MUFT BIJLI YOJANA NEW

5.75%

₹3,361/mo

BOI

Bank of India

BOI Rooftop Solar Finance - PMSGMBY

5.75%

₹3,361/mo

BOB

Bank of Baroda

PMSG Standalone-Non STP_Below 2 Lakhs

5.75%

₹3,361/mo

PNB

Punjab National Bank

PNB SURYAGHAR SCHEME UP TO 2 LACS

5.75%

₹3,361/mo

UCO

UCO Bank

UCO SURYODAYA LOAN SCHEME - Up To 3KW

5.75%

₹3,361/mo

CBI

Central Bank of India

CENT SOLAR UPTO RS 2 LAKHS

5.75%

₹3,361/mo

CB

Canara Bank

CRTS-PMSGY UPTO 2 LAKHS

6.00%

₹3,389/mo

SBI

State Bank of India

SBI Surya Ghar Up To Rs 2 Lacs

6.00%

₹3,389/mo

IB

Indian Bank

ROOF TOP SOLAR LOAN

6.75%

₹3,473/mo

BOM

Bank of Maharashtra

MAHA BANK SOLAR ROOFTOP -PM SURYAGHAR MUFT BIJLI YOJNA

6.75%

₹3,473/mo

RMGB

Rajasthan Gramin Bank

RMGB SURYA GHAR SCHEME

7.00%

₹3,502/mo

PSB

Punjab & Sind Bank

PSB-SURYA GHAR 2

8.65%

₹3,692/mo

IOB

Indian Overseas Bank

IOB HL SURYA

7.00%

₹3,502/mo

HDFC

HDFC Bank

RTS_Solar

8.90%

₹3,721/mo

AEREM

Aerem (Netzero Finance)

Residential Term Loan

15.50%

₹4,542/mo

RATNA

Ratnaafin Capital

Rooftop Solar Installation Financing

16.00%

₹4,608/mo

Rates are indicative, floating (EBLR/RLLR linked), and subject to individual credit profile. Apply via Jan Samarth.

PM Surya Ghar subsidy structure

Central financial assistance per MNRE guidelines. Capped at ₹78,000 for 3 kW and above. Commercial plants are not eligible.

System capacitySubsidy
1 kW₹30,000
2 kW₹60,000
3 kW₹78,000
3 kW+₹78,000

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