Get Collateral Free Rooftop Solar Loan

Getting a loan on rooftop solar is Quick, Simple and Hassle Free

12.5% Lowest Interest rate

Up to 1 Cr. Loan size

You're just 4 steps away...

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Easy to apply for a loan with us,Once you have complete this form.

Get a Loan in 4 Simple Steps

To simplify rooftop solar installation for your home and business in India, Loom Solar provides 4 steps to go solar energy that will help you to reduce upto 90% electricity bill for lifetime.

Book Engineer Visit

Site survey is initial step where our expert visits your installation area that understands your requirements and based on site analysis he/she gives your perfect solar solution. 

Finalize the System

Best choice products gives you hassle free life, so we offer the cutting edge technology products of solar panel, lithium battery, hybrid inverter that matches your solar expection.

Solar Loan Process

Installing a solar system is a dream, to fulfill your dream, we're providing you the facility to install solar on loan within 7-9 days, so that you can generate money from idle rooftop.

Install Rooftop Solar

Within the next 15 working days of purchasing the solar system, our expert team does the installation of the solar system and after that we provide non-objection certication of solar installation.

EMI Calculator

To simplify rooftop solar installation for your home and business in India, Loom Solar provides 4 steps to go solar energy that will help you to reduce upto 90% electricity bill for lifetime.

Why our consumers trust us

Solar Loan made Easy! Loom Solar wants to help residential & commercial sectors to install solar systems.

50,000+

Happy Homes

12.5%

Interest Rate

5+

Loan Providers

100%

Safe & Secure

Have questions about solar loan?

Do you want to know basic information about solar loan, such as loan on which solar system, interest rate, loan tenure, documents required, down payment, etc.

Ask Question

What is the solar loan interest rate?

Solar loan interest rate starts from 8.25% to 12.5% depending on consumer's profiling, cibil score, banking, loan amount, etc.

Here is a list of documents required for a solar loan:
  • Valid Proof of Applicant Identity - PAN Card + Aadhar Card
  • 12 Months Bank Statement
  • 6 Months Electricity Bill
  • GST Return File for Current Year (For business)
  • 3 Years Balance Sheet & 2 Years ITR File (For business)
  • Property Documents
  • MSME Certificate (For business)

Generally, the banks provide maximum upto 80% of loan against the value of rooftop solar system. Therefore, if you want a solar loan for buying a solar panel of Rs. 5 lakhs, the maximum amount you can get is 80% of that i.e. 4 lakhs.

No, when you plan to install a rooftop solar system, you need to pay 20% down payment and you can pay easy emi of 80% remaining amount.

Some of the common factors of eligibility for solar loans are mentioned below:
  • Any type of solar system such as off grid solar system, grid connected solar systems and hybrid solar system.
  • Consumer's name should be the same on the electricity bill and property document.
  • Consumer's cibil score should be 750 or more.
  • Consumer's age should be 22 years to 62 years old.
  • Consumer's profile should be government employee, private employee & business owner.

How to get Solar Loan?

Happy Consumer

What our solar loan consumer say about us.

I was planning to install a 10kW on grid-solar system, but it’s cost was slightly high. I connected with Loom Solar, they helped me provide a solar system on easy EMI which matched my electricity bill.
Ishwar Bansal
Begampur, Delhi
I was planning to install solar system to reduce the electricity bill of my office. I started researching about solar system, found Loom Solar and booked engineer visit to know about solar system, pricing, etc. They visited my office and suggested a 5kW on grid solar system. However, the cost of the system seemed high for me. Then I thought of availing a Solar Loan and finally my solar loan was approved with the help of Loom Solar. I will now pay Rs. 29,250/- per month for 12 months.
Inoday Textile Pvt. Ltd.
Gurugram, Haryana

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