You do not have to fund a rooftop system out of savings. Bank finance for solar is well established in Kerala, and the PM Surya Ghar scheme carries its own low-interest loan provision for homes. We assist with bank loan arrangements on plants of 5 kW and above.
Most borrowing buys something that costs you money to keep. A solar system does the opposite: it removes a bill you are already paying every month. That changes how the arithmetic should be read — the question is not whether you can afford the EMI in isolation, but how the EMI compares against the KSEB bill it replaces.
Where a system is sized properly against your consumption, a good chunk of the EMI is covered by the electricity you no longer buy. Once the loan is paid off, the generation continues for the remaining twenty-plus years of panel life, which is where the real return sits.
These are not alternatives — you can take both. The usual pattern for a home is to finance the full system cost, receive the PM Surya Ghar subsidy after commissioning, and put that lump sum straight against the loan principal. That shortens the tenure significantly.
PM Surya Ghar also provides for low-interest collateral-free loans for residential rooftop systems. Rates and terms are set by the participating banks and change from time to time, so confirm the current position with your bank rather than relying on a figure quoted on any installer's website, including ours.
We assist with bank loan arrangements for plants of 5 kW and larger. What the bank needs from the installer side — system specification, quotation, and the documentation that shows the plant is a real, properly engineered asset — we prepare. What we cannot do is approve your loan; that is entirely the bank's decision, based on your own credit position.
For smaller residential systems, the PM Surya Ghar collateral-free loan route through the national portal is usually the more straightforward path, and we will point you at it rather than pretending we add value we do not.
Yes. Bank finance for rooftop solar is well established, and PM Surya Ghar additionally provides for collateral-free low-interest loans on residential systems. We assist with bank loan arrangements for plants of 5 kW and above; for smaller home systems the national portal route is usually simpler.
Yes — they combine. Most customers finance the system, receive the PM Surya Ghar subsidy after commissioning, and put that money straight against the loan principal, which shortens the tenure.
That is set by your bank, not by us, and rates change. We deliberately do not quote a rate on this page, because a number that is stale by the time you read it is worse than no number. Ask your bank for their current solar rooftop rate.
Sometimes, but we will not promise it blind — it depends on your consumption, the system size and your loan tenure. What we will do is show you the arithmetic against your own KSEB bills before you commit, so you can see the real comparison rather than a sales figure.
We assist with the arrangement for 5 kW and larger plants — preparing the specification, quotation and documentation the bank needs. The approval decision is the bank's alone and rests on your credit position.
Phone +91 79076 49902 Email planetsolarpowersolutions@gmail.com Opp. Ojeen Cafe, Akkaparambu, Poonthavanam P.O., Kondiparamba, Kerala 679325