Residential Solar Loans & EMI Options | 360 Solar Technology
Go Solar with ₹0 Down Payment – Pay from Your Savings! Power your home with solar without touching your savings. 360 Solar Technology partners with leading banks and NBFCs to offer hassle-free solar financing — easy EMIs, instant approvals, and government subsidy integration.
Start saving on electricity bills from Day 1, while your loan gets paid automatically from reduced power costs.
Why Choose Solar Loans from 360 Solar?
| Benefit | Details |
|---|---|
| Zero or Minimal Down Payment | Pay ₹0–10% upfront |
| Low-Interest Rates | 8.5%–11% p.a. (reduces with subsidy) |
| Flexible Tenure | 3 to 7 years |
| Quick Approval | Within 48 hours |
| Subsidy Directly Adjusted | Up to ₹78,000 credited to loan |
| No Hidden Charges | Transparent processing |
Solar Loan Eligibility (Residential)
| Criteria | Requirement |
|---|---|
| Property | Self-owned rooftop (RCC/metal sheet) |
| Electricity Bill | ₹3,000+ monthly (or 3+ kW load) |
| CIBIL Score | 650+ (lower scores? We help!) |
| Documents | Aadhaar, PAN, 6-month bank statement, electricity bill |
| Income Proof | Salaried: Salary slip |
Don’t meet criteria? Ask about our Self-Finance / Lease-to-Own plans.
Sample EMI Plans (After Subsidy)
| System Size | Subsidy | Net Cost | EMI (5 yrs) | Monthly Savings | Net Benefit/Month |
|---|---|---|---|---|---|
| 3 kW | ₹78,000 | ₹1,50,000 | ₹3,200 | ₹4,500 | +₹1,300 |
| 5 kW | ₹78,000 | ₹2,50,000 | ₹5,300 | ₹7,500 | +₹2,200 |
| 10 kW | ₹78,000 | ₹5,00,000 | ₹10,600 | ₹15,000 | +₹4,400 |
Your EMI is less than your current bill! Savings calculated @ ₹8/unit average tariff
How Solar Loan Works – 4 Simple Steps
Free Quote & Subsidy Check
Loan Pre-Approval
<48 hrs>
Subsidy Sanction
7–15 days
Installation + Net Meter
3–7 days
EMI Starts
Savings Begin!
- Apply → Share documents via WhatsApp
- Approve → Loan sanctioned in 1–2 days
- Install → System up before EMI starts
- Save → Pay EMI from bill savings
Our Banking Partners
- Punjab National Bank – Green Energy Loans
- State Bank of India – Surya Ghar Finance
- Tata Capital – Solar EMI @ 8.5%
- Bajaj Finserv – Zero foreclosure after 6 months
- Aditya Birla Finance – Self-employed friendly
Special Schemes
| Scheme | Benefit |
|---|---|
| PM Surya Ghar Yojana | ₹30,000–₹78,000 direct subsidy |
| Interest Subvention | 2–3% subsidy on loan interest |
| Women Homeowners | Extra ₹10,000 subsidy (select states) |
| SC/ST Applicants | Priority processing + relaxed norms |
Documents Required
Salaried
- Aadhaar + PAN
- 3-month salary slip
- 6-month bank statement
- Electricity bill
- Property tax receipt
Self-Employed / Business
- Last 2 years ITR
- GST returns (if applicable)
- Shop/act establishment proof
We assist with documentation & online submission.
Frequently Asked Questions
Q: Can I prepay the loan? Yes — zero foreclosure charges after 6 months.
Q: Is subsidy adjusted in EMI? Yes — net cost after subsidy is financed.
Q: What if I sell my house? Loan can be transferred to new owner.
Q: Is insurance included? Yes — system insured for 5 years.