PM Surya Ghar Loan via Jansamarth:
Rates, Bank List, Documents & Process

A PM Surya Ghar consumer can borrow most of the system cost from a public-sector bank at concessional rates without collateral. The application is made from inside the consumer portal, which redirects to Jansamarth (the government's credit-linked schemes portal). Jansamarth gives in-principle approval; the branch sanctions after its own checks. Since August 2026 the government subsidy is credited into the loan account, which cuts the outstanding principal soon after commissioning.

Typical structure: loan covers 80–90% of project cost, tenure up to 10 years, own contribution 10% (sometimes 20%) — enter whatever the portal displays.

The Bank Loan tile on the consumer portal is greyed out until two vendor uploads are complete:

1. The signed agreement on ₹100 stamp paper
2. The Site Feasibility Report with quotation PDF

This sequencing is the most common reason people cannot find the loan option. Ask your vendor to complete both, then refresh. See the full sequence in our application guide.

1. From the consumer portal, click Apply for Loan → redirected to Jansamarth.
2. Aadhaar OTP verification. Needs a working Aadhaar-linked mobile; OTP validity is about 3 minutes.
3. Name fields. Aadhaar returns your full name into First Name. Move the surname to Last Name manually.
4. Personal and income details. Enter true figures. Income and existing loan overdues are checked against CIBIL and bank records; misstatement is grounds for rejection and a fraud flag.
5. Project details. Auto-filled from the PM Surya Ghar application: capacity, project cost, vendor.
6. Own contribution. Enter the percentage the portal shows.
7. Co-applicant/guarantor. Required only if the applicant is 60 or older.
8. Ownership document (PDF). Officially optional on Jansamarth, but branches ask for it: property tax receipt, sale deed, lease deed, panchayat letter, land record (khatauni in rural UP/Bihar), or mutation certificate.
9. Bank and branch selection by IFSC. This is the biggest single failure point. Paste the IFSC rather than typing it. A known bug shows the wrong branch name after entry; fix it by deleting and retyping the last character. A file sent to the wrong branch must be rejected and refiled from scratch.
10. Submit. You receive a digital in-principle approval letter / e-token / acknowledgement.

Take the e-token, quotation, feasibility report, Aadhaar, PAN, electricity bill, ownership proof and bank passbook to the selected branch. Sanction depends on the bank's own criteria — CIBIL score, income and existing obligations. Jansamarth approval does not oblige the bank to lend.

Bank of Baroda additionally requires an “additional details” block (project cost, tenure, moratorium, ownership, residency, declarations) plus uploads of the quotation and completed feasibility report.

• Subsidy is credited to the loan account, not your savings account (from August 2026).
• The Redeem button stays disabled until the bank sends your loan account details to the national portal. The bank has 15 days from inspection approval; after that you may substitute savings-account details.
• On a ₹1.8 lakh loan for a 3 kW system in UP, a ₹1,08,000 subsidy credit leaves roughly ₹72,000 to repay — at 6% over 10 years that is under ₹800 a month, against a monthly bill saving that is usually larger.

Households with a regular income and a CIBIL score above ~700 can usually get the loan and repay it from bill savings alone.

Households with an existing overdue loan, no income proof, or a bill in a deceased relative's name should sort those out first — the loan will be declined at the branch even with Jansamarth approval.