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Get a solar loan from Solnce Energy to easily finance your solar panel installation with flexible payment options, making solar energy more affordable.
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Our solar expert is one call away. They will understand your needs and help you choose the best quality products at the most affordable rates.
A solar loan is a financing option that allows homeowners to install solar panels without paying the full cost upfront. Instead, the cost is spread over a set period through monthly payments.
Yes, common types include Secured loans and Unsecured loans.
Repayment terms typically range from 2 to 10 years, depending on the lender and loan structure.
A solar loan typically lasts 5 to 25 years, with common terms of 10, 15, or 20 years, depending on the lender and loan agreement.
The cost of installing solar panels varies based on system size and type 1kW System: ₹40,000 to ₹60,000, 3-5 kW System: ₹1.2 lakh to ₹3 lakh, 6-10 kW System: ₹3.5 lakh to ₹6 lakh or more. Installation costs may add ₹10,000 to ₹50,000, depending on system complexity. Government subsidies can reduce the overall cost by 20% to 40%, depending on eligibility and system type.
Our solar expert is one call away. They will understand your need and help you choose the best quality services and products at the most affordable rates.