Over 5 Lakh Loans Sanctioned Under PM Surya Ghar Muft Bijli Yojana
Public Sector Banks have sanctioned 5.79 lakh loans worth ₹10,907 Cr under PM Surya Ghar Muft Bijli Yojana, empowering households with rooftop solar, affordable credit, and simplified digital loan access.
Key Highlights :
- Over 5.79 lakh loan applications sanctioned, totaling ₹10,907 Cr
- Loans up to ₹2 lakh, collateral-free, with 6-month moratorium and flexible repayment
- Enhancements include co-applicants, removal of capacity-based caps, and simplified documentation
- Loans processed via JanSamarth Portal for seamless digital application
- Supported by Public Sector Banks, Ministry of New & Renewable Energy, and State Bank Committees for better outreach
| Category | Details |
|---|---|
| Loans Sanctioned | 5.79 Lakh |
| Total Loan Amount | ₹10,907 Cr |
| Maximum Loan per Household | ₹2 Lakh |
| Moratorium Period | 6 Months |
| Key Enhancements | Co-applicants allowed, Capacity-based caps removed, Simplified documentation |
| Application Platform | JanSamarth Portal (pmsuryaghar.gov.in) |
The scheme accelerates adoption of rooftop solar, promotes clean energy, and empowers households financially, supporting India’s renewable energy targets and Atmanirbhar Bharat mission
Source : Ministry of Finance , PIB
