What Is Solar Financing?
Solar financing covers the various ways to fund a solar installation beyond paying the full amount upfront — primarily bank loans, NBFC EMI plans, and in some cases financing tied to government subsidy schemes. Because a solar system pays for itself over several years through bill savings, financing lets you start saving immediately rather than waiting to save up the full amount.
Benefits of Solar Financing
Lower Monthly Outlay
Financing spreads the cost over time, often with EMIs comparable to or lower than your current electricity bill.
Start Saving Immediately
You begin generating and saving from day one rather than waiting to save up the full purchase price.
Multiple Lender Options
We work with partner banks and NBFCs so you can compare rates rather than being tied to one lender.
Subsidy Applied Regardless
Government subsidy assistance applies whether you pay upfront or finance the balance.
Documentation Support
We help prepare the documentation lenders typically require for a solar loan application.
Flexible Tenure
Loan tenures are typically flexible from 2 to 7 years depending on the lender and loan amount.
How Solar Loans Typically Work
A solar loan works similarly to any other secured or unsecured consumer loan — the lender assesses your eligibility, sanctions an amount, and disburses funds either directly to us as the installer or to you. Interest rates and required documentation vary by lender; we'll point you to current options from our partner banks and NBFCs when you're ready to proceed.
Up to \u20B91,08,000 Government Subsidy Available — as applicable under current Central + State benefits for eligible residential rooftop solar installations in Uttar Pradesh. Eligibility depends on system size, applicable government guidelines, approvals and scheme eligibility, and is subject to change.
Installation Process
Free Site Survey
We assess your roof, load pattern and existing electrical setup.
Design & Quotation
System size, component brand and itemised pricing are shared upfront.
Financing Application
If you choose to finance, we help prepare and submit your loan application alongside the subsidy paperwork.
Installation
Installation proceeds on the agreed timeline once financing (if applicable) is approved and disbursed.
Commissioning & Handover
System is tested, verified and warranty documents are handed over.
Why Choose Sunroof Solar Solutions
We're upfront that financing decisions are yours to make — we can point you toward partner lenders and help with documentation, but the choice of lender, loan amount and terms is between you and the financial institution.
Frequently Asked Questions
No — we're not a lender. We work with partner banks and NBFCs and help you with the application and documentation process.
No, government subsidy assistance is applied based on system eligibility regardless of whether you pay upfront or finance the remaining cost.
This varies by lender but commonly includes identity and address proof, income documentation and the property's electricity bill — we'll confirm specifics for whichever lender you choose.