Government of India is encouraging adoption of solar energy by every Indian. To promote convenient adoption and use of solar energy, public sector banks & private banks have been given statutory instruction by Ministry of Finance to offer loan at reasonable cost.
Investing in the rooftop solar installation is no different. In fact, solar loans are becoming more and more popular with the growing need and banks are accommodating this growing traction of customers by providing multiple payment options at reasonable solar loan interest rates in India. The most common question that arises is what will be the total cost of rooftop solar installation; Can I get loan or EMI option? Read this article to learn about the various financing options.
