Punjab Gramin Bank

Punjab Gramin Bank

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Sustainable Residential Energy

PGB SURYA GHAR
MUFT BIJLI YOJNA

Transform your roof into a power plant. Get easy financing up to ₹6.00 Lakhs with repayment up to 10 years.

Starting ROI

5.75%*
  • Max Capacity: 10 kW
  • Max Age: 75 Years
  • Platform Cost included

Basic Tier Assessment

Maximum Loan

₹2.00 Lakhs

Margin: 10%

Income Rule

No Min. Income

No assessment required

Security & Insurance

Hypothecation: Solar equipment to be purchased acts as primary security.

Guarantor: 3rd Party Guarantee WAIVED.

Paperwork

  • Application Form & KYC (Aadhar/PAN)
  • Latest Electricity Bill (Mandatory)
  • MNRE Feasibility Report & Quotation
  • 6 Months Bank Statement

Note for Farmers

Income can be assessed based on land holding, cropping patterns, and scale of finance.

Starting Rate of Interest

Rates are linked to CIBIL scores and existing relationships with PGB.

Special Fixed Rate

5.75% p.a.

*Floating options are also available. Rates are linked to RLLR. Presently RLLR is used for calculations.

10 YEAR REPAYMENT

Flexible monthly installments tailored to your savings on electricity bills.

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