How long does it take to get a solar loan in Delhi approved?

Mostly, approvals for a solar loan in Delhi happen within a few working days after all the required documents are submitted.

Can I get solar roof financing in Delhi for my home?

Yes, of course! Homeowners can access solar roof financing in Delhi for rooftop solar installations with flexible repayment options.

Are solar power loans in Delhi suitable for businesses?

Absolutely, many businesses use solar power loans in Delhi to reduce long-term energy expenses without affecting working capital.

What are the benefits of solar financing in Delhi?

The biggest benefit is flexibility. With solar financing in Delhi, customers can avoid a large upfront payment while still benefiting from reduced electricity bills.

What does solar panel financing in Delhi usually cover?

Typically, solar panel financing in Delhi includes the system cost, installation charges, and related components, depending on the project.

Rooftop Solar System Financing & Installation in Mumbai

Power your business with smart solar solutions tailored for Mumbai's growing commercial and industrial sectors. Whether you're planning a new rooftop solar project or upgrading an existing system, Aerem makes the transition simple with flexible solar loan options in Mumbai and end-to-end project support.

Trusted Financing | Verified EPC Network | End-to-End Solar Solutions

Indicative Solar Installation Cost by System Size

The cost of a rooftop solar system depends on factors such as system size, equipment quality, roof conditions, installation complexity, and the solar installation company in Mumbai you choose for the project. Larger systems generally offer a lower cost per kW, while customised engineering and premium components can influence the final investment.
The estimates below are indicative 2026 installation costs based on publicly available industry benchmarks and market data. They represent installation costs before any government subsidy or financing benefits.

System Size	Indicative Cost Without Subsidy*
Residential
1 kW	₹45,000 – ₹85,000
2 kW	₹1.10 lakh – ₹1.70 lakh
3 kW	₹1.65 lakh – ₹2.25 lakh
4 kW	₹2.20 lakh – ₹2.90 lakh
5 kW	₹2.50 lakh – ₹3.80 lakh
10 kW	₹4.80 lakh – ₹5.50 lakh
Commercial & Industrial
25 kW	₹5.5 lakh – ₹12 lakh
50 kW	₹20.5 lakh
100 kW	₹40 lakh – ₹50 lakh
250 kW+	Custom Quote
1 MW	₹4 crore – ₹5 crore

*Indicative costs are subject to change based on site conditions, component brands, and location-specific factors.

Comparing quotations from reputable solar panel companies in Mumbai can help homeowners and businesses choose the right rooftop solar solution based on quality, system design, and long-term value.

Note: Residential rooftop solar systems typically cost ₹45,000–₹85,000 per kW, while commercial and industrial rooftop solar systems generally range from ₹32,000–₹50,000 per kW.

Disclaimer: Prices are indicative estimates based on publicly available industry benchmarks and may vary depending on project requirements and the final technical assessment.

What is the Solar Subsidy in Mumbai Under PM Surya Ghar Yojana?

The PM Surya Ghar Muft Bijli Yojana helps eligible residential consumers reduce the cost of solar panel installation in Mumbai through government financial assistance. The subsidy is linked to the installed system size and is credited after successful installation and verification under the scheme.

Although this benefit is limited to residential on-grid systems, commercial and industrial projects can consider flexible funding solutions offered by a reputable solar company in Mumbai to reduce their initial costs.

Our goal is to make switching to solar feel easy and stress-free.

Subsidy Slabs by System Size

System Size	Subsidy Amount as Per kW
1 kW	₹30,000
2 kW	₹60,000 (₹30,000 per kW)
3 kW to 10 kW	₹78,000*

*Maximum subsidy capped at ₹78,000, applicable for residential rooftop systems only.

How the subsidy is calculated:

1 kW system: ₹30,000 subsidy.
2 kW system: ₹60,000 subsidy (₹30,000 per kW).
3 kW to 10 kW system: Maximum subsidy of ₹78,000, calculated as ₹30,000 per kW for the first 2 kW and ₹18,000 for the 3rd kW. Systems above 3 kW do not receive additional central subsidy.
Group Housing Societies (GHS) / RWAs: Subsidy of ₹18,000 per kW is available for common facilities up to 500 kW, calculated at 3 kW per eligible house, subject to the latest PM Surya Ghar Muft Bijli Yojana guidelines.

Eligibility Checklist

To apply for the PM Surya Ghar Muft Bijli Yojana subsidy, consumers must meet the prescribed eligibility requirements for residential rooftop solar installations.

Aerem offers solar panel financing in Delhi that adapts to system size, energy consumption, and budget. Whether it’s a small residential setup or a larger commercial installation, solar power loans in Delhi are structured to keep repayments manageable while still helping customers achieve long-term savings.

To qualify, you should:

Be a residential electricity consumer: The applicant must have an active residential electricity connection registered with the concerned DISCOM.
Select a registered vendor: The solar system must be installed by a vendor registered on the PM Surya Ghar portal to ensure compliance with government requirements.
Complete portal registration and verification: Applicants must submit details on the official PM Surya Ghar portal, complete installation formalities, and undergo the required verification process before receiving the subsidy benefit.
Group Housing Societies (GHS) / RWAs: Subsidy of ₹18,000 per kW is available for common facilities up to 500 kW, calculated at 3 kW per eligible house, subject to the latest PM Surya Ghar Muft Bijli Yojana guidelines.

What is the Rooftop Solar System Price in Mumbai with and Without Subsidy?

The final price of a rooftop solar system in Mumbai depends on the system size, equipment selected, and the subsidy available under the PM Surya Ghar: Muft Bijli Yojana. Eligible residential consumers can significantly reduce their upfront investment by availing of the applicable government subsidy. The table below shows the indicative cost before and after subsidy for different residential system sizes.

Solar System Size	Cost Without Subsidy	Subsidy	Indicative Cost with Subsidy*
1 kW	₹45,000 – ₹85,000	₹30,000	₹15,000 – ₹55,000
2 kW	₹1.10 lakh – ₹1.70 lakh	₹60,000	₹50,000 – ₹1.10 lakh
3 kW	₹1.65 lakh – ₹2.25 lakh	₹78,000	₹87,000 – ₹1.47 lakh
5 kW	₹2.50 lakh – ₹3.80 lakh	₹78,000	₹1.72 lakh – ₹3.02 lakh
10 kW	₹4.80 lakh – ₹5.50 lakh	₹78,000	₹4.02 lakh – ₹4.72 lakh

Note: The indicative cost with subsidy is calculated by deducting the applicable PM Surya Ghar subsidy from the indicative installation cost. The subsidy is available only for eligible residential on-grid rooftop solar systems installed in accordance with the scheme guidelines.

*Disclaimer (Updated: July 2026): The above figures are indicative estimates based on industry benchmarks and applicable government subsidy slabs. Actual project costs may vary depending on system design, equipment selection, site conditions, and the final technical assessment.

How to Get a Solar Loan in Mumbai - Step by Step

Getting a rooftop solar loan in Mumbai is simple with the right financing partner. Aerem makes the entire process smoother, from application and approval to installation and repayment. As one of the best solar loan companies in Mumbai, Aerem helps customers access flexible financing options, simplified approvals, and complete support throughout their solar investment journey.

Step 2

Get Approved

Step 3

Get Matched with a Verified EPC

Step 4

Monitor & Repay

Step 1

Apply

The process begins with submitting your basic details and required documents. After verification and approval, Aerem connects you with a verified and one of the best solar EPC companies in Mumbai for customised system design and professional installation. Once your solar system becomes operational, you can monitor its performance while managing repayments through convenient instalments.

What Documents Are Required for a Solar Loan?

The documents required for solar financing depend on whether the application is for a residential or commercial project.

For Individual Applicants

Identity and Address Proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving Licence.
Electricity and Property Documents: Latest electricity bill for the installation site and property ownership documents such as a sale deed, property tax receipt, or other ownership proof, where applicable.
Income Proof:
- For salaried applicants: Last 3 salary slips or latest Form 16/ITR.
- For self-employed applicants: Latest Income Tax Returns (ITRs) and audited financial statements, where applicable.
Last 6 months' bank statements.
Solar system quotation or proforma invoice.
DISCOM feasibility approval or net-metering approval, where applicable.
Site photographs of the installation area for technical assessment and feasibility evaluation.
Applicants living in housing societies or rented properties must provide additional approvals, such as a society NOC or owner consent, wherever required for rooftop solar installation.

Note: For PM Surya Ghar residential loans up to ₹2 lakh, participating lenders may offer simplified documentation requirements. Applicants should check the latest lender guidelines before applying.

For Business Applicants

PAN Card of the Business
GST Registration Certificate
Certificate of Incorporation, Partnership Deed, or LLP Agreement, as applicable.
KYC documents of authorised signatories, directors, or partners.
Recent electricity bill for the project site.
Audited financial statements, Profit & Loss statements, and Income Tax Returns (ITRs), where applicable.
Last 6–12 months' bank statements of the primary business account.
Business address proof.
Property ownership or lease documents for the installation site, where applicable.
Detailed solar project quotation or proforma invoice from the EPC/vendor.
Technical proposal and system design details for project evaluation.
DISCOM feasibility approval or net-metering approval for grid-connected solar installation.
Site photographs for technical evaluation.

Submitting complete documentation helps lenders verify the application and process the loan more efficiently.

Why Choose Aerem as Your Solar Partner in Mumbai?

Recognised as the best solar company in Mumbai, Aerem is your one-stop platform for rooftop solar, bringing together the right financing, quality equipment, expert design, reliable procurement, professional installation, and long-term monitoring. With end-to-end project support, businesses can adopt rooftop solar through a single trusted partner without managing multiple service providers.

Verified EPC Network (AAA Quality Assurance)

Aerem works with a verified EPC network to ensure every project follows strict quality standards. From engineering and installation to commissioning, trained partners help deliver reliable solar solutions with consistent performance.

Quality Equipment Through Aerem Procurement

Aerem manages the procurement of high-quality solar equipment through its integrated procurement ecosystem, including its in-house platform, SunStore, and other trusted manufacturing partners. This ensures customers receive reliable components that deliver long-term performance, efficiency, and value.

Aeram Monitoring

AeROC is Aerem's dedicated solar monitoring platform that enables customers to monitor system performance, track energy generation, identify potential issues, and optimise operations through real-time insights. Continuous monitoring helps maximise system efficiency throughout its lifecycle.

Financing Backed by Axis Bank, HSBC, DBS & Bank of Baroda

Aerem's financing partnerships with trusted institutions such as Axis Bank, HSBC, DBS, and Bank of Baroda make solar adoption easier for businesses. Flexible financing options help reduce upfront costs and support a smoother transition to clean energy.

The concept is simple: solar should be easy, not complicated, not overwhelming.

How Do You Maintain a Solar System in Mumbai After Installation?

A rooftop solar system can deliver reliable performance for over 25 years with proper care and regular maintenance. Follow these simple maintenance tips to maximise energy generation, improve system efficiency, and extend the lifespan of your solar investment:

Clean the solar panels regularly to remove dust, leaves, bird droppings, and other debris that can reduce sunlight absorption.
Inspect the system periodically, including the panels, inverter, wiring, and mounting structure, to identify any signs of wear or damage.
Keep the panels free from shade by trimming nearby trees and removing objects that may block sunlight.
Monitor energy generation regularly to detect unexpected performance drops and resolve issues at an early stage.
Schedule preventive maintenance with qualified professionals or your chosen solar panel company in Mumbai to keep the system operating safely and efficiently.

AeROC, Aerem's dedicated solar monitoring platform, provides real-time performance insights, while AAA Quality Assurance and Aerem's verified EPC partners help maintain high installation standards and support reliable long-term system performance.

Real Customer Stories

Homeowners and businesses across Maharashtra are already seeing tangible benefits from solar financing in Maharashtra, including availing a solar loan in Maharashtra to go solar without upfront burden.

Our biggest concern was capital allocation. With structured financing, we were able to install solar without disrupting operations.

Residential User

Mumbai

Switching to solar through Aerem helped us reduce our electricity bills significantly within the first few months. The process was straightforward, and the financing made it possible without a large upfront investment.

Residential User

Pune

Ready to Power Your Home with Solar?

If you have been thinking about going solar, now is the time to finally act.
With flexible solar loans in Delhi and structured solar financing in Delhi, moving to solar no longer needs to feel like a financial burden.

Get a Quote

What customers say

Customer testimonials

Aerem truly stands by its promise as our 'Solar Saathi.' Their leads, quick solar financing, design and procurement support and essential training has been a game-changer for us.

Mr. Darshan Shah

SunBuy

We are happy with our association with Aerem. Their entire scope of offerings like, financing for our customers, procurement credit and technical assistance has helped us take on more projects and grow our business.

Mr. Krishna

Dynamic Solar Solutions Pvt. Ltd.

Aerem's easy solar financing and design support provides us with strategic depth. They almost act like an indispensable extension of our team.

Mr. Ashok Rajkumar

Balaji Renewables

We acknowledge the impact Aerem brings to our business. We are doing new installation with leads, procurement support and supply chain financing from Aerem.

Mr. Arjun Paul

Concept Solar

Aerem’s solar financing and procurement support, has created an evolving partnership that goes beyond the conventional.

Mr. Ajay Mundada

Niva Ecotech

The Aerem team understands our business needs thoroughly and is very supportive with their procurement support and supply chain financing.

Mr. Sundar Iyer

SKS Cleantech

FAQ

Frequently Asked Questions About Solar in Mumbai

1. What is the solar panel price in Mumbai with and without subsidy?

The cost of solar panel installation in Mumbai typically starts from around ₹45,000 for 1 kW before subsidy. Eligible homeowners can reduce the overall cost through the PM Surya Ghar Muft Bijli Yojana, which offers subsidies of up to ₹78,000 for qualifying on-grid systems.

3. What documents are required for solar financing?

To apply for solar financing, lenders generally require documents that help verify your identity, income, and property details. Common documents include identity proof, address proof, PAN card, Aadhaar card, recent electricity bills, bank statements, income documents, business registration details (for commercial projects), and property ownership documents.
Keeping these documents ready can help simplify the approval process and ensure faster processing for your solar financing application. Choosing the right solar financing company in Mumbai can also help you understand the documentation process and select a suitable repayment option.

5. What is the PM Surya Ghar subsidy amount in Mumbai?

Eligible residential consumers in Mumbai can receive financial support under the PM Surya Ghar Muft Bijli Yojana to reduce the cost of rooftop solar installation. The subsidy amount is ₹30,000 for a 1 kW system, ₹60,000 for a 2-kW system, and up to ₹78,000 for systems of 3 kW and above. The final subsidy benefit depends on system eligibility, approved installation guidelines, and successful verification through the official process.

2. How do I get a solar loan in Mumbai?

You can apply for a rooftop solar loan in Mumbai by submitting your application and the required documents through Aerem's digital financing platform. Once your eligibility is verified, Aerem helps you access financing, connects you with verified EPC partners, and supports you throughout the installation process. Start your financing journey with Aerem by visiting the Rooftop Solar Financing page or speaking with an Aerem expert for a customised solution.

4. Does Aerem install solar panels, or connect me with an installer?

Aerem works with a verified network of EPC partners to deliver reliable rooftop solar solutions while managing the complete project journey. Instead of only connecting customers with installers, Aerem supports every stage, including solar financing, system design, equipment procurement through SunStore, installation coordination, and quality checks through AAA Quality Assurance.
With AeROC, Aerem also enables lifetime solar monitoring through a single platform, helping customers track system performance and manage their solar assets efficiently.

6. How long does solar loan approval take?

Solar loan approval timelines depend on the lender, applicant profile, loan amount, and completion of document verification. Once all required documents are submitted, the review process can begin. Choosing the best solar financing solutions in Mumbai can simplify the application journey by providing better guidance, transparent processes, and suitable repayment options.

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