India's only NBFC is redefining Solar loans

Not always. Some solar loans may be available without collateral, particularly for eligible residential customers, while larger commercial or higher-value loans may require security or collateral. Requirements vary by lender, loan amount, and borrower profile.

Eligibility can depend on whether the applicant is a homeowner, business, or other organization. Lenders may consider income or business turnover, credit history, repayment capacity, property or project details, system cost, and the solar installation proposal.

Choose a solar installation company with proven experience, quality equipment, transparent pricing, strong warranties, and reliable after-sales support. Also check customer reviews, completed projects, certifications, and whether the company can assist with subsidies, net metering, and financing

Our financing options offer a repayment term of up to 5 years (60 months), subject to lender terms and customer eligibility. The applicable tenure can affect your monthly EMI and total interest payable. Customers can review available options and choose a repayment period that aligns with their financial requirements. This makes solar panel financing easier to plan.

Yes, eligible residential rooftop solar projects can receive applicable government subsidies under the PM Surya Ghar: Muft Bijli Yojana, subject to the latest scheme guidelines. The subsidy can reduce the amount that needs to be financed. Customers should check their eligibility and applicable subsidy before finalizing their rooftop solar financing requirements.

Eligibility generally depends on factors such as age, income, credit history, repayment capacity, property ownership or occupancy, and the proposed solar system cost. Banks and financial institutions may have additional requirements depending on the type of solar loan.

Common documents may include identity and address proof, income or business documents, bank statements, property-related documents, tax or financial records where applicable, and the solar EPC quotation or project proposal. The exact documentation depends on the lender and applicant type.

You can apply for a loan for solar rooftop installation through Aerem by submitting your basic details and required documents through our financing process. We assess your application based on the project and eligibility criteria and connect you with suitable financing options. Our team supports you through documentation, loan processing, and disbursal, making the rooftop solar loan application simpler.

Yes, eligible MSMEs can explore a loan for solar business requirements, including financing for rooftop solar projects installed at their business premises. The approved loan amount, interest rate, and repayment terms depend on factors like the project cost, business profile, credit assessment, and lender criteria. MSMEs comparing a solar roof loan can also evaluate available financing based on their project size, business profile, and repayment capacity.