Apply for Bank of Maharashtra PM Surya Ghar Yojana Loan 2025
The Bank of Maharashtra provides loans for Pradhan Mantri Surya Ghar: Muft Bijli Yojana To the house owner: Install solar panels on the rooftop. The Mahabank Rooftop Solar Panel Loan scheme is available for every house owner with 0 processing fees and an easy application process.
The Bank of Maharashtra also provides the subsidy from 30000 to 78000 according to the application as per the guideline of the government. Any house owner who wants to install solar panels on the rooftop can easily apply for the Solar loan at Bank of Maharashtra online without visiting anywhere.
Necessary documents for Bank of Maharashtra Surya loan
- Aadhaar Card
- PAN Card
- Property Ownership Proof
- Bank Statement (last 6 months)
- Latest Electricity bill
- Roof Ownership Certificate
- Details of the application forwarded through the national portal.
- Feasibility Approval from Discom.
- A copy of agreement between applicant and vendor
- Proforma Invoice/Quotation for equipment, installation, etc.
- Commissioning certificate of the net meter (after installation).
Apply Loan Bank of Maharashtra for PM Surya Ghar Yojana
The Bank of Maharashtra is taking loan applications for PM Surya Ghar Yojana online. Using the online portal, the homeowner applies for this loan from their house. Let's know the complete process of the loan application:
Step 1: Visit the official Bank of Maharashtra loan portal for PM Surya Ghar Yojana: https://bankofmaharashtra.in/mahabank-rooftop-solar-panel-loan
Step 2: On the page, you can read the complete guideline of the loan application; at the bottom, you can see an option link for the loan application. Click on "Apply digitally for a loan up to 2 lakhs": https://mahadigitalloans.bankofmaharashtra.in/surya/#/home you can directly click this link and be redirected to the loan application page.
Step 3: Now the loan application page will be open on the screen. on the screen. If you are before applying for this loan, you can track your application, or you can resume your application where you left it.
you can also check the EMI of your loan to calculate your EMI Click on the "EMI Calculator" that gives you the EMI details with your monthly EMI, total interest, and total payable amount.
To start a new application, click on the "Apply for Loan" button.
Step 4: Now the loan application started From here, now enter your mobile number and other information that is required for the application, and click on the "Send OTP" button.
Step 5: After entering and verifying your OTP, now you can see the full application form will be open on the screen. Now fill out the form one by one, every single detail, with the correct document. After entering all details and uploading your document, click on the submit application.
Now that your application is successfully submitted, you will receive your application details along with the application number. Using this detail, you can take the application detail online.
Eligibility for Bank of Maharashtra PM Surya Ghar Yojana loan
The Bank of Maharashtra set some eligibility criteria for the customers who are applying for the PM solar panel Yojana. Here is the list of eligibility criteria that they start a new application with.
- All Individual Applicants
- Applicant having CIBIL Score of 680 & above (NTC also eligible)
- Have rooftop rights on which the installation is proposed.
- Have sufficient roof area as mandated by MNRE from time to time.
- Latest Electricity Bill.
- A savings account with us must be opened before availing of the loan
If there was any other requirement then the bank officer will be tell you you have to arrange and submit those to the bank.