The scheme provides a CFA(Central Financial Assistance) of 60 per cent of system cost for 2 kW systems and 40 per cent of additional system cost for systems between 2 to 3 kW capacity. The CFA is capped at 3 kW. At current benchmark prices, this will mean Rs 30,000 subsidy for 1 kW system, Rs 60,000 for 2 kW systems and Rs 78,000 for 3 kW systems or higher.Households will be able to access collateral-free low-interest loan products of around 7 per cent at present for installation of residential RTS systems up to 3 kW.Applicants can also apply for a loan to avail the benefits of the scheme, here are some key details related to the SBI loan for PM Surya Ghar Muft Bijli Yojana
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SBI loan for PM Surya Ghar Muft Bijli Yojana: Apply online, registration and eligibility – Details
