sunny PM Surya Ghar: Muft Bijli Yojana
AK Smart Solar
HOME ABOUT PRODUCTS PROJECTS BLOG CONTACT GET QUOTE
Government of India & TANGEDCO Approved

PM Surya Ghar Subsidy & Solar Loan Assistance in Chennai

Transition to clean solar energy with up to ₹78,000 direct government subsidy and collateral-free low-interest bank loans. We handle the entire documentation, approval, and installation process for you.

PM Surya Ghar: Muft Bijli Yojana Subsidy Structure

Under the Government of India's flagship rooftop solar initiative, residential homeowners in Chennai and Tamil Nadu receive direct financial subsidies credited directly into their bank accounts.

solar_power
1 kW Rooftop System

₹30,000 Subsidy

Ideal for small residential homes with 100-150 units of monthly electricity consumption. Generates 4-5 units daily and cuts electric bills substantially.

✓ Direct Benefit Transfer (DBT)
✓ Up to 150 Units Free Monthly
Most Popular
energy_savings_leaf
2 kW Rooftop System

₹60,000 Subsidy

Recommended for 2-3 BHK homes consuming 200-300 units per month. Generates 8-10 units of clean electricity per day with quick investment payback.

✓ 100% Zero Electricity Bill Potential
✓ Fast Track TANGEDCO Net Metering
account_balance
3 kW to 10 kW System

₹78,000 Subsidy

Maximum government central subsidy cap. Ideal for independent houses and villas using air conditioners, water pumps, and electric vehicles.

✓ Maximum Central Financial Support
✓ Maximum Lifetime Savings (25+ Years)

Collateral-Free Green Solar Loans

Install your rooftop solar plant with zero upfront burden. We have direct tie-ups with leading nationalized banks offering specialized low-interest rooftop solar financing.

percent

Concessional Rates

Enjoy subsidized interest rates starting around 7% p.a., significantly lower than standard personal loans.

shield

Zero Collateral

No property mortgage or asset pledge needed for residential solar rooftop installations up to ₹2-3 Lakhs.

calendar_month

Flexible Tenure

Choose comfortable repayment periods up to 7 to 10 years. In most cases, your monthly solar savings exceed the EMI!

speed

Quick Sanction

Minimal documentation and rapid sanction through the PM Surya Ghar National Portal and partner bank portals.

Partner Banks Offering Concessional Solar Loans
State Bank of India (SBI) Canara Bank Punjab National Bank Bank of Baroda Union Bank of India HDFC Bank

How We Assist You Step-by-Step

From initial site inspection to final subsidy disbursal into your bank account, AK Smart Solar manages the entire workflow.

1

Free Site Survey

We evaluate your rooftop area, orientation, shadow conditions, and monthly TANGEDCO power consumption.

2

Portal Registration

Our team submits your consumer number and property details on the PM Surya Ghar National Portal.

3

Loan Sanction

If bank financing is chosen, we assist with documentation for fast approval and collateral-free loan sanction.

4

Certified EPC Installation

We install MNRE-approved Tier-1 DCR solar panels, intelligent inverters, and heavy-duty galvanized mounting structures.

5

Subsidy Credited

TANGEDCO inspects and installs the bidirectional net meter. Subsidy is directly transferred into your bank account.

Documents Required for Subsidy & Loan

Have these simple documents ready to initiate your PM Surya Ghar application immediately.

badge

Aadhaar Card

Identity proof of the electricity service connection owner.

receipt_long

Latest TANGEDCO Bill

Recent electricity bill displaying consumer service number and tariff.

account_balance_wallet

Bank Account Passbook

Cancelled cheque or passbook copy for Direct Benefit Transfer (DBT).

home

Property Tax Receipt

Latest property tax receipt or building ownership document.

contact_phone

Aadhaar-Linked Mobile

Active mobile phone number for OTP verification on the National Portal.

photo_camera

Passport Size Photo

Applicant's recent passport photograph for documentation.

Frequently Asked Questions About Solar Subsidy & Loans

Who is eligible to claim the PM Surya Ghar subsidy?

expand_more

Any individual homeowner in India who has a residential electricity connection in their own name and suitable roof space can apply for the PM Surya Ghar subsidy. Group Housing Societies (GHS) and Residential Welfare Associations (RWA) are also eligible for common facility rooftop solar.

How long does it take for the subsidy amount to be credited?

expand_more

Once installation is completed and TANGEDCO inspects and commissions the bidirectional net meter, our team uploads the commissioning certificate on the portal. The subsidy amount is typically transferred directly via DBT into your Aadhaar-linked bank account within 30 to 45 days.

Can I get a loan without offering my house as collateral?

expand_more

Yes! Under the PM Surya Ghar scheme, leading public sector banks (like SBI, Canara Bank, and PNB) provide collateral-free loans up to ₹2,00,000 for rooftop systems up to 3 kW at attractive interest rates. The rooftop solar plant itself acts as the hypothecated asset.

Does AK Smart Solar assist with the entire approval process?

expand_more

Absolutely. As an experienced Solar EPC provider in Chennai with over 30 years of engineering excellence, AK Smart Solar assists with portal registration, document verification, bank loan coordination, certified installation, TANGEDCO net metering approval, and subsidy tracking until money is credited.

Start Your PM Surya Ghar Application Today

Get a customized solar proposal, verified subsidy calculation, and instant loan guidance for your Chennai home.

call