Switch to solar energy effortlessly with Capri Loan’s Solar Finance solutions. Our product is designed to empower households, businesses, and factory units with affordable financing for solar panel installations. By making the switch to renewable energy, you can significantly reduce your electricity bills—up to 100%! With quick approvals, competitive interest rates, and a seamless online loan process, we ensure that your journey to solar power is smooth and efficient. Be part of the green revolution, save on energy costs, and contribute to a sustainable future with Capri Solar Finance.
Rooftop Solar Finance is a product under the MSME Loans.
Key Features
Loan Amounts
Financing options from ₹50,000 to ₹25 Lakhs, catering to a wide range of customer needs.
Fast Approvals
Get loan approved under 3 minutes, with disbursal in just 4-6 hours upon document completion.
Competitive Interest Rates
Benefit from lower interest rates compared to traditional MSME loans, aligning with our green initiative.
Comprehensive Coverage
Up to 80% Finance on solar modules, inverters, batteries, cables, and installation costs.
Digital Convenience
An online process combining digital efficiency with personalized support from relationship managers.
Government Subsidies*
Easily avail state and central subsidies, like PM Surya Ghar Yojana, to lower your investment costs.
Eco-friendly Savings
Save on electricity bills while contributing to the environment and enjoying a high return on investment.
Value added Support
Assistance from Trusted Partners, dealers and relationship managers throughout your loan journey, with feedback through the CapriGrahak app.
* CGCL is not responsible for receipt of Govt subsidy & Vendor will assist the subsidy process
ELIGIBILITY CRITERIA, FEES & CHARGES
Features
Residential
CNI (Commercial & Industrial)
Loan Amount
Min-50k Max 15 Lacs
Min1 Lac Max 25 Lacs
Project Size
Min 2KW & Max 20 KW
Min 2 KW & Max 60 KW
Tenure
Min - 1 year Max 5 years
Min - 1 year Max 5 years
Borrower Type
Both Salaried & SEP/SENP
Only SEP/SENP
Age Norms
Min 21 years
Max 60 years or retirement whichever is less
Min 21 years
Max 60 years
MITC
Select
Language
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Frequently Asked
Questions (FAQS)
Questions (FAQS)
What is Capri Solar Finance?
Capri Solar Finance is our retail loan product offered for installation of Grid connected Roof Top Solar system to individuals having existing independent houses and commercial Units.
What is the objective of offering Capri Solar Finance?
The Govt of India is promoting grid connected roof top solar system in all consumer segments as it has committed in increasing the share of installed capacity of electric power from non-fossil-fuel sources to 40% by 2030 as part of Intended Nationally Determined Contribution (INDCs). Capri Solar Finance will facilitate our customers to install rooftop solar system and contribute to the effort of Govt of India to ensure achieving the set target.
What is Minimum and Maximum Loan amount for Capri Solar Finance?
Minimum Loan Amount Rs.50,000 and Maximum is Rs.25 Lakhs.
What is the loan Tenure for Capri Solar Finance?
The maximum loan tenure is for 5 years.
Do I need to provide any additional Collateral/Security for Capri Solar Finance?
The primary security is hypothecation of roof top solar panel installed at rooftop of house/commercial unit. There is no other collateral/Security required for Capri Solar Finance.
What are the financial benefits of solar energy?
With electricity prices shooting up, a solar energy system will help you save money and protect you from rising electricity rates in the future. How much you can save depends on the utility rates and solar policies in your area, but going solar is always a smart investment regardless of where you live.
What are the environmental benefits of solar energy?
More solar power = fewer toxic gas emissions = better health! Like other renewable energy resources, going solar reduces greenhouse gas emissions, which contribute to climate change, and also results in fewer air pollutants like Sulphur dioxide and particulate matter.
Do my solar panels produce power when the sun isn’t shining?
The amount of power your solar energy system can generate depends on how much sunlight they receive. They will produce slightly less energy when the weather is cloudy, and no energy at night. However, because of high electricity costs and financial incentives, solar is a smart decision even if you live in a cloudy city.