Are you ready to apply for a solar rooftop loan or finance an EV fleet? You’ve probably done the math, calculated your energy savings, and checked for subsidy eligibility. However, you also need to verify your or your company’s identity through digital KYC to obtain the necessary approvals.
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With 63+ million enterprises in India’s MSME space, they contribute almost 30% of the country's GDP and employ 240+ million people. Despite this scale, credit access remains confusing because of modern loan myths.
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The rooftop solar industry in India has powered through its days of being a fringe experiment. Rooftop installations are now projected to hit 30 GW by fiscal 2027. Much of this momentum comes from households and MSMEs who’ve made solar their energy preference. Another reason is that it brings a financial hedge against increasing tariffs and unreliable grids.
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If you’ve applied for green finance with Ecofy or already have an ongoing loan, you might have heard of Ecofy’s customer portal. If not, here’s a complete guide to accessing your existing loan application, making payments, creating service requests, and tracking your cleared and incoming instalments.
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Environmentally conscious and curious Indian citizens have been empowered by a massive rollout of green finance options. Whether green loans for EV rickshaws and 3-wheelers or eco finance for MSMEs needing solar setups, the industry is making good money. However, loan defaulters and others with repayment stress are sinking into doubt about their decisions.
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Are you thinking to move to solar and reduce your electricity bills for the long haul? The India Government’s PM Surya Ghar: Muft Bijli Yojana has made this possible. The Scheme is pushing India towards a major energy shift and it also offers a direct government subsidy of up to ₹78,000 for residential rooftop solar systems.
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The digital lending boom in Asia, and particularly in India, makes loans highly accessible. Borrowers who apply for green finance, like rooftop solar loans, EV rickshaw loans, and MSME sustainability loans, are benefiting through long-term monetary and environmental returns. But this convenience has also created fertile ground for loan fraud.
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For as long as three-wheelers have existed, the market has been dominated by men. There’s been little to no existence of women driving or owning these vehicles. But as we move toward liberal views and the voice of gender equality becomes more prominent, women on all fronts have stepped in and now participate at higher rates.
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If you’re taking a normal or green loan in India, figuring out how interest rates are calculated is a must. Whether you’re applying for an electric vehicle loan, a solar panel loan, or an MSME business loan, the interest rates printed on the brochure never clearly explain what and how you’ll be paying. What actually matters is how the interest rate is calculated.
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