1/2 of Discom
tariff
Rs.3000*
Monthly savings
Benefits of Ecofy
EMIs < Electricity bill
Monthly savings ensured through flexible product structure
Instant decision
Instant decision and disbursal in 24 hours on a digital process
Collateral free
No collateral other than installed system
Overview
Loans
EMIs customised to be less than your present monthly electricity bill that will ensure savings per month.
AMC
Our partnership backed AMC ensures uptime > 99%.
Insurance
Get your asset insured against natural calamities and host of other causes as per your choice.
Green Credits
Monetise your green credits on Ecofy’s green marketplace.
Retail
The solar power is yours! With Ecofy’s green finance, you can power your home and your business with interest rates starting as low as 7.99%*.
Quality assurance
We are partners with the best-in-class system aggregators. So, when we say nothing but the finest, we mean it.
Digital
We never keep our customers waiting. Our end-to-end digital process will ensure smooth and lightning fast disbursal.
Green impact
Save more than just money. The CO2 emissions that you save can help you earn tradable carbon credits!
*T&C apply
Get a solar rooftop loan In just 3 steps
EMI calculator
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solar panel
Select loan amount
Select interest rate
Select tenure
Total Users
Principal amount
Interest
Total amount payable
you provide. We do not guarantee their accuracy, or applicability to your circumstances.
FAQs
If your Bureau Score is more than 650, then a thousand times yes!
Here’s a list of the basics:
- ITR for three years OR 6 Months Bank Statements of all Banks
- Aadhar and PAN for KYC
- Residence ownership document
- Proforma Invoice OR Quotation
- 6 months’ electricity bills
If your loan amount is up to Rs. 25 lakh, you can get solar financing for no collateral!
We do charge a small processing fee for a solar loan which could range from 2% to 2.5%.
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.
The easiest way to find out how much you pay for electricity (and how much electricity you use per month) is to take a look at your electricity bill.
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.
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.
Unless your solar energy system includes battery storage and you are fully off the grid, you will still receive a bill. However, you can dramatically reduce your bill, or even cut the amount to INR 0, with a solar panel system that matches your energy use.
Solar panel systems are solid and long lasting as they are made of durable tempered glass. They require little to no maintenance for the 25 to 35 years that they will generate power. In most cases, you don’t even need to clean your solar panels regularly. If something does happen, most equipment manufacturers include warranties depending on the company.
Secured solar loans require that you promise an asset, usually your home, as collateral for the money that you borrow where as in unsecured solar loan your home is not taken as collateral.
There are a few important pointers that you should keep in mind when choosing a solar installer. Confirm that they are certified, licensed and insured, have relevant experience, and can provide references.
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