Good News For Jamshedpur

Prime Minister Muft Bijli Ghar Yojana

The "PM Surya Ghar Muft Bijli Yojana" is a program started by the Indian government in its 2024-25 budget. It aims to install rooftop solar plants with a budget of more than 75,000 crore rupees. The goal is to give solar power to around 1 crore homes and provide them with 300 units of free electricity each month.

Get 300 units of free electricity
Get upto 1,08,000 Rs Subsidy *
Increase Property Value
Earn from Solar Energy
Eco-Friendly & Sustainable

Get Free Electricity

PM Surya Ghar Muft Bijli Yojana - Benefits

Up to 90% financing
Loan At 7% Interest Rates.
No Foreclosure Charges
Installation Process In 5-7 Days.
Get loan Approval In 24 Hours.
Easy Enrollment Process.
Upto Rs - 78,000 Subsidy.
Floating & Fixed Rate of Interest option available
No income document is required for Loan limit up to Rs.2.00 Lacs.
Subsidy up to Rs.78,000 is available as per the Ministry of Renewal and New Energy, Govt. of India guidelines

PM Surya Ghar Muft Bijli Yojana - Eligibility Criteria

KYC documents of applicant/co-applicants
Latest Electricity Bill
Digital approval Letter issued through JanSamarth portal

Income Related Document:

For Loan Limit up to Rs.2.00 Lacs, no income document is required
For Loan limit more than Rs.2.00 Lacs & up to Rs.6.00 Lacs following documents are required:

Salary slip for last 3 months and form number 16/ITR ( in case of salaried individuals)
ITR for last two years (in case of Non-salaried Individuals)
Latest income certificate from the local competent revenue authority (for agriculturist)
Bank Account statement in which salary/business proceeds credited (six months)
Any other document deemed required on case to case basis

PM Surya Ghar Muft Bijli Yojana - Most Important Terms and Conditions (MITC)

Applicant / co-applicant/s (whose income are considered for eligibility) should be employed / engaged in business / profession for a minimum period of -1- year for salaried and/or -2- years (for non-salaried). This condition is not applicable for Loan limit up to Rs.2.00 Lacs.
In case of Agriculturists who are predominantly dependent on agriculture and not required to file income tax returns, the latest income certificate from the local competent revenue authority is required. This condition is not applicable for Loan limit up to Rs.2.00 Lacs.
The scheme would remain limited to household rooftop projects only. Any industrial, commercial and other consumers or government and semi government organizations will not be eligible for the loan scheme.
Quotation for Solar system is to be purchased should be issued by DISCOM empanelled vendors only.

PM Surya Ghar Muft Bijli Yojana - Features

Loan Limit up to Rs 2.00 Lacs

Loan Limit above Rs. 2.00 Lacs & upto Rs. 6.00 Lacs

7% p.a. at present

As per baroda Home Loan scheme (Presently starting from 9.15% p.a. linked to CIBIL score)

Resident Individuals (singly or jointly) Salaried or having Income from Business / Profession/Agriculture are eligible for "PM SURYAGHAR YOJANA- Standalone”.
Minimum age:21 years
Maximum age:
- Upto Retirement age (for Salaried individuals) and 65 years (for Non Individuals).
- If maximum age criteria is not met, then co-applicant (close relative) may be added.
Maximum Tenure: 120 Months.
Attractive Rate of interest:

PM Surya Ghar Muft Bijli Yojana - Eligibility Criteria

Eligibility Criteria

Resident Individuals (singly or jointly) Salaried or having Income from Business / Profession/Agriculture
The Resident Individuals should have Residential property in his/her name or Terrace right in his/her name if residing in flat.

Installation of Grid connected RTS (Roof Top Solar) for residential purpose only up to capacity 10 KW

Purpose:

Maximum Limit: Rs.6.00 Lacs

Limit:

Minimum: -21- Years

Age:

Maximum :

For Salaried Person: Up to retirement age of the Borrower (including repayment period)
For Non-Salaried -65- Years (Including repayment period)
If age criteria is not met, then co-applicant (close relative) may be added.

For loan limit upto Rs. 2.00 lacs: 10% of the Project Cost
For loan limit above Rs. 2.00 Lacs & upto Rs. 6.00 Lacs: 20% of the Project Cost

Margin:

Why Choose M3 Solar in Jamshedpur?

Not sure why to pick M3 Solar? We’re all about being the best solar panel installation company! We use best solar panels and make sure everything works well for a long time. Our team makes the process easy, handling it all so you don’t have to stress. We keep prices fair and help you whenever you need us, right here in Jamshedpur. Whether it’s for your house or business, M3 Solar gives you a simple way to save money with solar power. Pick us and start using clean energy—contact us today!

Top Solar Panel Company in Jamshedpur

Trusted by thousands of homeowners and businesses.

Affordable Solar Panel Installation

Get the best solar panel cost with easy financing.

Expert Solar Installers Near You

Professional and reliable solar panel installers in Jamshedpur.

High-Quality Solar Solutions

We offer solar panels for home, commercial, and industrial use.

Government Subsidies & Bank Support

Special schemes available through Bank of Baroda for easy solar financing.

Get Loan Approval Within 24 Hours

Get hassle-free loan approval in 24 hours with interest rates starting from just 7%.

Power Your Home & Business with Solar Energy in Jamshedpur

Looking for solar panels in Jamshedpur? M3 Solar Pvt Ltd is here to help you switch to clean, green, and affordable energy! We have partnered with Bank of Baroda to make solar panel installation in Jamshedpur easier and more accessible with hassle-free financing options.

The solar panel system cost depends on your energy needs, roof space, and panel type. At M3 Solar Pvt Ltd, we provide a customized solar installation cost breakdown to help you find the best solution.

How Much Does Solar Cost in Jamshedpur?

Find the Best Solar Companies Near You in Jamshedpur

Searching for solar companies near me? Look no further! M3 Solar Pvt Ltd is one of the top solar companies in Jamshedpur, offering end-to-end services, including installation, maintenance, and financing.

Switch to Solar Today!

Make the smart move and invest in solar energy companies that care about your savings and the environment. Contact M3 Solar Pvt Ltd today for the best solar panels for home use in Jamshedpur!

Get a Free Quote Today!

Solar Panel Solutions For Jamshedpur

➤ Residential Solar Panel: Power your home with solar panels for your home and save on electricity bills.

➤ Commercial Solar Solution: Lower your operational costs with solar power for businesses.

➤ Industrial Solar System: Get high-capacity solar panel installation for factories & industries.

➤ Solar Panel Installation Cost Consultation: Get the best solar installation cost in Jamshedpur with a free quote.

Free Electricity*

Visit Us At Jamshedpur Branch

Location

AIWC SCHOOL, SHAIL BHAWAN, STRAIGHT MILE ROAD, VIDYAPATI NAGAR, OPPSITE, Baridih, Jamshedpur, Jharkhand 831017

Hours

Mon- Sat - 10 AM: 7 PM

Sun : Closed

Phone

+91 94038 91401

Prime Minister Muft Bijli Ghar Yojana

PM Surya Ghar Muft Bijli Yojana - Benefits

PM Surya Ghar Muft Bijli Yojana - Eligibility Criteria

Income Related Document:

For Loan Limit up to Rs.2.00 Lacs, no income document is required
For Loan limit more than Rs.2.00 Lacs & up to Rs.6.00 Lacs following documents are required:

Salary slip for last 3 months and form number 16/ITR ( in case of salaried individuals)

ITR for last two years (in case of Non-salaried Individuals)

Latest income certificate from the local competent revenue authority (for agriculturist)

Bank Account statement in which salary/business proceeds credited (six months)

Any other document deemed required on case to case basis

PM Surya Ghar Muft Bijli Yojana - Eligibility Criteria

Loan limit up Rs.2.00 Lacs :

Loan limit more than 2.00 Lacs & up to Rs.6.00 Lacs:

PM Surya Ghar Muft Bijli Yojana - Most Important Terms and Conditions (MITC)

PM Surya Ghar Muft Bijli Yojana - Features

Loan Limit up to Rs 2.00 Lacs

Loan Limit above Rs. 2.00 Lacs & upto Rs. 6.00 Lacs

PM Surya Ghar Muft Bijli Yojana - Eligibility Criteria

Why Choose M3 Solar in Jamshedpur?

Top Solar Panel Company in Jamshedpur

Affordable Solar Panel Installation

Expert Solar Installers Near You

High-Quality Solar Solutions

Government Subsidies & Bank Support

Get Loan Approval Within 24 Hours

Power Your Home & Business with Solar Energy in Jamshedpur

How Much Does Solar Cost in Jamshedpur?

Find the Best Solar Companies Near You in Jamshedpur

Switch to Solar Today!

Solar Panel Solutions For Jamshedpur

Register Now & Get Free Electricity*

Visit Us At Jamshedpur Branch

Location

Hours

GET IN TOUCH

MENU

Quick Links

OPENING HOURS