Accretive Cleantech Finance Private Limited is now Ecofy Finance Private Limited

Benefits of Ecofy

Rooftop Solar Loan

EMIs < Electricity bill

Monthly savings ensured through flexible product structure

Rooftop Solar Loan

Instant decision

Get approval in 180 seconds with rates starting from 7.99%

Rooftop Solar Loan

Collateral free

No collateral other than installed system

*T&C apply

Overview

Three reasons to solarise your roof: create a green impact, reduce your carbon footprint and while you’re at it, save a bunch of money!
Rooftop Solar Loan
Rooftop Solar Loan

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.

    Get a solar rooftop loan In just 3 steps

    1
    Apply for loan
    2
    Fill in your details and await for a call from us
    3
    Get a confirmation
    Rooftop Solar Loan
    Rooftop Solar Loan
    Rooftop Solar Loan
    Rooftop Solar Loan

    EMI calculator

    • Rooftop Solar Loan Rooftop Solar Loan solar panel

    Select loan amount

    2,50,000
    2,50,000 25,00,000

    Select interest rate

    12
    12% 24%

    Select tenure

    24 months
    24 30 36 42 48
    Monthly EMI 4,840 view details

    Total Users

    50,000

    Principal amount

    3,029

    Interest

    53,029

    Total amount payable

    These calculators are provided only as general self-help Planning Tools. Results depend on many factors, including the assumptions
    you provide. We do not guarantee their accuracy, or applicability to your circumstances.

    FAQs

    Am I eligible for solar rooftop financing?

    If your Bureau Score is more than 650, then a thousand times yes!

    What documents do I need to submit for a solar loan?

    Here’s a list of the basics:

    • Aadhar & PAN for KYC
    • Latest Electricity Bill
    • 6 months bank statement or Latest ITR
    Do I need to provide security against my rooftop solar loan?

    No, it is an unsecured loan, no collateral is required

    What about processing fees for the loan?

    We do charge a small processing fee for a solar loan which could range from 0% to 2%.

    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.

    Will I still receive an electricity bill if I have solar panels?

    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.

    How much will solar panel maintenance cost?

    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. If something does happen, most equipment manufacturers include warranties depending on the company.

    How do I choose a solar installer?

    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.

    How do I check the size of plant suitable for my house?

    Suitable size of Solar plant can be derived by calculating the ratio between average monthly power consumption and the average monthly solar power generation in India (approximately 115 kWh)

    Can I get solar loan to install Solar plant in my office premise?

    Yes, Ecofy also offers Rooftop Solar loan for Commercial and Industrial customers

    How to apply for subsidy?

    You can apply for subsidy against your rooftop solar plant by visiting official website of PM Surya Ghar Muft Bijli Yojana and following the detailed steps listed.

    Is subsidy applicable if I install solar with solar loan?

    Yes, you will be eligible for subsidy under PM Surya Ghar Muft Bijli Yojana even if you install solar plant with help of a loan

    How to cancel or modify a NACH/ECS mandate

    To cancel or modify your NACH/ECS mandate, please reach out to us at support@ecofy.co.in or contact our customer support team at 18602662059. Our team will assist you with the necessary steps to ensure your request is processed efficiently. Ecofy Finance Private Limited (“Ecofy”) or Ecofy’s representatives never ask the customers for OTPs, Passwords, Confidential and Private Information etc. Do not share the same, Ecofy shall not be responsible for any such breach.

    How to register for NACH/ECS

    If you wish to register for a NACH/ECS mandate, kindly email us at support@ecofy.co.in or call us at 18602662059. Our customer service team will guide you through the registration process seamlessly. Ecofy Finance Private Limited (“Ecofy”) or Ecofy’s representatives never ask the customers for OTPs, Passwords, Confidential and Private Information etc. Do not share the same, Ecofy shall not be responsible for any such breach.

    How to revoke or suspend a NACH/ECS mandate

    To revoke or suspend your NACH/ECS mandate, you can get in touch with us via email at support@ecofy.co.in or by calling our support team at 18602662059. We will assist you promptly and ensure the process is completed. Ecofy Finance Private Limited (“Ecofy”) or Ecofy’s representatives never ask the Customers for OTPs, Passwords, Confidential and Private Information etc. Do not share the same, Ecofy shall not be responsible for any such breach.

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