Documents Required for Solar Loan: Complete Checklist

You need 6 categories of documents for a solar loan: identity proof (Aadhaar/PAN), address proof, income proof (salary slips or ITR), bank statements (3–6 months), electricity bill, and the solar installer's quotation. Most documents are standard KYC that you likely already have. Your installer typically helps compile and submit the application.

Accepted identity documents (any one):

• Aadhaar Card (most commonly requested)
• PAN Card (mandatory for loans above ₹50,000)
• Passport
• Voter ID / Driving Licence

Address proof (any one):

• Aadhaar Card (if address is current)
• Passport
• Utility bill (electricity/gas) within 3 months
• Property tax receipt

Tip: Aadhaar + PAN covers both identity and address requirements at most banks. Keep self-attested photocopies ready — most banks need 2 sets.

Salaried employees:

• Salary slips for the last 3 months
• Form 16 (last 2 years) OR ITR (last 2 years)
• Employment certificate or company ID card
• Bank statement showing salary credits (3 months)

Self-employed / Business owners:

• ITR for the last 2–3 years
• Computation of income signed by CA
• Business registration certificate / Udyam registration
• GST registration certificate (if applicable)
• Bank statements showing business income (6–12 months)

Pensioners:

• Pension payment order
• Bank statement showing pension credits (3 months)
• Latest Form 16 or pension certificate

Since the solar system is installed on your roof, banks verify property ownership:

• Property ownership proof — Sale deed, property tax receipt, or society allotment letter
• Latest electricity bill — Must be in the applicant's name or immediate family member. The consumer number links your PM Surya Ghar application.
• Property NOC — Required only if the property is not in the applicant's name (e.g., parent's property or rented house)
• Housing society resolution — Required for apartment installations where panels go on shared rooftop

→ Learn about roof assessment for solar

Banks verify the installer and system specifications before disbursement:

• Detailed quotation — Must include: panel brand/model/wattage, inverter brand/model, mounting type, total kW capacity, itemised pricing, GST details, warranty terms, and installation timeline
• Installer MNRE empanelment certificate — Required for PM Surya Ghar subsidy eligibility. Banks prefer empanelled vendors as it de-risks the loan.
• Installer GST registration — Some banks verify the installer is a registered business entity
• Proforma invoice — Formal invoice for the bank to process disbursement directly to the installer

When you get quotes through Solar Vipani, all verified installers provide bank-ready quotations with the required details.

SBI Surya Shakti: Requires filled SBI solar loan application form (available at branches and online). Existing SBI customers can apply through YONO app with pre-filled details.

HDFC: Requires signed HDFC loan application form plus net banking or mobile banking registration for EMI auto-debit.

Canara Bank: Government employees need departmental NOC for salary deduction mandate.

NBFCs (Bajaj Finserv, Tata Capital): Usually require fewer documents — Aadhaar, PAN, bank statements, and installer quotation may suffice. Verification is largely digital.

• Prepare everything before visiting the bank — Missing even one document means a return trip and delayed processing.
• Self-attest all photocopies — Sign and date each copy with 'self-attested for solar loan application'.
• Get the quotation first — The installer's detailed quotation is the most critical document. Without it, the bank cannot process your application.
• Apply online if available — SBI (YONO), HDFC, and most NBFCs accept online applications with document uploads. Processing is 2–3 days faster.
• Let your installer help — Experienced installers have processed hundreds of solar loans. They know exactly what each bank needs and often liaise directly with the branch.

The first step to a solar loan is a detailed quotation from a verified installer. This document is required by every bank and forms the basis of your loan application.

Get free solar quotes from verified installers →