New Delhi: Public sector banks (PSBs) have sanctioned over 5.79 lakh loan applications, amounting to Rs 10,907 crore (as of September 2025), under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY), thus augmenting the financial support to the beneficiaries in installing rooftop solar systems, it was announced on Tuesday.
The scheme has achieved a significant milestone in empowering households with clean and affordable solar energy.
The implementation of the PMSGMBY is actively supported by streamlining the credit delivery process, facilitating collateral-free affordable loans at lower interest rates and simplified financing through PSBs.
“The loans are processed through the JanSamarth Portal, integrated with the National Portal for PM Surya Ghar Muft Bijli Yojana (pmsuryaghar.gov.in), ensur