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IND KISAN SAUR SHAKTHI — KUSUM Component A

Term finance for 500 kW–2 MW decentralised grid-connected renewable power plants on eligible land backed by a DISCOM power-purchase agreement.

Interest rateRefer current Indian Bank Lending Rates; no product-specific percentage is printed on the page.Maximum amountUp to 70% of project cost, capped at ₹10 crore.TenureMaximum 15 years including moratorium.
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Quick eligibility check

IND KISAN SAUR SHAKTHI — KUSUM Component A

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: a viable 500 kW–2 MW project and DISCOM PPA are required?

Published source: Minimum income

2Do you meet this requirement: Farmers, groups, cooperatives, panchayats, FPOs and WUAs developing a 500 kW–2 MW renewable plant on eligible land with a DISCOM PPA?

Published source: Eligibility

3Do you meet this requirement: RPGs through developers/DISCOMs may also qualify?

Published source: Eligibility

4Do you meet this requirement: DISCOM PPA, project/capacity report, land and plant records, financials, mortgage/escrow, guarantees and CGTMSE records?

Published source: Required documents

5Do you meet this requirement: Eligible projects are 500 kW to 2 MW ground/stilt-mounted grid-connected solar or other renewable plants on barren, uncultivable, pasture or marsh land with a DISCOM PPA?

6Document checkDo you have this required document or proof: DISCOM PPA and project approvals?

Published source: Required documents

7Document checkDo you have this required document or proof: Project-cost and capacity report?

Published source: Required documents

8Document checkDo you have this required document or proof: Land/building and plant/machinery records?

Published source: Required documents

9Document checkDo you have this required document or proof: Promoter/entity KYC and financials?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeTerm loan for a renewable power generation plant.View source
The official table lists term loan.
Source
KUSUM Component A
Page / section
Type Of Facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateRefer current Indian Bank Lending Rates; no product-specific percentage is printed on the page.View source
The official rate row refers customers to the Lending Rates link.
Source
KUSUM A rate review
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNo product-specific benchmark is printed.View source
The page provides a rate link without a formula.
Source
KUSUM Component A benchmark review
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published.View source
No appears in the criteria.
Source
KUSUM Component A review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; a viable 500 kW–2 MW project and DISCOM PPA are required.View source
The official objective specifies project capacity and a firm PPA instead of income.
Source
KUSUM Component A eligibility review
Page / section
Objective; Target Group
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to 70% of project cost, capped at ₹10 crore.View source
The official quantum row publishes 70% and ₹10 crore cap.
Source
KUSUM Component A quantum
Page / section
Quantum of Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum 15 years including moratorium.View source
The official repayment row publishes 15 years including moratorium.
Source
KUSUM Component A repayment
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeUp to ₹25,000: nil; above ₹25,000: 0.50% of sanctioned limit plus applicable GST.View source
The official table publishes both fee bands.
Source
KUSUM Component A fee
Page / section
Processing Charge
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate charge is published.View source
No foreclosure charge is stated.
Source
KUSUM Component A prepayment review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityFarmers, groups, cooperatives, panchayats, FPOs and WUAs developing a 500 kW–2 MW renewable plant on eligible land with a DISCOM PPA; RPGs through developers/DISCOMs may also qualify.View source
The official target group and objective define entities, capacity and PPA.
Source
KUSUM Component A eligibility
Page / section
Target Group; Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsDISCOM PPA, project/capacity report, land and plant records, financials, mortgage/escrow, guarantees and CGTMSE records.View source
The official security and objective rows identify the project, PPA and security evidence.
Source
KUSUM Component A documentation
Page / section
Security; Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to 70% of project cost, capped at ₹10 crore
  • Maximum 15-year repayment including moratorium
  • 30% project-cost margin
  • ₹25,000-or-less processing charge nil; above that 0.50% plus
  • PPA receivables escrow and coverage up to ₹2 crore

Eligibility

  • Eligible projects are 500 kW to 2 MW ground/stilt-mounted grid-connected solar or other renewable plants on barren, uncultivable, pasture or marsh land with a DISCOM PPA.
  • No subsidy/grant is available under Component A.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • DISCOM PPA and project approvals
  • Project-cost and capacity report
  • Land/building and plant/machinery records
  • Promoter/entity and financials
  • Receivables escrow, mortgage, guarantee and records

Related official documents

Interest Rates for Agri Products and Interest Rate Range — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗
IND KISAN SAUR SHAKTHI — PM KUSUM Component A — Indian Bankofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Project · Published detail500 kW–2 MW decentralised grid-connected renewable plant on eligible land with DISCOM PPA.

This value is copied from KUSUM Component A — published terms. Check the table notes before relying on it.

Source: KUSUM Component A · Complete product criteria Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 8 rows · 2 columnsPM KUSUM Component A — published termsCurrent Indian Bank Component A renewable-power project terms.View tableHide table

Scroll sideways to view every column

PM KUSUM Component A — published terms
ParameterPublished detail
Project500 kW–2 MW decentralised grid-connected renewable plant on eligible land with DISCOM PPA.
QuantumMaximum 70% ; ₹10 crore cap.
Margin30% project cost.
RepaymentUp to 15 years including moratorium.
ProcessingUp to ₹25,000 nil; above 0.50% + .
SecurityLand/building mortgage, machinery and receivables hypothecation, PPA assignment, guarantees; up to ₹2 crore.
SubsidyNone under Component A.
RateRefer Lending Rates; no product percentage printed.
KUSUM Component A · Complete product criteria · accessed 31 Aug 2026Open official source ↗

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