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Union Rooftop Solar Loan (URTS)

Retail finance for a grid-connected rooftop solar system up to 25 kW on an existing independent house, with a published 75%/₹10 lakh quantum cap, subsidy and security rules.

Interest rateURTS interest starts from 6.80% p.a., linked to EBLR, under the reviewed official FAQ.Maximum amountMaximum finance is 75% of the Ministry of New and Renewable Energy-approved project cost or ₹10 lakh, whichever is lower.TenureRepayment is up to 20 years in EMI or the Union Home Loan repayment period, whichever is earlier.
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Quick eligibility check

Union Rooftop Solar Loan (URTS)

0 of 6 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: For an individual with an existing independent house installing a grid-connected rooftop solar system up to 25 kW?

Published source: Eligibility

2Do you meet this requirement: the says the borrower should not have another bank/FI loan against the same house?

Published source: Eligibility

3Does your annual income meet this requirement: No fixed rupee net-annual-income threshold is published in the reviewed Union Rooftop Solar page or URTS ?

Published source: Minimum income

4Does your annual income meet this requirement: the page provides a Net Annual income section but no numeric amount in the reviewed content?

Published source: Minimum income

5Do you meet this requirement: Existing independent house?

6Can you provide the required document: Application, , project cost/approval documents, house/property documents and documents requested by Union Bank?

Published source: Eligibility
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byUnion Bank of India

Pan-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.

Maximum amountMaximum finance is 75% of the Ministry of New and Renewable Energy-approved project cost or ₹10 lakh, whichever is lower.View source
The states maximum quantum is 75% of MNRE-approved project cost or Rs.10 lakh, whichever is lower.
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.3 — Quantum of Loan
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateURTS interest starts from 6.80% p.a., linked to EBLR, under the reviewed official FAQ.View source
The states URTS interest starts from 6.80% p.a. linked to .
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.6 — Interest rate
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
EligibilityFor an individual with an existing independent house installing a grid-connected rooftop solar system up to 25 kW; the FAQ says the borrower should not have another bank/FI loan against the same house.View source
The product page limits the scheme to residential grid-connected rooftop systems up to 25 kW; the states the existing-house and no-other-loan condition.
Source
Union Rooftop Solar / URTS
Page / section
Purpose, eligible entities and 1.1
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
MarginBorrower margin is 5% of the project cost.View source
The states margin to be brought by the URTS borrower is 5%.
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.4 — Margin
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
SubsidyMNRE subsidy: 40% of project cost for installation up to 3 kW, and 20% for above 3 kW up to 10 kW; subsidy is provided through the State DISCOM and used toward project finance along with borrower margin.View source
The publishes 40% and 20% subsidy bands and the MNRE/State DISCOM flow.
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.5 — Subsidy
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureRepayment is up to 20 years in EMI or the Union Home Loan repayment period, whichever is earlier.View source
The states repayment period is 20 years in or the Union Home Loan period, whichever is earlier.
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.7 — Repayment period
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
MoratoriumMaximum 6 months or the time taken by the DISCOM for installation, whichever is earlier.View source
The states maximum moratorium is six months or installation time, whichever is earlier.
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.8 — Moratorium
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
SecurityPrimary security is hypothecation of the rooftop solar panel. Collateral is nil up to ₹1 lakh; above ₹1 lakh, an existing-home borrower continues the house mortgage, while a new customer provides assignment of LIC policy or lien on FD for 100% of loan amount.View source
The describes hypothecation, nil collateral up to ₹1 lakh and separate existing/new-customer security arrangements.
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.9 — Security
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNo numeric processing-charge amount is published in the reviewed Union Rooftop Solar page or URTS FAQ PDF.View source
The official page exposes a processing-charge section, but the reviewed page/ does not state a numeric amount.
Source
Union Rooftop Solar / URTS
Page / section
Processing charge tab;
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo numeric prepayment or foreclosure charge is published in the reviewed Union Rooftop Solar page or FAQ PDF.View source
The reviewed product page and publish finance, subsidy and security terms but no numeric foreclosure charge.
Source
Union Rooftop Solar / URTS
Page / section
Prepayment terms;
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkURTS is linked to EBLR; Union Bank's current benchmark page shows EBLR (Repo Rate) at 8.00% effective 13 June 2026.View source
The links URTS to and the benchmark page lists the current value.
Source
Interest Rates — Loans and Advances / URTS
Page / section
(Repo Rate); 1.6
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR figure is published; the FAQ publishes an EBLR-linked starting interest rate.View source
The URTS provides interest rate linked to rather than a separate fee-inclusive .
Source
Union Roof Top Solar (URTS) frequent-answer
Page / section
1.6 — Interest rate
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Loan typeRetail term-loan finance for a grid-connected rooftop solar system on an existing independent house; the scheme is residential and operates pan-India.View source
The official page limits the loan to grid-connected residential rooftop solar up to 25 kW; the calls it Union Roof Top Solar (URTS).
Source
Union Rooftop Solar / URTS
Page / section
Purpose; 1.1
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo fixed rupee net-annual-income threshold is published in the reviewed Union Rooftop Solar page or URTS FAQ PDF; the page provides a Net Annual income section but no numeric amount in the reviewed content.View source
The current page exposes a Net Annual income tab, but the reviewed page/ content does not publish a numeric rupee threshold.
Source
Union Rooftop Solar / URTS
Page / section
Net Annual income tab; 1.1–1.9
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Grid-connected rooftop solar up to 25 kW
  • Maximum 75% of approved project cost or ₹10 lakh, whichever is lower
  • 5% borrower margin
  • Up to 20-year repayment period

Eligibility

  • Existing independent house; applicant must not have another-bank/FI loan against the same house under the terms.

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

Documents the bank lists

  • Application, , project cost/approval documents, house/property documents and documents requested by Union Bank.

Related official documents

Union Roof Top Solar (URTS) frequent-answer PDFofficial-pdf · current · accessed 30 Aug 2026
↗
Union Rooftop Solar — official product pageofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

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.

Use the published table

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Purpose · Published detailGrid-connected rooftop solar for an existing independent house, up to 25 kW

This value is copied from Union Rooftop Solar (URTS) — published terms. Check the table notes before relying on it.

Source: Union Roof Top Solar (URTS) frequent-answer · 1.1–1.9 Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 9 rows · 2 columnsUnion Rooftop Solar (URTS) — published termsComplete key terms from the official product page and URTS FAQ PDF.View tableHide table

Scroll sideways to view every column

Union Rooftop Solar (URTS) — published terms
ParameterPublished detail
PurposeGrid-connected rooftop solar for an existing independent house, up to 25 kW
Maximum finance75% of MNRE-approved project cost or ₹10 lakh, whichever is lower
Margin5%
Subsidy40% up to 3 kW; 20% above 3 kW to 10 kW
RateStarts 6.80% p.a., linked to
TenureUp to 20 years or Union Home Loan period, whichever earlier
MoratoriumUp to 6 months or installation time, whichever earlier
SecuritySolar-panel hypothecation; nil collateral up to ₹1 lakh, other arrangements above
Processing feeNo numeric amount published
Union Roof Top Solar (URTS) frequent-answer · 1.1–1.9 · accessed 30 Aug 2026Open official source ↗

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