Flexible Solar Financing

Central government subsidy of up to ₹78,000 for residential rooftop solar, filed end-to-end by Fender.

• 1 kW: ₹30,000
• 2 kW: ₹60,000
• 3 kW+: ₹78,000 (max)
• Direct bank transfer post-commissioning

Partnerships with leading public and private sector banks for residential solar loans up to 10 years.

• Tenure: 3–10 years
• Interest: 8.5–10.5% p.a.
• Up to 90% financing
• No collateral up to ₹10L

State-level net-metering and group-net-metering policies aligned with MNRE guidelines.

• Net-metering enabled in 28+ states
• Banking of excess units (state-specific)
• Income tax depreciation (commercial)
• GST on Equipment: 8.9%

Most homes recover the investment in 3.5–5 years with 20+ years of free electricity thereafter.

• Avg payback: 4.1 years
• Lifetime savings: 6–10x investment
• Hedge against tariff hikes
• Per-unit cost: ~₹2.50 LCOE