Solar Panel Financing in Mumbai

Mumbai, like the rest of India, is facing a rising demand for energy due to its growing population. Traditional fossil fuels are not only costly but also unsustainable in the long run. Solar energy is becoming a preferred solution, offering clean, renewable power that helps reduce pollution and dependency on fossil fuels.

With global warming being a critical concern, the renewable energy sector is rapidly expanding. Since 2014, the Indian government has pushed for more renewable energy production. Solar energy, in particular, is gaining popularity among both individuals and businesses, thanks to its cost-saving benefits and lower carbon footprint. Solar panel financing in Mumbai is making it easier for more people to adopt this eco-friendly solar technology.

Key Features of Solar Panel Financing

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The Funding Amount Starts at Rs 1 Crores

interest rate

Attractive interest rates

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Simple process and less paperwork

Execution

End-to-end Execution

flexible repayment

Flexible payment options

Funding for Solar Panels

As the solar industry continues to grow rapidly, there is a significant need for funding in Mumbai’s retail and corporate sectors. On the retail side, individual homeowners and housing societies are increasingly looking to switch to solar energy. However, the high upfront cost of installing solar panels often requires financing options to make the transition feasible.

For corporates, the funding needs are even larger. Different industries are involved in various aspects of solar power – from manufacturing and trading solar panels to installation and direct usage of solar energy. Each of these sectors demands significant capex. Hence, Terkar Capital specializes in arranging suitable financing for solar panels in Mumbai, offering tailored debt instruments to meet the capital-intensive nature of the corporate sector.

Advantages of Solar Power/Energy

  • Solar remains the natural, constant and free source of energy. 
  • It is the most cost-effective medium to justify the growing energy demand across India.
  • One-time investment with long-term benefits (20-25-30 years).
  • Low maintenance infrastructure with minimal wear and tear.
  • Solar power helps nature by not creating waste like fossil fuels.

Book a call to discuss solar panel funding!!

Solar Panel Funding Documents

The length of the solar panel funding process is determined by the availability of documentation. Here’s the list:

Owner KYC Documents

  1. Adhar Card (complete page)
  2. Pan Card
  3. Latest Electricity Bill
  4. Current Rent Agreement
  5. Passport Size Photo

Business KYC Documents

  1. GST Certificate
  2. MOA, AOA, Pan Card
  3. Shop Act / Trade License
  4. Certificate of incorporation
  5. Shareholding Pattern
  6. Partnership Deed
  7. Current electricity bill and
  8. Rent Agreement

Banking Documents

  1. All account Bank statements (For the last 12 months)
  2. All current loan sanction letters

Financial Documents

  1. Last 2 years' complete Financials
  2. GST Returns (for last 12 months)

Solar Panel Financing with Terkar Capital, Mumbai

At Terkar Capital, we understand that solar power has multiple financing options, but choosing the right one is key. Each type of loan is unique, and it’s important to pick the right one to cater for your needs. 

We specialize in solar panel financing in Mumbai and work closely with businesses in the solar industry. By analyzing your company’s strengths and weaknesses, we help you find the best financing option. Our goal is to ensure that you, the borrower, benefit the most from the funding process. Terkar Capital is here to support your solar energy goals with the right financial solutions.

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Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Operational Presence

Delhi | Bengaluru | Chennai | Kolkata | Ahmedabad | Surat

Growing Nationwide…

Terkar Capital

In Association with:

MSME Global Mart | MCCIA

© Terkar Capital 2025

CIN – U70200PN2023PTC224016

All formal communication from Terkar Capital will be conducted exclusively through our designated official emails. Do not respond to fraudulent calls or emails claiming to be from Terkar Capital. Contact us using the official coordinates!!

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