Yes Bank

Yes Bank Loan

Luminous has partnered with YES Bank, a leader in the climate finance space in the country, to make your solar journey simple. With these easy loan terms, you can now get a Solar Power Generation System at your home conveniently.

Explore the multiple financing options available to make solar quick and affordable for you!

For Salaried Individuals:

For Salaried Individuals
  • Upto Rs. 25 Lacs
  • Upto 5 Years
  • Unsecured
  • 12.49%
  • 1%
  • 12 to 60 Months
Documents Required
  • One Passport Size Photograph
  • Pan card copy
  • Address proof for Current Residence
  • Aadhar card
  • Latest 3 Months Salary Slip
  • Salary Account Bank Statement- 6 months
  • Office- ID Card [if available]
  • 6 cheque of Salary A/c [This is required for Disbursement Process]

For Self Employed Individuals:

For Self Employed Individuals
  • Upto Rs. 50 Lacs
  • Upto 3 Years
  • Unsecured
  • 16%
  • 1%
  • 12 to 36 Months
Documents Required
      Company Documents
    • PAN Card Copy
    • Last 3 years audited financials
    • Latest ITR along with computation of Balance Sheet, income & Profit & Loss a/c for the last 2 years
    • Current Residence Address Proof & Ownership proof (Resi or Off)
    • Business Continuity Proof
    • 6 Months Current A/c Banking
      Individual Documents
    • PAN Card Copy of Co-applicant Director
    • Aadhar Card Copy of Co-applicant Director
    • 1 Photo (each) of Co-applicant Director
    • Proof of Residence of Co-applicant Director

Go Solar with Easy EMIs

As India’s e-commerce industry experienced an unprecedented boom in the last decade, today, everything is readily available on the web. All you need to do is add the items to your cart, pay, and wait while they get delivered to your doorstep. However, it is not only the availability of goods and services that has drastically expanded but also a consumer’s purchasing power – all thanks to Easy Monthly Installments, popularly referred to as EMIs.

Better yet, you can buy anything on an EMI, including clothes, appliances, electronics, cars, and even a house. But what you may not know is that you can also purchase solar power systems by paying monthly EMIs as most solar solution providers and companies today offer several solar loan and solar finance options.

Buying A Solar Power System on EMIs: Is It a Viable Choice?

Although it is quite easy to get a loan for solar power plants today, it isn’t uncommon to evaluate if doing so is viable. However, there are several benefits of opting for solar loans, such as:

# Since buying a solar panel system is a considerable investment, opting for EMIs increases affordability as you can choose a payment plan that will not burn a hole through your pocket.

# Solar finance options are available from reliable, trusted, and leading banks and NBFCs.

# In addition to several payment plans, a loan for solar systems comes at attractive rates, offers, and terms, thereby increasing flexibility.

# You can also go for no-cost EMIs, meaning you won’t have to pay any interest on the monthly installments, which is an excellent added advantage.

# Most solar finance companies in India provide extended loan repay tenures, making it easier for you to cover the EMIs and giving you ample time to recover the investment.

# Since Solar is a revenue generating asset and pays back the investment in a few years’ time, it is prudent to choose financing for a solar plant if you are short of funds, since the additional money out-go can be easily recovered in only a few additional months of solar power generation .

Why You Should Choose Luminous as Your Solar Finance Partner

At Luminous, we offer assistance on a wide range of solar finance and solar loan options, helping you get one step closer to making the switch to solar. Here’s why you should choose Luminous partners as your solar finance partner:

Top Solar Financing Banks and NBFCs

If you are planning to buy a solar power system on EMIs, finding the right solar finance bank or NBFC is crucial. Luminous has partnered with some of the best solar finance providers in the country, such as Metafin Cleantech, IDBI Bank and YES Bank. While all companies offer different types of procedures and plans, you can avail of some great benefits like no-cost EMIs, collateral-free loans, extended loan tenure of up to 7 years, and much more.

Easy Approvals

Getting approvals on solar loans is not only a lengthy process but also a daunting one. However, by choosing Luminous’ solar finance partners, you won’t have to worry about approvals as we try to make the process as quick and hassle-free as possible. Even better, if you opt for one of our solar solution packages, our team of experts will take care of everything, starting with the application process and submitting documents.

Attractive Rates and Terms

The most important part of applying for a loan for solar rooftop systems is attractive rates and terms. By choosing Luminous’ partners, you can get access to some of the best solar finance options available in the Indian market. Better yet, our solar finance partners offer many stand-out features such as no-cost EMIs, interest subvention schemes and extended loan repayment durations that make the process much simpler for consumers.


Luminous understands the importance and need of switching to solar energy, which is why we offer several solar finance and solar loan options to our customers. We want your journey towards solar to be a great one and one that isn’t too heavy on your pocket. So, if budget constraints are stopping you from shifting to clean and renewable energy, you need not worry anymore as Luminous’ is here to help!

Get in touch with a solar expert or book a free online consultation with us if you don’t know where to get started. You can also explore our website and go through the different financing options we offer. So, what are you waiting for? Choose solar EMIs with Luminous’ partners and switch to solar today!

Reach us at:
999 02 999 02