Central scheme
PM-KUSUM B and C (solar pumps)
Ministry of New and Renewable Energy, with state agencies and banksAll India
The Centre and state pay 60% of a solar pump. You pay 10%, and a bank loan can cover the other 30%.
What it is
Part B gives standalone solar pumps up to 7.5 HP. Part C makes your existing grid pump or feeder solar.
Cost split: Centre 30%, state 30%, farmer 10%, bank loan up to 30%. In the North East, hill states and islands: Centre 50%, state 30%, farmer 10%, bank 10%.
The scheme ran to 31 Mar 2026. A PM-KUSUM 2.0 is being prepared, and whether your state still takes new B and C forms varies.
All IndiaCoverageState PM-KUSUM portal, then a bankApply at12.2%Rate
Eligibility at a glance
Farmers who own the land where the pump goes
Your state must be taking applications
Apply at: State PM-KUSUM portal, then a bank
Key facts
- Amount: SBI: ₹25,000 to ₹10 lakh
- Repayment: Up to 120 months including moratorium
- Security: Bank norms; you pay 10%
!Information only, not financial or legal advice. Final terms are set by the lender. AgriFolk does not collect any fee.