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    <title>Over 5 Lakh Loan Applications amounting to Rs.10,907 crore Sanctioned by PSBs under PM Surya Ghar Muft Bijli Yojana</title>
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    <description>Public Sector Banks have sanctioned a large volume of retail loans under the PM Surya Ghar Muft Bijli Yojana to finance rooftop solar installations through the JanSamarth Portal integrated with the national PM Surya Ghar portal. The financing model emphasises collateral-free loans, competitive interest rates, extended tenors linked to electricity cost savings, a moratorium period, lower borrower margins and digital sanctioning based on self-declaration, while administrative coordination with relevant ministries and banking committees supports implementation and outreach.</description>
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