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Punjab National Bank

PM KUSUM(Pradhan Mantri urja Suraksha evam Utthaan Mahabhiyan) Scheme-Solar Energy

Sarkari Yojana

Sarkari AlarmUpdates First

PM KUSUM(Pradhan Mantri urja Suraksha evam Utthaan Mahabhiyan) Scheme-Solar Energy

Post Date: 07 August 2026|Last Updated: 28 August 2026|By Sarkari Alarm Editorial Team|Sarkari Yojana

Name Of Post :PM KUSUM(Pradhan Mantri urja Suraksha evam Utthaan Mahabhiyan) Scheme-Solar Energy
Organization :Punjab National Bank (PNB)
Post Date / Update :07 August 2026| Update: 28 August 2026
Post Type :Sarkari Yojana
Total Post :N/A
Notification Status :Sarkari Yojana
Official Website :www.pnbindia.in
Short Information :Punjab National Bank provides funding for the PM KUSUM Scheme under multiple components for solar power plants and pumps. Read the official notification for complete details.
📦 Old recruitment: This page is a record of a past recruitment — it is not a page for a new vacancy. To see what has come out today, open the homepage or Sarkari Yojana.

The PM KUSUM Scheme was launched in 2019 to help farmers adopt solar energy through various components including setting up solar power plants and solar pumps. Punjab National Bank offers financial assistance under this initiative.

Eligible individuals and farmers can claim benefits by submitting the required documentation and fulfilling scheme norms. Check the tables below for complete loan quanta, interest rates, and guidelines.

📅 Important Dates

Scheme Launch Year2019
Loan Application StatusOngoing at PNB Branches

📋 Vacancy Details

Post NameTotal PostsEligibility
PM KUSUM Component A (Solar Power Plant)Need BasedGround/Stilt Mounted Grid Connected Solar Power Plants up to ₹10 Crore Loan
PM KUSUM Component B (Stand-alone Solar Pump)Need BasedInstallation of Stand-alone Solar Agriculture Pumps
PM KUSUM Component C (Individual Pump Solarisation)Need BasedSolarisation of existing agriculture pumps
PM KUSUM Component C2 (Feeder Level Solarization)Need BasedFeeder level solarization projects

✅ Selection Process

  1. Loan Application Submission
  2. Document Verification
  3. Collateral and Land Verification
  4. Loan Sanction and Disbursement

📊 Benefits Table

Benefit TypeAmount/SubsidyWho GetsDocuments
Component AMaximum 10 CroreEligible Farmers / DevelopersApplication Form, Letter of Award, Power Purchase Agreement
Component BNeed BasedFarmersSimplified Application cum Sanction, Hypothecation Agreement
Component C (IPS)Need BasedFarmersSimplified Application cum Sanction, Hypothecation Agreement
Component C2 (FLS)Need BasedEligible ApplicantsApplication Form, Letter of Award, Power Purchase Agreement

📊 Eligibility Criteria

CategoryIncome LimitAgeState/District
Small and Marginal Farmers--All States / Districts
Other Farmers--All States / Districts

📊 How to check beneficiary status

StepAction
1Visit the official bank branch or portal.
2Provide your application reference number.
3Check the loan sanction status with the bank officer.

📄 Documents Required

  • Application Form / Agricultural Credit Application
  • Letter of Award from State Nodal Agency
  • Power Purchase Agreement (PPA)
  • Status Cum Networth Report
  • Authority Letter for Insurance
  • Hypothecation Agreement
  • Term Loan Agreement & Agreement of Guarantee
  • Land Revenue Records (Charge/Mortgage on Agricultural Land)
  • Sanction Letter & Facility Agreement for Term Loan

📝 How To Apply / Register for This Scheme

  1. Visit the nearest Punjab National Bank branch or official portal.
  2. Review the specific component requirements under the PM KUSUM Scheme.
  3. Fill out the application form with accurate details.
  4. Attach the required documents such as land papers and identity proofs.
  5. Submit the application form and complete verification processes.

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❓ PM KUSUM(Pradhan Mantri urja Suraksha evam Utthaan Mahabhiya — Important Questions

1. What is the loan quantum for Component A?

The maximum loan quantum for Component A is up to 10 Crore.

2. What is the term period for Component B loans?

The term period for Component B loans is 10 years.

3. Is collateral required for Component A?

No collateral is required in the form of IP for Component A.

4. What documents are needed for loans up to 2 Lakhs under Component B?

You need a simplified application cum sanction and a hypothecation agreement.

5. What is the interest rate structure for the scheme?

Interest rates are spread over MCLR based on IRR ratings, starting from MCLR for A1 to A3 ratings.

6. Which organization provides these loans?

Punjab National Bank provides these loans under the PM KUSUM Scheme.

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