Pune: Fibe, India’s leading digital lending platform, has announced the launch of its rooftop solar financing solution, aimed at making clean energy adoption more accessible to middle-income households. Maharashtra Government has been actively promoting rooftop solar adoption, with Pune emerging as one the frontrunners with a significant 130 MW capacity.
Pune holds significant untapped potential for residential solar rooftop adoption. With the growing urban population and increasing awareness among people regarding environmental-friendly solutions, the city is geared for rapid solar adoption. Fibe has partnered with Freyr Energy and Solar Square to further expand its presence and offer easily accessible financing solutions in Pune as well as Maharashtra. The company currently has partnerships with more than 100 solar installation EPC companies across the country, and remains focused on deepening distribution through partnerships with solar manufacturers and service providers.
Fibe’s initiative supports the Government’s Pradhan Mantri Surya Ghar: Muft Bijli Yojana and reflects the company’s ongoing commitment to improve credit access for underserved segments. As one of the first prominent digital lenders empanelled on the Jan Samarth Portal, Fibe is uniquely positioned to bridge the affordability gap in the rooftop solar ecosystem.
While most financing solutions in the sector focus on large-scale or commercial installations, Fibe’s product is tailored for middle-income households and the residential segment. Customers can now access collateral-free loans of up to ₹5 lakh, with 100% of the project cost covered—including both panel and installation expenses. The offering features a fully digital application journey, ensuring quick access to credit in less than 15 minutes and without paperwork. There are no foreclosure or hidden charges, offering complete transparency and flexibility to borrowers.
The financing is open to salaried individuals aged 19–60 and self-employed individuals aged 23–65. Notably, even if the loan applicant is not the property owner, blood relatives can apply for the loan, provided they meet the eligibility criteria—broadening access to those living in shared or family-owned properties.
“Upfront affordability has remained one of the biggest hurdles for rooftop solar adoption, especially among middle-income households in smaller cities. With this solution, we are unlocking access to clean energy for those who need it most. Our offering supports the government’s mission to power 1 crore homes with solar, and we are proud to play our part in enabling a more inclusive and sustainable future for Bharat.” Said Akshay Mehrotra, Co-founder & Group CEO, Fibe.
Fibe’s solution is a step toward inclusive energy financing—designed to support India’s transition to a greener future, while ensuring that households across Bharat are not left behind.
