PM KUSUM Yojana 2026 (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan) is India’s flagship solar pump subsidy scheme, run by the Ministry of New and Renewable Energy (MNRE) with a total approved budget of Rs.34,422 crore. Under Component B, a farmer pays only 10% of the benchmark cost to install a solar irrigation pump — the government covers 60% as a direct subsidy and a bank covers the remaining 30% as a soft loan. This guide covers the full 30-30-30-10 subsidy breakdown, HP-wise EMI calculator, eligibility rules, step-by-step application process, and the latest October 2026 scheme status — all verified against official MNRE sources.
PM KUSUM Yojana 2026 (MNRE) gives Indian farmers 60% subsidy on solar pumps — 30% Central + 30% State — plus a 30% bank loan, so the farmer pays only 10% of the benchmark cost. For a 5 HP pump costing approx. Rs.2.5 lakh, your net share is just Rs.25,000. Apply at pmkusum.mnre.gov.in via your State Nodal Agency portal.
- Scheme: PM-KUSUM — Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan
- Ministry: Ministry of New and Renewable Energy (MNRE), Govt. of India
- Launched: 8 March 2019
- Total Budget: Rs.34,422 crore
- Central CFA (general states): 30% of benchmark cost
- Central CFA (NE, hilly & island states): 50% of benchmark cost
- State Subsidy: Minimum 30% of benchmark cost (varies by state)
- Bank Loan: 30% of benchmark cost
- Farmer Contribution: 10% of benchmark cost (general states)
- Component B Max Pump Capacity: Up to 7.5 HP
- National Target: 35 lakh pumps (Components A + B + C combined)
- Official Portal: pmkusum.mnre.gov.in
- Helpline: 1800-180-3333 (toll-free)
📋 Table of Contents
- What Is PM KUSUM Yojana 2026 and How Does It Work?
- PM KUSUM 2026 – Subsidy Breakdown & Cost Calculation
- PM KUSUM 2026 – EMI Calculator (Bank Loan Component)
- Eligibility Criteria for PM KUSUM Yojana 2026
- How to Apply Online for PM KUSUM Yojana 2026
- PM KUSUM 2026 – Current Status & State Portal Links
- Important Links
- Frequently Asked Questions About PM KUSUM Yojana 2026
What Is PM KUSUM Yojana 2026 and How Does It Work?
PM KUSUM Yojana 2026 is a central government scheme that subsidises solar pumps and decentralised solar power plants for Indian farmers. It has three distinct components, each targeting a different irrigation or energy need. The scheme collectively targets 35 lakh solar pumps and 10,000 MW of solar capacity across all states and Union Territories.
| Component | What It Covers | Capacity | National Target |
|---|---|---|---|
| A | Decentralised solar power plants on barren/fallow land — farmer or developer leases land; power sold to DISCOM under a PPA | 500 kW – 2 MW per plant | 10,000 MW |
| B | Standalone off-grid solar pumps — new installation for farmers with no grid connection | Up to 7.5 HP | 20 lakh pumps |
| C | Solarisation of existing grid-connected agriculture pumps (individual or feeder-level) | Up to 7.5 HP equiv. | 15 lakh pumps |
Component B is what most individual farmers apply for: install a new off-grid solar pump, pay only 10% upfront, and eliminate diesel irrigation costs for the next 25 years. The 60% Central + State subsidy goes directly to the empanelled solar vendor — you service only the 30% bank loan as monthly EMI.
PM KUSUM Yojana 2026 – Subsidy Breakdown & Cost Calculation
Under the 30-30-30-10 funding model, the total benchmark cost of a solar pump is divided into four parts. The table below shows indicative HP-wise costs for general states. Actual benchmark costs are set by MNRE annually and vary by state — always verify the exact figure on your State Nodal Agency portal before applying.
| Pump Capacity | Approx. Total Cost | Central Subsidy (30%) | State Subsidy (30%) | Bank Loan (30%) | Farmer Pays (10%) |
|---|---|---|---|---|---|
| 2 HP | Rs.1,20,000 | Rs.36,000 | Rs.36,000 | Rs.36,000 | Rs.12,000 |
| 3 HP | Rs.1,80,000 | Rs.54,000 | Rs.54,000 | Rs.54,000 | Rs.18,000 |
| 5 HP | Rs.2,50,000 | Rs.75,000 | Rs.75,000 | Rs.75,000 | Rs.25,000 |
| 7.5 HP | Rs.3,50,000 | Rs.1,05,000 | Rs.1,05,000 | Rs.1,05,000 | Rs.35,000 |
Note: Costs are indicative national benchmark figures, not MNRE-published rates. Farmers in NE, hilly, and island states receive 50% Central CFA instead of 30%, further reducing their share. Check your state nodal agency portal for verified benchmark costs.
PM KUSUM Yojana 2026 – EMI Calculator (Bank Loan Component)
The 30% bank loan under PM KUSUM Yojana 2026 is repaid over 5–10 years at 7%–9% per annum, depending on the bank and state. Use this reference table to estimate your monthly repayment before you apply.
| Pump (HP) | Bank Loan Amount | Loan Tenor | Interest Rate | Monthly EMI (Approx.) |
|---|---|---|---|---|
| 2 HP | Rs.36,000 | 5 Years | 7% | Rs.713/month |
| 3 HP | Rs.54,000 | 7 Years | 7.5% | Rs.843/month |
| 5 HP | Rs.75,000 | 7 Years | 8% | Rs.1,148/month |
| 7.5 HP | Rs.1,05,000 | 10 Years | 9% | Rs.1,330/month |
EMI Formula: EMI = [P × r × (1+r)^n] / [(1+r)^n – 1], where P = loan principal, r = monthly interest rate (annual rate ÷ 12), n = total months. Banks participating in PM KUSUM include SBI, PNB, Union Bank of India, Bank of Baroda, and Regional Rural Banks (RRBs) and Cooperative Banks. The 60% subsidy is credited directly to the vendor — you repay only the 30% loan component as EMI.
Eligibility Criteria for PM KUSUM Yojana 2026
Any Indian farmer with valid agricultural land records can apply for PM KUSUM Yojana 2026 Component B. Key eligibility conditions as per official MNRE guidelines:
- Valid agricultural land records — Khasra / Khatauni / Jamabandi / Patta (as applicable in your state)
- Operational bank account linked to Aadhaar (mandatory for DBT subsidy transfer)
- No existing electric pump connection at the same agricultural plot (Component B is for off-grid farmers)
- Farmer Groups, FPOs, Cooperatives, Gram Panchayats, and Water User Associations (WUAs) are also eligible under Components A and C
- For Component A, a signed PPA (Power Purchase Agreement) with the local DISCOM is mandatory
| Category | Application Fee |
|---|---|
| All farmer categories — General / OBC / SC / ST (Component B) | Rs.0 — No application fee |
| Component A developer / producer | As per State Nodal Agency (nominal processing fee may apply) |
How to Apply Online for PM KUSUM Yojana 2026
Applications are processed through State Nodal Agencies (SNAs) — not directly on the national MNRE portal. The national portal at pmkusum.mnre.gov.in lists all state agencies and their portals. Follow these 7 steps:
- Find your state portal — Visit pmkusum.mnre.gov.in → click “State Nodal Agencies” to find the correct SNA portal for your state (UP: upneda.org.in · Rajasthan: rreclmis.energy.rajasthan.gov.in · MP: cmsolarpump.mp.gov.in · Bihar: breda.bih.nic.in · Haryana: hareda.gov.in).
- Register online — Fill in your name, Aadhaar number, mobile number, land survey number, village, district, and bank account details on the state portal.
- Upload documents — Aadhaar card, land records (Khasra/Khatauni), bank passbook front page (showing IFSC and account number), and passport-size photograph. Keep each file under 1 MB (PDF or JPEG format).
- Note your Application ID — You will receive an SMS confirmation. Track your application status on the state portal using this ID.
- Apply for the 30% bank loan — Once the SNA approves your application, visit your nearest empanelled bank branch (SBI / PNB / Union Bank / RRB) with your SNA approval letter to get the loan sanctioned.
- Deposit your 10% contribution — Pay the farmer’s share to the State Nodal Agency or empanelled vendor as per your state’s specific guidelines.
- Pump installation & verification — The empanelled solar vendor installs and geo-tags the pump. After official inspection, the 60% subsidy is credited to the vendor and your EMI schedule begins.
PM KUSUM Yojana 2026 – Current Status & State Portal Links
The Component B standalone pump commissioning deadline was 30 September 2026. The Union Budget 2026-27 allocates Rs.5,000 crore for KUSUM (per IBEF). A PM-KUSUM 2.0 has been reported in media, but no official MNRE notification has been released as of October 2026. Check pmkusum.mnre.gov.in and your state SNA portal for the current application window before applying.
| State | Nodal Agency | Portal |
|---|---|---|
| Rajasthan | RREC | rreclmis.energy.rajasthan.gov.in |
| Uttar Pradesh | UPNEDA | upneda.org.in |
| Madhya Pradesh | MPUVN / CREDA | cmsolarpump.mp.gov.in |
| Maharashtra | MSEDCL / MAHAURJA | mahaurja.com |
| Bihar | BREDA | breda.bih.nic.in |
| Haryana | HAREDA | hareda.gov.in |
| Gujarat | GEDA / UGVCL | geda.gujarat.gov.in |
| All States | MNRE National Portal | mnre.gov.in/pm-kusum |
Important Links
Frequently Asked Questions About PM KUSUM Yojana 2026
What is PM KUSUM Yojana 2026, and how much subsidy does an Indian farmer receive on a new solar pump under the MNRE scheme?
How much does a farmer actually pay for a solar pump under PM KUSUM Yojana 2026 Component B after subsidy and bank loan?
Who is eligible to apply for PM KUSUM Yojana 2026, and do North-Eastern state farmers get a higher central subsidy rate?
How do I calculate the bank loan EMI for a solar pump under PM KUSUM Yojana 2026, and what is the applicable interest rate?
What is the current scheme status and application deadline for PM KUSUM Yojana 2026 Component B standalone solar pumps?
Last Updated: October 2026. This page is reviewed and updated when official MNRE data changes. Always verify the current application status and scheme deadline at pmkusum.mnre.gov.in before applying.
Disclaimer: This post is for informational purposes only. Subsidy figures, benchmark costs, and scheme deadlines are sourced from MNRE official documents and may be revised. Always verify on the official portal (pmkusum.mnre.gov.in) or your State Nodal Agency before taking any financial decision.
