SEEREP loan scheme

SEEREP Loan Scheme

A Government loan scheme offering affordable credit to households, with the aim of encouraging the adoption of energy efficient products and renewable energy technologies


  • Purpose restricted to purchase of certified energy efficient products or adoption of renewable energy technologies such as photovoltaic panels for generation of electricity
  • Amount: up to SCR 150,000 maximum
  • Interest rate: 5% p.a.
  • Personal contribution:
    • Where total cost is SCR 75,000 or less, no contribution
    • Where the total cost is more than SCR 75,000, minimum 2.5% of total cost
  • Processing fee: 0.25% of loan amount
  • Repayment period: 5 years maximum
  • Security:
    • Where loan amount is SCR 75,000 or less, no security required
    • Where loan amount is more than SCR 75,000, 100% of loan amount